Full-Time
Sr. Software Data Engineer
Addepar
1,001-5,000 employees
Investment management software for financial professionals
No salary listed
Senior
Pune, Maharashtra, India
Hybrid
This role requires working from our Pune office 3 days a week (Hybrid work model)
- Minimum 5+ years of professional software data engineering experience
- A computer science degree or equivalent experience
- Proficiency with at least one object oriented programming language (Python OR Java)
- Proficiency with Pyspark, relational databases, SQL and data pipelines
- Rapid learner with strong problem solving skills
- Knowledge of financial concepts (e.g., stocks, bonds, etc.) is helpful but not necessary
- Experience in data modeling and visualisation is a plus
- Passion for the world of FinTech and solving previously intractable problems at the heart of investment management is a plus
- Experience with any public cloud is highly desired (AWS preferred)
- Experience with data-lake or data platforms like Databricks highly preferred.
- Partner with multi-functional teams to design, develop, and deploy scalable data solutions that meet business requirements
- Build pipelines that support the ingestion, analysis, and enrichment of financial data by collaborating with business data analysts
- Advocate for standard methodologies, find opportunities for automation and optimizations in code and processes to increase the throughput and accuracy of data
- Develop and maintain efficient process controls and accurate metrics that improve data quality as well as increase operational efficiency
- Working in a fast-paced, dynamic environment to deliver high-quality results and drive continuous improvement
- Experience in data modeling and visualisation is a plus
- Passion for the world of FinTech and solving previously intractable problems at the heart of investment management is a plus
- Experience with any public cloud is highly desired (AWS preferred)
- Experience with data-lake or data platforms like Databricks highly preferred.
Addepar provides investment management software designed for financial professionals like asset managers and financial advisors. Its platform aggregates and analyzes financial data, enabling users to make informed investment decisions. The software allows for portfolio alignment with specific targets, modeling of asset allocations, and testing of hypothetical performance across various scenarios, including the management of illiquid assets. Addepar operates on a subscription model, offering features for billing and fee management that enhance transparency regarding costs. This focus on data and technology distinguishes Addepar from competitors, as it empowers users to optimize client portfolios effectively. The goal of Addepar is to support investment professionals in navigating the complexities of the financial market and achieving their clients' financial objectives.
Company Size
1,001-5,000
Company Stage
Series G
Total Funding
$902.8M
Headquarters
New York City, New York
Founded
2009
Simplify's Take
What believers are saying
- Recent $230M Series G funding boosts innovation and expansion capabilities.
- Partnership with HSBC enhances client reporting, attracting major financial institutions.
- Acquisition of Arcus improves platform efficiency in managing documents and workflows.
What critics are saying
- Increased competition from AI-driven platforms may threaten Addepar's market share.
- Economic downturns could reduce demand for subscription-based premium software solutions.
- Integration challenges with Arcus acquisition may disrupt platform functionality.
What makes Addepar unique
- Addepar integrates with over 100 partners, offering a comprehensive financial management solution.
- The platform aggregates data for over $7 trillion in assets, providing unmatched data insights.
- Addepar's focus on alternative investments aligns with growing interest in diversified portfolios.
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Benefits
Equity: Stretch the idea of ownership beyond your day-to-day and take pride in being an owner in the growth of Addepar
Global Hybrid Workforce: Whether you work remotely or on-site, you’ll have the opportunity to build and collaborate with colleagues around the world
Flexible Time Off: Spend time traveling, celebrating with friends and family or relax on your schedule
Benefits Packages: Competitive medical, dental and vision benefits along with a monthly wellness allowance to keep you healthy and happy
Learning & Development Allowance: Your continued growth and development are important to us
Dynamic Team: Strong investment in the best talent at the intersection of technology and finance
Growth & Insights and Company News
6 month growth
↓ -1%1 year growth
↑ 0%2 year growth
↓ -2%HSBC UK Private Banking is the first major UK bank to adopt Addepar‘s leading software platform designed specifically for wealth managers. This follows adoption in the US Private Bank, with rollout in the Channel Islands and Luxembourg to come later this year.HSBC UK Private Banking serves domestic and international ultra and high net worth clients, as well as family offices. As one of the largest banking and financial services organisations in the world, HSBC is committed to delivering superior client experience powered by leading digital solutions.The Addepar platform provides an enhanced client reporting experience, with complex aspects such as alternatives and account aggregation. Relationship managers and investment advisers can provide clients with bespoke, comprehensive performance data and insights on their investments with just a few clicks.Additionally, the platform can also aggregate performance for clients who hold investments with other wealth managers, meaning clients can see a full picture of their entire investment portfolio.Charles Boulton, Head of Private Banking, HSBC UK, said: “We’re delighted to be adopting Addepar’s wealth management software platform. Providing real-time, tailored client reporting across all asset types is essential to our clients.Addepar’s platform will mean that our clients have the best possible insights at their fingertips to manage an increasingly complex financial landscape. Being able to present a client’s entire portfolio to them so they have a holistic view of their wealth across multiple currencies and multiple wealth managers will be a big step forward for us.”James Thomson, Head of Investment Counselling, HSBC UK Private Banking, said: “As a leader in the alternatives space, with more and more private banking clients wanting to have a proportion of their portfolio in this asset class, Addepar’s advanced alternatives reporting capabilities was an important selling point.Our new reporting capabilities will mean our investment advisors can deliver deeper insights and greater transparency to our clients in a more efficient way, meaning they can spend more time on what matters most: providing our clients with high quality advice supported by robust analytics.”Eric Poirier, CEO of Addepar said: “Addepar exists to bring greater transparency, connectivity, and intelligence to the global investment ecosystem
Addepar has raised $230 million in a Series G investment round, valuing the company at $3.25 billion. The round was co-led by Vitruvian Partners and WestCap, with participation from 8VC, Valor Equity Partners, and new investor EDBI. The funds will be used for employee liquidity and to enhance innovation and client capabilities. Addepar manages over $7 trillion in client assets and aims to achieve profitability in 2025.
The Arcus acquired by Addepar is a separate firm from Arcus Partners, another AI-technology firm, which created Finity360 AI (among other AI tools) for managing documents, data and workflows for advisory firms in tandem with CRM.
/PRNewswire/ -- Addepar, the leading technology and data platform for wealth, investment, and asset management, today announced the acquisition of Arcus, an...
Addepar secures $230 million in Series G funding, bringing its valuation to $3.25 billion and adding new backing from global investors including Vitruvian Partners and EDBI.