BENGALURU: Hedge funds are increasingly hiring technologists in India, with a focus on data scientists and data engineers. New York-based hedge fund Millennium Management, which manages assets over $58 billion, has 30 roles open in Bengaluru for technology roles, including data engineer, to work on the fixed income and commodities team involved in categorising, cataloguing, cleansing, and normalising datasets.
DE Shaw, which manages more than $60 billion in assets, has opened new offices in Bengaluru and Gurugram with over 300 employees. DE Shaw already had an office in Hyderabad that continues to be its flagship centre here. “Our talented colleagues in India have helped the firm innovate for more than 25 years,” said Eddie Fishman, a member of the DE Shaw group’s executive committee. The company is also looking for data engineers working in areas of data modelling, data pipelines, APIs,storage, distribution, distributed computation, and infrastructure.
Another global investment firm, BlackRock, with $9 trillion of assets under management, has about 60 open positions in India across technology, risk management and compliance roles. Soumendra Mohanty, chief strategy officer at data science solutions company Tredence, said hedge funds are building inhouse data teams to analyse external factors including geopolitical situations having an impact on stock and fund performance.
DE Shaw, which manages more than $60 billion in assets, has opened new offices in Bengaluru and Gurugram with over 300 employees. DE Shaw already had an office in Hyderabad that continues to be its flagship centre here. “Our talented colleagues in India have helped the firm innovate for more than 25 years,” said Eddie Fishman, a member of the DE Shaw group’s executive committee. The company is also looking for data engineers working in areas of data modelling, data pipelines, APIs,storage, distribution, distributed computation, and infrastructure.
Another global investment firm, BlackRock, with $9 trillion of assets under management, has about 60 open positions in India across technology, risk management and compliance roles. Soumendra Mohanty, chief strategy officer at data science solutions company Tredence, said hedge funds are building inhouse data teams to analyse external factors including geopolitical situations having an impact on stock and fund performance.
