Absolutely true. Your solutions had better work with the five different versions of Excel on the trading floor. Prepare to watch your calculations get fed into a shadow system based on MS Excel and Access, and into different trade management platform. Prepare for desks to strong-arm you into direct access to database tables (it is you versus the portfolio manager, who do you think will win?) How about multiple security master tables? Since desks are too impatient and roll up their own solutions.
A complete clusterfuck - P&L and trade management is generally a fail. Just think of the billion/multibillion dollar megalosses from rogue traders in the past decade.
Andover Chick and networkBoy are spot on.
(I was a developer at two large hedge funds, one of which was a statarb, the other was a mishmash multistrategy.)
Yep, I've been there many times on business since the mid-80's. Not only is the air "apocalyptic" in the major city/manufacturing zones, most of the population is addicted to the products of the state-sponsored/invested cigarette companies. Upon their ivory (uhhhh... jade) tower, the politburo figures that this will keep the population down so they don't end up like India. And if the population gets uppity, well, that is what the army is for.
1) Hit the hard drive with a hammer to open up the seams a bit. 2) Place hard drive into a bucket of sea water. 3) Watch the bits oxidize away over a few days.
As a boat owner, I am a first hand witness to how corrosive the sea is to ferrous metals. The thin layer of information on a platter doesn't stand a chance.
Slashdot Mirror
Try the listing / chart at http://www.levenez.com/lang/ . Good luck...
I think the a three-eyed fish mascot named "Isotoppu" would be appropriate.
Yep, it's the "least untruthful."
Absolutely true. Your solutions had better work with the five different versions of Excel on the trading floor. Prepare to watch your calculations get fed into a shadow system based on MS Excel and Access, and into different trade management platform.
Prepare for desks to strong-arm you into direct access to database tables (it is you versus the portfolio manager, who do you think will win?)
How about multiple security master tables? Since desks are too impatient and roll up their own solutions.
A complete clusterfuck - P&L and trade management is generally a fail. Just think of the billion/multibillion dollar megalosses from rogue traders in the past decade.
Andover Chick and networkBoy are spot on.
(I was a developer at two large hedge funds, one of which was a statarb, the other was a mishmash multistrategy.)
Wall Street is an intellectual cancer on society.
Yep, I've been there many times on business since the mid-80's. Not only is the air "apocalyptic" in the major city/manufacturing zones, most of the population is addicted to the products of the state-sponsored/invested cigarette companies. Upon their ivory (uhhhh... jade) tower, the politburo figures that this will keep the population down so they don't end up like India. And if the population gets uppity, well, that is what the army is for.
Unless this console is truly compelling and/or groundbreaking, my vote for D.O.A.
1) Hit the hard drive with a hammer to open up the seams a bit.
2) Place hard drive into a bucket of sea water.
3) Watch the bits oxidize away over a few days.
As a boat owner, I am a first hand witness to how corrosive the sea is to ferrous metals. The thin layer of information on a platter doesn't stand a chance.
Whale meat anyone?
I agree. From Joel's article, one can infer that abstractions are only as good as the abstractions they are built on.