Whats the difference between the front office of an investment bank, investment management co. & hedge fund?
Asked by jagberg
I would also like to know how different IT developers functions would be in the front office, eg. RAD dev, tactical and long term projects I would also like to know how different IT developers functions would be in the front office, eg. RAD dev, tactical and long term projects. What work would the traders require (P&L, Risk Reports, etc)? Is theres much difference in work for portfolio managers and traders

Best Answer:
The Front Office is an operational entity so most duties for a developer would be for tactical and strategic projects that enhance or provide new capabilities for the operational FO. Methodologies and tools for solutioning vary depending on the organization, but banks quite often have a broad mix of both UNIX and Wintel technologies and it's not safe to just assume you'll just be doing .Net, Windows DNA and J2EE only.