Business knowledge in a large financial org?
- by Victor
As a programmer working in the finance industry, I recently got a project that is a hedge fund adminsitrative application(used to calculate NAVs, allocate assets etc.) From a business point of view this is a good thing.
When we think of our 'next' project, typically the impulse is to think in terms of technology. e.g: 'I want to work on a project that uses SOA/cloud etc etc.'
I am interested to know if anyone while career planning also takes into account the business aspect of a future project. i.e. what the application does.
So does anybody ever think like this : 'I wish to work on a trading system so I can understand capital markets better.' instead of 'I want to work on a project that uses SOA/cloud etc etc.'
I say this because it appears to me in the finance domain, for senior position, good business knowledge pays well. So maybe a guy that knows more business but maybe not so much latest technologies is at an advantage?
The rockstar programmer seems more suited for an aggressive startup.
Particularly big old finance orgs rarely invest in tech just for the 'cool factor'.
No?
