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Here is the Big Investment Bank version of "resume driven development": - "Legacy" trading system in place (old but battle tested) - New head of technology fo
by alexpotato 2y ago
Here is the Big Investment Bank version of "resume driven development":
- "Legacy" trading system in place (old but battle tested)
- New head of technology for the business comes in
- They get the bright idea to retire the old system and roll out a new system
- They promise ridiculous deadlines
- Roll out a half baked new system and retire AT MOST 60% of the old system
- They bounce to the next role at another firm b/c they have "retired legacy trading system / rolled out new system" on their resume
Meanwhile, the new system ALWAYS has some giant outage or near miss due to the rushed deadlines.