Re:My Experience as a SWE Intern at Goldman Sachs
by tomc1985 on Saturday January 08, 2022 @01:10AM
(#29849067)
So what exactly does Goldman Sachs do techwise? What is all this software infra? Quant finance stuff? HFT?
[ Parent
| on HN ]
Re:My Experience as a SWE Intern at Goldman Sachs
by RobRivera on Saturday January 08, 2022 @02:31AM
(#29849500)
depends on the desk and division. Global markets does there execution business to drive price execution improvements, liquidity seeking algos mostly.
QIS - quant investment management services is more asset management using data science.
they dont do hft, thats more Millenium or point72, maybe citidel.
end of day they use tech to drive reduced cogs and keep in clients. the front office folks bake off against Morgan Stanley, UBS, et all to offer bespoke products that are ' new and sexy omg wow '
slang is neat insofar as access is concerned, but as one former CFO once said WHY TF U STILL USING SECDB?
Re:My Experience as a SWE Intern at Goldman Sachs
by bidirectional on Saturday January 08, 2022 @11:39AM
(#29853303)
SecDB is one of the greatest technological achievements in finance.
Re:My Experience as a SWE Intern at Goldman Sachs
by RobRivera on Sunday January 09, 2022 @04:54PM
(#29867693)
eh
Re:My Experience as a SWE Intern at Goldman Sachs
by Cybergenik on Saturday January 08, 2022 @02:59AM
(#29849660)
LOL SecDB, I remember that...
Re:My Experience as a SWE Intern at Goldman Sachs
by barbazoo on Saturday January 08, 2022 @04:45AM
(#29850115)
Made me look it up. Sounds interesting. I've never really thought about risk from the executive level. Must be the holy grail to be able to know how much risk one is taking at any given point.
Re:My Experience as a SWE Intern at Goldman Sachs
by rjsw on Saturday January 08, 2022 @09:50AM
(#29852164)
You might like to watch Margin Call [1].
Re:My Experience as a SWE Intern at Goldman Sachs
by Cybergenik on Saturday January 08, 2022 @01:20AM
(#29849116)
Yeah a lot of it is Quant Infra, but there's also a lot of internal applications for dealing with different aspects of their consumer facing business. On top of this, there's also a lot tools that are not customer facing and are just to track different aspects of the business and every day operations.