Hedge fund firm Man AHL says open sourcing software helps attract the best developer talen

A commonly held view of hedge funds is of secretive organisations that jealously guard the tools that make them money. Contrary to this is the trend among certain firms to open source their software and invite collaboration from the developer community. Firms that have blazed a trail in the open sourcing of this sort of technology are the likes of AQR, which kick-started the Pandas libraries project, and Man AHL, which has open-sourced its Arctic data storage system. Arctic powers Man AHL’s vast financial market data store and is built on top of the open-source no-SQL database MongoDB. The Arctic codebase was made available on GitHub back in 2015. Gary Collier, Co-CTO of Man AHL is taking part in a session on open source technology at Newsweek/IBT’s forthcoming Data Science…


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