Cool Banks
I see John is blogging about the coolest banks. I seem to recall in the 90’s Citibank also had a bunch of NEXT workstations, and developed a neural net trading system which managed to make sufficient money to be view in human terms as an “average trader”.
I think all banks are rated at the same coolness level, since in reality its really not the bank but an individual department head or desk that actually generates the cool projects. I know of one bank in London that is currently doing some very cool development with Eclipse RCP and XAML like dynamic screen generation. Anotherr bank is doing some very interesting work with Excel services and grid computing.
Coolest = early usage of a recently released (or beta) technology within hot trading market
I’m sure somebody can come up with some mathematically equation to rate coolness IT projects.
[...] Meanwhile, Matt blogs about what makes a bank cool from a technology point of view. No mention of Rails though?! [...]
I know of a huge fund manager using .NET grid computing for a bunch of their quant work (trading strategies and risk analysis). Of course, they won’t let me say their name…but the work they’re doing is very, very cool.
Hmm, how much of this cool stuff ends up as an albatross? One massive US investment bank has about 400 nextstep machines running a back office & pricing system. How many folks can develop in objective C??
I’ve heard it rumoured that they are always the buyer if any nextstep kit comes up on eBay, as the parts are getting scarce (this may just be a rumour)…
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