Market Data Engineer, Parameta Solutions

ICAP Information Services Limited; City Of London; Hybrid; GBP 80,000 - 110,000; Full time

Job summary

Parameta Solutions, the Data & Analytics division of TP ICAP Group, is hiring a Market Data Engineer to build and evolve our real-time market data infrastructure in a fast-paced financial environment.

You will ensure data is captured, processed and delivered with high availability and low latency, collaborating with exchanges, vendors, and internal platforms. The role offers London-based Hybrid work and exposure to leading market data tools.

Qualifications

• Proven experience with real-time market data platforms in production.
• Understanding of low-latency data delivery and normalisation.
• Experience integrating data from exchanges, vendors and internal systems.
• Scripting and automation leadership using Python/Shell/PowerShell.

Responsibilities

• Monitor and maintain real-time market data services for accuracy and timeliness.
• Ingest, normalise and distribute market data across platforms and vendors.
• Troubleshoot data, applications and infrastructure to ensure high availability.
• Develop automation for data ingestion, processing and monitoring.
• Collaborate with technology and business teams to deliver robust market data solutions.

Skills

Real-time data

Low latency

Python scripting

Automation

Team collaboration

Education

Degree in Computer Science/Engineering/Mathematics

Tools

Refinitiv RTDS

TREP

Bloomberg BPIPE

JPASSOC/MPF

Refinitiv Workspace

Job description

About TP ICAP Group

The TP ICAP Group is a world leading provider of market infrastructure. Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions. Through our people and technology, we connect clients to superior liquidity and data solutions. The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform. Founded in London in 1866, the Group operates from more than 60 offices in 27 countries. We are 5,200 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.

About Parameta Solutions

About Parameta Solutions Parameta Solutions is the Data & Analytics division of TP ICAP Group. The business provides clients with unbiased OTC content and proprietary data, in-depth insights across price discovery, risk management, benchmark and indices, and pre and post-trade analytics. Its post-trade solutions offering helps market participants control their counterparty and regulatory risks through a growing range of tools that manage balance-sheet exposure, as well as compression and optimisation services. The Data & Analytics division includes the following brands: Tullett Prebon Information, PVM Data Services, ICAP Information and Burton-Taylor Consulting.

Role Overview

Role Overview We are looking for an experienced Market Data Engineer to play a key role in the delivery, resilience and evolution of our real-time market data environment within Parameta Solutions. Working at the intersection of financial markets, data and technology, you will help ensure critical market data is captured, processed and distributed accurately, reliably and at speed. You will work across internal trading platforms, exchanges, market data vendors and third-party providers, supporting the infrastructure and services that underpin our market data capabilities. This is a hands-on engineering role with a strong focus on availability, performance, automation and continuous improvement. You will have the opportunity to solve complex technical challenges, enhance the scalability and resilience of our market data estate, and collaborate with technology and business teams to deliver robust solutions in a fast-paced financial markets environment.

Role Responsibilities

• Monitor and maintain real-time market data services, ensuring accurate, reliable and timely data delivery.
• Integrate, normalise and distribute market data from exchanges, vendors, internal platforms and third-party providers.
• Troubleshoot market data, application and infrastructure issues to maintain service availability and data integrity.
• Optimise market data platforms and pipelines for low-latency, high-throughput and scalable performance.
• Lead technical planning for platform upgrades, lifecycle management, maintenance and production deployments.
• Develop automation for data ingestion, processing, monitoring and operational workflows.
• Support capacity planning, performance tuning and infrastructure improvements.
• Partner with technology teams, business stakeholders, exchanges and vendors to deliver effective market data solutions.
• Support compliance with relevant exchange policies, licensing agreements and regulatory requirements.
• Maintain clear technical and operational documentation.

Experience / Competencies

• Essential Proven experience supporting real-time market data platforms and distribution systems within a production environment.
• Demonstrated understanding of market data technologies, including feed handlers, data normalisation, entitlement management and low-latency distribution.
• Experience integrating and distributing financial market data from exchanges, vendors and internal trading systems.
• Solid troubleshooting capability across data, applications and infrastructure within high-availability environments.
• Experience with capacity planning, performance tuning and scalability optimisation.
• Proficiency in scripting and automation using Python, Shell, PowerShell or similar technologies.
• Good knowledge of monitoring, alerting and operational support practices for business-critical systems.
• Experience working collaboratively with technology teams, business stakeholders, vendors and external partners.
• Understanding of exchange policies, market data licensing and relevant regulatory requirements.
• Effective analytical, communication and problem-solving skills, with a proactive and service-focused approach.
• Flexibility to support critical deployments, production incidents and scheduled maintenance outside standard business hours where required.
• Desired Degree in Computer Science, Engineering, Mathematics or a related discipline, or equivalent professional experience.
• Good understanding of financial markets, trading workflows and market data services.
• Experience with platforms such as Refinitiv RTDS/TREP, Refinitiv Workspace, Bloomberg BPIPE, JPASSOC or MPF.
• Experience supporting large-scale, low-latency or high-performance distributed systems.
• Knowledge of market data protocols and technologies, including TREP/RTDS or FIX Market Data.
• Familiarity with Bloomberg Terminal, Refinitiv Workspace/Eikon or similar market data applications.
• Experience using Excel in conjunction with real-time market data.
• Curiosity and willingness to develop knowledge of new technologies, market data products and financial markets.

Job Band & Level

Professional / 5 #PARAMETA #LI-MID #LI-Hybrid

Company Statement

We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.

Location

UK - 135 Bishopsgate - London

Company Overview

Connecting clients, communities and colleagues for sustainable growth TP ICAP connects people, platforms, ideas, and insight across the world’s financial, energy and commodities markets. As a global leader in market infrastructure and data-led solutions, we enhance market access, increase efficiencies, and unlock possibilities. Work with us Joining TP ICAP puts you at the heart of markets that matter. You’ll have the freedom to innovate and act on your initiative. We’ll train you and build your abilities in your specialist area, so that you can become an expert in your field. And all within a connected network that’s there to set you up for success. More about us TP ICAP Group is a collection of premium brands each with a distinct, client-focused offering. Underpinning and connecting these client-facing brands is the financial security, operational strength and know-how we have as a Group. Connections are at the heart of what we do. We combine our people’s know-how with the latest technology to improve price discovery, trade execution and liquidity flow. Connections create strength. Through them, we help our clients to manage risk, realise investment strategies and expand the scope for growth. And connections act as a catalyst. Sparking richer solutions for our clients to break new ground, modernising markets for future performance, and creating dynamic careers for our people. Our capacity to connect builds trust, supports communities and gives us the power to anticipate and respond to change, whatever direction the world takes. It’s what makes TPICAP a mainstay in the global markets, now and in the future. TP ICAP. We connect.