END-OF-STUDIES INTERNSHIP – Study Market data access control solution for linear rates clients

Posted:
9/12/2024, 8:26:34 PM

Location(s):
Paris, Ile-de-France, France ⋅ Ile-de-France, France

Experience Level(s):
Internship

Field(s):
Operations & Logistics

Murex is a global fintech leader in trading, risk management and processing solutions for capital markets.

Operating from our 19 offices, 3 000 Murexians from over 60 different nationalities ensure the development, implementation and support of our platform which is used by banks, asset managers, corporations and utilities, across the world.

Join Murex and work on the challenges of an industry at the forefront of innovation and thrive in a people-centric environment.

You’ll be part of one global team where you can learn fast and stay true to yourself.

The team

Real Time Portfolio Management team belongs to Product Evaluation Services (PES) department that is responsible for the product management of the whole MX.3 platform. Our RTPM team manages the definition, evolution and development of generic tools used for the portfolio management by various Trading desks, going from Cash or Linear Rates desks to Exotic ones, and also by Investment Management.

Market Data team is specialized in Market Data capturing and integration in all the relevant modules of MX.3 platform and is part of RTPM team.  

 

The mission

Controlling the access/update of market data is a key feature for clients as it allows them to represent user's roles and responsibilities of their organization into the softwares/resources which are used to achieve their mission.

This helps the organization to manageoperational riskby allowing users to change only what they are intended to update.  

There are currently several ways to control the access/update of market data in MX.3, that can provide different levels of granularity: 

  • Permissions at the level of the screens  

  • Permissions at the level of the storage 

  • Permissions at the level of the market data itself 

 

Your mission will be to study the typical use cases of a standard linear rates client to provide a fit to purpose solution about Market data access control.  

 

During this mission, you will have to: 

  • Understand the standard use cases of a linear rates client and build market data access control requirements 

  • Prepare a test campaign to validate these use cases  

  • Execute the test campaign and document the market data access control solution with its limitations   

  • Specify small developments to fix the gaps  

  • Ensure the non-regression of these use cases  

  • Create an official documentation for the product 

  • Communicate the result of your study and campaign to customer services and linear rate product team 

 

 

Profile

  • Student with 5 years of higher education (engineering school, ideally with a specialisation in market finance), looking for a 6-month end-of-study internship.   

  • Computer science knowledge (SQL, Linux, …)  

  • Is curious or have knowledge on finance (market data knowledge is a plus)  

  • Wish to work in product management  

  • Rigorous, like to dig subjects in detail 

  • Proactive, like to propose new ideas 

  • Have capacity to synthesize research and present them   

  • Good autonomy 

 

Why join us ? 

  • Be fully integrated in Murex product division, and have the opportunity to discuss with many experts in various teams (Linear Rates, Market data, Customer Services, Quality Assurance)  

  • Follow an end-to-end topic: start from study, specification, execution and finally sharing/communication  

  • Gain functional knowledge on linear rates clients and use cases  

  • Gain MX.3 knowledge on market data management, and different MX.3 screens and processes (e-tradepad, LiveBook, simulation, market data screens, Market data repository service, processing scripts, …)  

  • Discover how murex teams work in agile mode (split in milestones/features, estimation, prioritization, …)