Hi all,What would be the pros and cons of working for the R&D group of Bloomberg ?The work is that of C++ developer to integrate or put together the models developed by quants.ThanksDiwakar

QuoteOriginally posted by: shettydiwakarHi all,What would be the pros and cons of working for the R&D group of Bloomberg ?The work is that of C++ developer to integrate or put together the models developed by quants.ThanksDiwakarGreat job - if you like being a code warrior.

QuoteOriginally posted by: shettydiwakarThe work is that of C++ developer to integrate or put together the models developed by quants.Check with them again. The job description could be "that of C++ developer to integrate the models using FORTRAN"

BB have some of the very top level of quants, so if you are working for them it is very good.But as others here have pointed out there is a big pile of work at BB where the technology is shockingly old fashioned, and requires geriatric nursing.What I would do is ask how much training you will get in Fortran, if the answer isn't zero, worry.

Thanks TraderJoe, Ananihdv and DCFC for your inputs.This is for the Interest Rate Derivatives group

If you work there, can you please tell them to do something about their antiquated e-mail system? It is so un-user friendly too.Very much appreciated!!!

QuoteOriginally posted by: DCFCBB have some of the very top level of quants, so if you are working for them it is very good.But as others here have pointed out there is a big pile of work at BB where the technology is shockingly old fashioned, and requires geriatric nursing.What I would do is ask how much training you will get in Fortran, if the answer isn't zero, worry.DCFC,you not like Fortran?As a veteran of Fortran (from 1975) as well as C++ (1989) I can say from my experience that systems in Fortran had to be well-designed in the old days (and there are various reasons for this which I won't go into). It was the language of choice in engineering and in some ways it is more suitable than C++ for scientific and technical applications. Of course, C++ is OO and has templates and looks good on your CV. I see it as having more and less than Fortran. The latter has better performance and has buckets of libraries.

QuoteOriginally posted by: Cuchulainnyou not like Fortran?As a veteran of Fortran (from 1975) as well as C++ (1989) I can say from my experience that systems in Fortran had to be well-designed in the old days (and there are various reasons for this which I won't go into). It was the language of choice in engineering and in some ways it is more suitable than C++ for scientific and technical applications. Cuchulainn, BB uses Fortran for application level programming ( in IT) and not for scientific applications. That is the main problem working there. The reason is the backend for the terminals have large amounts of Fortran code base. They use C++ for scientific programming and Fortran for IT.

QuoteOriginally posted by: ananihdvCuchulainn, BB uses Fortran for application level programming ( in IT) and not for scientific applications. That is the main problem working there. The reason is the backend for the terminals have large amounts of Fortran code base. They use C++ for scientific programming and Fortran for IT.I also hear that their mainframe is powered by a team of mules turning a treadwheel.

QuoteOriginally posted by: PanniniQuoteOriginally posted by: ananihdvCuchulainn, BB uses Fortran for application level programming ( in IT) and not for scientific applications. That is the main problem working there. The reason is the backend for the terminals have large amounts of Fortran code base. They use C++ for scientific programming and Fortran for IT.I also hear that their mainframe is powered by a team of mules turning a treadwheel.hey Pannino,The younger generation of programmers could learn a lot from mainframe folk in the areas of code compactness and robustness

Regarding DCFC's comments"very top level of quants@BB", Peter Carr, Bruno Dupire are shining there.

Also Flesaker Bjorn, and Konikov Michael. Patrick Hagan was there until about a year (?) ago.