Sunday, September 28, 2008

Asset Management Technology - Goldman Sachs

Asset Management Technology

The Goldman Sachs Asset Management (GSAM) business supports a set of global institutional and high net worth investors who wish to follow investment strategies that carefully balance risk and return.

GSAM Technology is directly aligned to the business, working on a variety of software engineering problems that range in duration from hours to years. It is a fast-paced environment, adapting to market and customer needs to create software that is robust enough to cater to an ever-changing business environment. GSAM Technology utilizes an array of different technologies with increasing development focus on open source and Linux-based technologies.

Trading and Portfolio Management is responsible for building trading tools and developing automation that allow the business to construct portfolios and manage risk. Technologists are aligned to provide the support needed to service our clients. GSAM trading desks are broken into the following groups: Quantitative Equities, Quantitative Strategies, Active Equity, Fixed Income and Money Markets, and Goldman Sachs Investment Strategies (Liberty Harbor and Investment Partners).

Alternative Investments Technology works closely with the businesses in GSAM dedicated to the third-party alternative investments offering. The technologists work on software tools supporting such functions as portfolio construction, risk monitoring and reporting, as well as the automation of a variety of business processes. Alternative Investments Technology is comprised of the following groups: Private Equity Group (PEG), Hedge Fund Strategies (HFS), Global Manager Strategies (GMS) and Alternative Investment Client Experience (AICE).

Funds Distribution is responsible for the support and development of the Global Cash Services internet platform. This is a suite of systems that allows our clients to execute trades electronically in GSAM and other providers’ funds. This electronic trading system provides clients with a streamlined cash management solution and can serve as a single online centre for trading, reporting and research needs.

Client Reporting, Marketing and E-Commerce supports Operations, Client Service, Marketing, BDS, Product teams and E-Commerce applications in GSAM. The applications in this space are used to produce various client materials for institutional clients and marketing materials to facilitate the sales and marketing efforts across institutional and third party/mutual fund products. The team also supports both client and public web sites for GSAM.

Sales supports the Sales, Client Services, Operations, Sales Attribution, Marketing and Product Management teams by facilitating the sales effort across the institutional and third party distribution channels. We help manage client relationships and track GSAM product sales, enabling such functions as wholesaler compensation, sales reporting and management reporting.

Operations and Core Data supports the operations workflow, including trades management, portfolio accounting, product pricing, billing, and reconciliation for hedge/mutual funds and separate accounts managed by GSAM portfolio managers.

Compliance develops and supports systems that enable compliance officers to monitor GSAM's interaction with client specified guidelines and regulatory requirements for both clients and GSAM employee holdings and transactions.

Performance supports flexible performance and risk calculations for all GSAM-managed investments. It also maintains fund treasury processes that provide service and control related to the development, launch and financial oversight of the division’s pooled investment products, such as hedge/mutual funds, consistent with Goldman’s business principles.

http://www2.goldmansachs.com/careers/our-firm/divisions/technology/how-were-organized/asset-management-technology.html

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