Market Data Specialist

Randstad Digital; Greater London; Hybrid; GBP 101,000 - 138,000; Full time

Job summary

Randstad Digital UK is seeking a skilled Market Data RTDS / TREP Engineer for a London hybrid role. The engineer will manage RTDS/TREP infrastructure, ensure high availability, and optimize data delivery across the organization.

The position requires hands-on experience with market data systems and strong collaboration with IT, trading, and risk teams. Responsibilities include system administration, incident resolution, performance tuning, and comprehensive documentation.

Qualifications

• 5+ years as RTDS/TREP Engineer or similar role.

Responsibilities

• Administer RTDS/TREP infrastructure, including config, deployment, and monitoring.
• Support market data distribution and ensure timely, accurate delivery.
• Troubleshoot incidents and coordinate with vendors for resolution.
• Analyze performance to reduce latency and improve scalability.
• Create and maintain infrastructure documentation and reports.
• Collaborate with IT, Trading, and Risk teams and train junior staff.

Skills

RTDS/TREP expertise

Market data systems

UNIX/Linux

Windows

Python scripting

Shell scripting (Bash)

Cloud technologies (AWS/Azure)

Networking (TCP/IP, multicast)

Problem solving

Communication

Education

Bachelor’s degree in Computer Science or related field

Tools

ADS

DDS

DACS configurations

RMDS

Job description

Job Title: Market Data RTDS / TREP Engineer

Location: London hybrid 2 day's in the office.

Job Type: 6 month contract possible extension

Job Description:

We are seeking a highly skilled and experienced Market Data RTDS / TREP Engineer to join our Market Data team. As an RTDS / TREP Engineer, you will play a critical role in managing, maintaining, and optimizing the RTDS platform (previously known as Thomson Reuters Enterprise Platform, or TREP) to ensure seamless delivery and functionality of market data across the organization. This position requires strong technical expertise, in-depth knowledge of market data infrastructure, and the ability to work collaboratively in a fast-paced and dynamic environment.

Key Responsibilities:

System Administration and Maintenance:

• Manage and maintain RTDS / TREP infrastructure, including configuration, deployment, and monitoring of services.
• Ensure high availability, performance, and stability of market data systems.
• Conduct system upgrades, patch management, and integration of new features or tools to meet evolving business needs.

Market Data Management:

• Support market data distribution using RTDS / TREP (Real-Time Market Data Distribution, Historical Data, and Reference Data).
• Monitor and troubleshoot data feeds, ensuring timely and accurate delivery of market data across all systems.
• Work closely with external market data providers (Refinitiv, Bloomberg, etc.) and internal stakeholders.

Incident Resolution:

• Investigate, troubleshoot, and resolve technical issues related to RTDS / TREP infrastructure in a timely manner.
• Collaborate with vendors and third-party support teams for issue escalation and resolution as needed.

Performance Optimization:

• Analyze system performance and identify opportunities for optimization to improve data delivery latency, reliability, and scalability.
• Perform system capacity planning and implement solutions to address business growth and technological advancements.

Documentation and Reporting:

• Create and maintain detailed documentation for RTDS / TREP infrastructure, including configurations, workflows, and support procedures.
• Provide regular reports on system performance and outages to management.

Collaboration and Coordination:

• Work closely with the IT, Trading, and Risk teams to understand business requirements and tailor RTDS / TREP solutions accordingly.
• Provide technical guidance and training to junior teams or other stakeholders as needed.

Working Pattern:

• The role requires flexibility to cover early and late shifts and undertake weekend work as required to meet operational and business needs. Specific shift hours and weekend working arrangements will be agreed as part of the role.

Qualifications and Skills:

Education:

• Bachelor’s degree in Computer Science, Information Technology, Engineering, or a related field.

Experience:

• Demonstrated 5+ years of experience working as a RTDS / TREP Engineer or in a similar role with hands‑on experience in market data systems.
• Strong familiarity with the RTDS platform, previously known as Thomson Reuters Enterprise Platform (TREP).

Technical Skills:

• Proficiency in core RTDS / TREP components (e.g., ADS, DDS, DACS configurations) and associated technologies.
• Knowledge of industry‑standard protocols like RMDS, RDF/SSL, TCP/IP, multicast, and entitlement management.
• Experience with scripting languages (e.g., Python, Bash, Perl) for automation and system integration.
• Hands‑on experience with UNIX/Linux and Windows operating systems.
• Familiarity with cloud technologies and market data platforms (e.g., AWS, Azure).

Soft Skills:

• Excellent analytical and problem‑solving skills to identify and resolve system issues efficiently.
• Strong communication and interpersonal skills for collaboration across teams and external vendors.
• Proactive attitude toward learning emerging technologies and adapting them to enhance market data solutions.

Preferred Qualifications:

• Knowledge of financial markets, trading platforms, and market data workflows.
• Certifications related to RTDS / TREP or market data systems, such as Refinitiv Professional Certifications.
• Familiarity with other market data solutions, including Bloomberg, ICE, and custom data distribution systems.