Market Data & Trading Systems Engineer

About Parameta Solutions and TP ICAP Group

Parameta Solutions, part of the globally renowned TP ICAP Group, specializes in data and analytics services for financial markets. The TP ICAP Group leads the interdealer brokerage industry worldwide, offering outstanding liquidity, pricing, and market data solutions across more than 60 offices in 27 countries with a workforce exceeding 5,300 professionals.

Parameta Solutions provides unbiased OTC content, proprietary data, and comprehensive analytics that assist clients in price discovery, risk management, and compliance, operating various brands including Tullett Prebon Information and PVM Data Services.

Role Overview

This role focuses on supporting, enhancing, and troubleshooting real-time market data platforms and distribution systems to guarantee timely, accurate delivery of market data to trading systems and external clients. It entails working closely with technology, operations, and business units in a dynamic financial market environment.

Key Responsibilities

• Administer and provide technical support for real-time market data systems and distribution services.
• Aggregate, normalize, and distribute market data sourced from internal systems, exchanges, and third-party vendors.
• Monitor data accuracy, system uptime, and overall service availability to maintain reliable market data flow.
• Create and improve automation processes related to data ingestion, system monitoring, deployment, and operational workflows.
• Enhance system architecture for scalability, fault tolerance, and low-latency performance.
• Maintain connectivity with various exchanges, vendor platforms, and trading venues, including risk management components.
• Conduct incident investigations, analyze root causes, and implement measures to prevent recurrence.
• Document system design, operational procedures, and data pipelines comprehensively.
• Ensure adherence to exchange contracts, licensing rules, and regulatory standards.
• Participate in out-of-hours technical support including weekends and public holidays when necessary.

Required Qualifications and Competencies

• Minimum of three years’ experience in financial services technology roles related to market data engineering, support, or infrastructure.
• Familiarity with real-time market data platforms and connectivity to vendors or exchanges.
• Technical proficiency with market data tools such as Refinitiv RTDS/RMDS or Bloomberg feeds.
• Solid skills in managing and troubleshooting Linux and/or Windows server environments.
• Programming and automation experience using scripting languages like Python, Bash, Perl, or TCL.
• Strong understanding of networking concepts including TCP/IP, routing, multicast, and requirements for ultra-low latency systems.
• Excellent analytical capabilities and problem-solving skills for diagnosing complex technical issues.
• Effective communication and collaboration skills to interact with multiple stakeholders.
• Self-directed learner with the ability to work autonomously.

Preferred Skills and Knowledge

• Insight into financial markets, trading processes, and various market data products.
• Experience with cloud computing platforms such as AWS, Google Cloud Platform, or Microsoft Azure.
• Exposure to containerization technologies like Docker and orchestration platforms such as Kubernetes.
• Hands-on with infrastructure automation tools including Terraform or CloudFormation.
• Knowledge of database technologies such as SQL, NoSQL, or time-series databases.
• Familiarity with Refinitiv Enterprise Platform (RTP/TREP), FIX Market Data protocols, and TREP solutions.
• Experience in market data monitoring tools like ITRS Geneos.
• Understanding of enterprise market data products including Bloomberg Terminal, Refinitiv Workspace, and BPIPE.
• Academic background in Computer Science, Engineering, Mathematics, or related fields.

Additional Information

This role falls under the professional band 5 level at TP ICAP, reflecting a strong career development opportunity. Candidates are encouraged to apply even if they do not meet every single qualification, as inclusivity and diverse skills are valued.

Work Location: 50 Raffles Place, Singapore.

Support hours: May involve shifts during weekends and public holidays for out-of-hours assistance.

TP ICAP values diversity and inclusion, promoting a collaborative culture that encourages all employees to contribute and thrive.