It's known that there is serious competition in the banking and finance sector. In this sector, which has to keep up with the rapidly developing technology, the need for software developers and IT employees is increasing day by day. In particular, in the face of competition from electronic market makers such as Jane Street (a global proprietary trading company founded in 1999) and Citadel Securities (a company that helps meet the liquidity needs of asset managers, banks, government agencies, etc.), banks around the world urgently need to engage in systematic trading. This has caused all banks to need high-end C++ coders.
As it is known, mastering the C++ programming language is very difficult. Unlike some other languages like Python, which is easier to learn, C++ is the standard programming language for implementing object-oriented designs where performance is very important. Banks competing to be industry-leaders today also need engineers proficient in C++ to work on low-latency trading systems.
Let's look at the US-based multinational investment bank Goldman Sachs. The bank's CEO, Stephen Scherr, affirmed that the bank would strengthen its technological team in 2021. Later, Goldman Sachs augmented its entire stock franchise by creating a "tech stack." Now Goldman Sachs is recruiting C++ developers to work on developing systematic market-making systems across the bank. The bank has around 25 active tech job postings, and a good knowledge of C++ is a prerequisite for almost all of them. Goldman is also looking for a C++ software engineer to work with the franchise data strategies group that feeds real-time data.
Obviously, Goldman Sachs isn't the only bank offering jobs to C++ coders. There cannot be a bank today that does not aim to improve its trading infrastructure and upgrade its data capabilities. And the healthiest way to do these things is to trust experienced C++ software engineers. When we examine the job postings of well-known banks such as Morgan Stanley, JPMorgan, Deutsche Bank and Credit Suisse, we see that they are all looking for a large number of C++ programmers.
C++ coders don't matter just because they can develop high-speed market-making systems at the front office. Modern banks also use this programming language when building supportive risk and compliance systems. In some examples, such as JPMorgan's Athena platform, we see that the systems are built in Python, but when we get down to the basics, we realize that the core system is written in C++. For this reason, banks are investing heavily in C++ language.
Imagine working as a software engineer at a leading bank. For example, if you are working on derivative pricing, you will most likely be using C++. Whereas C++ is not a fast programming language, it is mostly preferred when writing code to deal with general financial tools because the object-oriented paradigm works really well.
Must-Have C++ Trainings
C++ Primary Course
C++ Primary training covers the C++ language practically and theoretically for application programmers who do not have enough experience. This is a training where you will learn the intricacies of the C++ programming language, which highlights good practices and supports clear and seamless coding.
Modern Robust C++ Design Course
This course is written from the perspective of a developer, not an academic. For this reason, a simple library design is followed in the training and the language and library features that can be encountered are introduced. In addition, almost all language features and most of the standard library are researched in education and various design patterns are examined. Although C++11/14 features are used throughout the Modern Robust C++ Design training, most of the material is also suitable for pre-C++11 users. By the end of this course, participants will better understand the capabilities and potential pitfalls of the C++ language and will be able to use C++ language features more to write robust, quality software.
Modern Expressive C++ Course
This is a hands-on course with a mix of training and practical sessions for each technical part that strengthens Modern Expressive C++ programming techniques. Participants will write unit tests to validate their work while developing a GUI-based tool to support their learning.