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Understanding Market Data Conventions - Achieve deep understanding of the market conventions for each relevant data source (market conventions include such things as how instruments are traded, special trading conditions that can occur and how they impact various derived data such as VWAPs, daily highs and lows, etc., trading units, minimum trade sizes, etc). Market Data Conventions must be understood from the perspective of the provider (exchange), the vendor, and the customer
Writing Content Requirements - Review feed specifications provided by the Exchange or 3rd party source and translate such specifications into detailed and documented business rules for the Development team to implement. Such rules include mapping of incoming fields to the data model, defining appropriate rules/business logic for correctly calculating derived data such as VWAPs, highs/lows, normalizing trade condition codes into the global standard, and defining how fields need to be presented to customers (e.g., ensuring proper scaling of numbers)
Ownership of Requirements - Ensuring all requirements, both new and changes, are reviewed, acknowledged, and properly handed off to the appropriate technology and business teams in a complete and timely fashion
Monitoring for Changes - Monitoring exchange and 3rd party source change notifications, and ensuring that tickets are immediately raised and analyzed for impact to accommodate the change
Content QA Support - Working with software QA and content QA teams to ensure any new/changed data is appropriately tested to ensure compliance with the business rules defined by this individual in the aforementioned requirements documentation
Proactive Improvements – Proactively review of existing market data implementations, followed by sensible suggestions for improvements based on knowledge of local and global market conventions
Reporting / Support – Keeping appropriate managers and other groups informed of progress in key areas of market data content changes and improvements. Supporting appropriate client facing personnel in matters of content modeling and quality, with a view towards superior client satisfaction and increased sales. From time to time, "light" project management may be required
Required Basic Qualifications
Excellent communication skills
Ability to read and understand technical specifications provided by Exchanges and other 3rd party sources
Prior experience working for a market data vendor, specifically in the area of real-time data feed processing, either as a business analyst or a content specialist. Ability to explain challenges with respect to ingest and normalization of real-time market data
Ability to acquire detailed knowledge of market trading rules and conventions for various Exchange and other 3rd party/OTC venues through independent research, networking amongst internal and external peers, industry forums, reference materials provided by the Exchanges and other 3rd parties, etc
Ability to create well written, concise and comprehensive business requirement documents which clearly define how Development should implement support for a new or modified market data feed such that it conforms to the defined data model standards and any and all relevant local market rules and conventions
Deep knowledge of 'raw' exchange feeds across at least one geography but preferably across multiple geographies. Global knowledge is best in class. Expertise in C&E markets is a plus
Experience in quality assurance in either software or content products
Knowledge of financial services, data vendors, end user customer firms