Thoughts on FinTech industry as a career? Specifically Order/Portfolio Management System software

RollTigs5's picture
Rank: Chimp | 15

Hi,

Wanted to get peoples thoughts on the FinTech industry pertaining to Order/portfolio management System software providing services to Buy-side with Execution, Compliance, PnL, Positions, Accounting, etc.

I have been looking at some positions within these types of software companies. Looks very interesting especially Sales where you basically meet with Buy-side firms and customize the software to help them. Seems like good exposure to firms as well. Has anyone heard of PM's/Traders switching over to technology firms such as these? Just looking for some information/ career path possibilities within this industry. Thanks

Comments (5)

Feb 18, 2017

failed traders yes

Feb 18, 2017

I would say the upside is pretty limited if you pursue that route. Your skillset in OMS systems will not be easily transferable.

Feb 19, 2017

Ok thank you for the feedback. Aren't these types of systems/technology putting traders out of jobs somewhat? At least purely execution traders? I'm leaning towards going into this industry because I don't want to purely go into Finance. I know I won't make as much money but it seems like capital markets are becoming more technology-driven so there is obviously solid money to be made with maybe less risk/stress as working for a hedge fund,etc. Any thoughts?

Feb 19, 2017

If you're planning to work in software sales/solutions you should look beyond the FinTech niche. Oracle, Salesforce, Microsoft, SAP and others can be extremely lucrative with a much wider market.

Feb 20, 2017
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