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Quant developer or Software engineer?

Joined
1/22/16
Messages
1
Points
11
Hi all,

Recently, I got a full time offer from a company. This offer is titled as matlab developer which involves working with quantitative models. I am not so sure how it should be categorized. Quant developer? Software engineer? Front/middle/back office?


Thank y'all!
 
Matlab is a useful package.

But writing code in Matlab would not be described as software engineering.
 
Historically, Matlab (for market making institutional firms) and R (for Buy sides) along with VBA have been used for Model prototypes while implementation of those models to obtain real-time & eod risk has mostly been into C++. Of late , as if the whole world converges into Python (in terms of both model prototype & its implementation). As to the Quant developer vs Software engineer question - the boundary is very vague, given the fact that guys with an MS in fin math or pure math or stat or comp science working comfortably on both sides of the boundary. During the days of heavy speculative derivatives, only PhDs with Matlab/R/VBA expertise used to consume the space on the QR side although heavy numerical development has always been thru C++ to make Monte Carlo & PDE solvers faster to price non-linear instruments. Nowadays, when regulatory reporting takes priority over day-to-day P&L move, these things really don't matter much. Hope I didn't confuse too much here ...
 
Hi all,

Recently, I got a full time offer from a company. This offer is titled as matlab developer which involves working with quantitative models. I am not so sure how it should be categorized. Quant developer? Software engineer? Front/middle/back office?


Thank y'all!

what are you doing with the models? evaluating them? Changing them? Running them?

Kind of like the people that call themselves C++ programmers just because they call C++
 
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