Full-Time

Software Engineer

C++/Rust

Confirmed live in the last 24 hours

Databento

Databento

11-50 employees

Self-service platform for market data access

Fintech
Financial Services

Entry, Junior

H1B Sponsorship Available

Remote in USA

100% remote work accommodated.

Category
Backend Engineering
FinTech Engineering
Software Engineering
Required Skills
Rust
Data Structures & Algorithms
C/C++
Data Analysis
Requirements
  • Prior internship experience or 1 to 3 years of full-time software engineering experience, preferably at a trading firm, tech company or high-growth startup.
  • Strong proficiency in C/C++ or Rust.
  • Knowledge of systems programming, algorithms, data structures, multithreading, networked I/O, serialization, CPU architecture, kernel, and compilers.
  • Experience working with multiprocess environments.
  • Comfortable with lldb/gdb.
  • Good communication skills and work ethic for a remote workplace.
  • An interest in low-level optimization and performance engineering.
  • An interest in financial data or algorithmic trading.
Responsibilities
  • Design, develop, and maintain high-performance server applications in C/C++ and Rust.
  • Write message parsers and feed handlers for direct market data feeds from trading venues.
  • Optimize existing codebase for high throughput (millions of messages per second, up to 40+ gigabit) and low latency (measured in nanoseconds).
  • Implement tools and libraries for petabyte-scale data processing and analysis.
  • Collaborate with systems team to implement best practices for build, deployment, CI/CD.
  • Implement monitoring and improve application uptime.
  • Ensure smooth feature rollouts and updates.

Databento provides a self-service platform that allows users to access market data quickly and easily. Users can obtain live exchange feeds and large amounts of historical data, only paying for what they actually use. This flexibility makes it appealing to a wide range of clients, from large financial institutions to small startups. Unlike many competitors, Databento operates on a pay-as-you-go model, which helps users manage costs effectively. The company's goal is to simplify the process of accessing market data, making it more accessible and affordable for all types of businesses in the finance and fintech sectors.

Company Stage

Series A

Total Funding

$64.3M

Headquarters

Boston, Massachusetts

Founded

2019

Growth & Insights
Headcount

6 month growth

3%

1 year growth

3%

2 year growth

31%
Simplify Jobs

Simplify's Take

What believers are saying

  • The recent $31.8 million strategic investment provides Databento with substantial capital to fuel growth and innovation.
  • Offering Nasdaq TotalView-ITCH live data and other proprietary feeds positions Databento as a comprehensive data provider for financial markets.
  • The zero license fee model for US equities bundles can attract a wide range of clients, from web apps to systematic traders, boosting user adoption.

What critics are saying

  • The financial market data sector is highly competitive, with established players like Bloomberg and Refinitiv posing significant challenges.
  • Providing free services, such as the public NTP service, may strain resources and impact profitability if not managed carefully.

What makes Databento unique

  • Databento offers the industry's first US equities bundle with zero license fees, setting it apart from competitors who charge significant fees.
  • The launch of a free public NTP service optimized for algorithmic trading highlights Databento's commitment to addressing specific market needs.
  • Partnerships with technology providers like Napatech for FPGA-based capture processes enhance Databento's data accuracy and reliability.

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