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Working on Financial domain

Pradeep bhatt
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Joined: Feb 27, 2002
Posts: 8919

How is it like working on financial domain ? It looks interesting but ..
Is it easy to work with big business analysts with MBA degree


Groovy
Arjunkumar Shastry
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Joined: Feb 28, 2005
Posts: 986
Financial domain is interesting area.In most cases Business analysts(MBAs) will be preparing business cases and discuss those with architects etc and then it comes to tech people like you.


Namma Suvarna Karnataka
Chetan Parekh
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Joined: Sep 16, 2004
Posts: 3636
I worked in financial domain for 2 years. And it was really great experience for me.

When you are working in financial domain, security/data protection/data integrity is the major concern. We used to give presentation to 2 level of body before we start working on any development task.

Read ET, it will make you aware of some of jargons and buzzwords of financial domain.


My blood is tested +ve for Java.
Pradeep bhatt
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Joined: Feb 27, 2002
Posts: 8919

Thank you.
Which is better - Work for a financial company or work in a services company which has financial vertical. Somone told that technical people are treated as inferiors in a financial company. Share your experience
Pradeep bhatt
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Joined: Feb 27, 2002
Posts: 8919

Originally posted by Arjunkumar Shastry:
Financial domain is interesting area.In most cases Business analysts(MBAs) will be preparing business cases and discuss those with architects etc and then it comes to tech people like you.


What do architects do ?
Arjunkumar Shastry
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Joined: Feb 28, 2005
Posts: 986
They should be able to everything.Depending on the interface requirements, they suggest which technology to use.If technology is already decided which patterns to use and other things etc.
Role of architect varies from organization to organization.You can further calssify them as:
1)system architect
2)Solution architect
and many more.
Catch somebody from iFlex and you will get more info on Financial domain.
Pradeep bhatt
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Joined: Feb 27, 2002
Posts: 8919

How is the market for financial domain ?
Pradeep bhatt
Ranch Hand

Joined: Feb 27, 2002
Posts: 8919

I worked in financial domain for 2 years. And it was really great experience for me.

Doesn't it get boring after some time ?
Sandeep Ghosh
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Joined: Jan 23, 2002
Posts: 145
My experience was not so good. I am working in financial domain for last 2 years and hopefully I will leave this domain next month. I found there is too much bureaucracy, just like govt jobs, but strangely I am working for top 5 banks. Most irritating thing I found is that your tech boss will be a banker with few years of IT experience. He will expect you to understand their banking business in few weeks and come with software in few months which automates everything. It is difficult to explain them anything technical.
Yes after few months work will be boring,but salary will compensate it. You just have to decide your priority.
 
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subject: Working on Financial domain