---
title: 'Business Analyst, Market Data Change at Qube Research & Technologies'
canonical: 'https://feeny.ai/job/business-analyst-market-data-change-qube-research-technologies-london-vjqhbb1v5z3f'
type: 'job'
last_seen: '2026-11-07'
---

# Business Analyst, Market Data Change at Qube Research & Technologies

- **Company:** Qube Research & Technologies
- **Location:** London, United Kingdom
- **Posted:** 2026-11-05
- **Last confirmed live:** 2026-11-07
- **Apply:** https://job-boards.greenhouse.io/quberesearchandtechnologies/jobs/8597152002

## Job description

Qube Research & Technologies (QRT) is a global quantitative and systematic investment manager, operating in all liquid asset classes across the world. We are a technology and data driven group implementing a scientific approach to investing. Combining data, research, technology, and trading expertise has shaped our collaborative mindset, which enables us to solve the most complex challenges. QRT’s culture of innovation continuously drives our ambition to deliver high quality returns for our investors.

Join our global Market Data Services team as a Business Analyst, supporting change across our global market data environment. Reporting to the Global Head of Market Data Services, you will work with business and technology teams to define requirements, assess impacts and coordinate changes to data, systems and workflows through to implementation.

Your future role within QRT:

- Work with business, MDS, Technology and other relevant teams to understand change requests, their context, constraints and intended outcomes.
- Translate broad or ambiguous requests into clear, structured requirements, functional specifications and acceptance criteria.
- Consolidate requirements across business areas and systems, identifying common needs, challenging unnecessary variation and recommending practical, scalable solutions.
- Analyse the end-to-end impact of proposed changes across market data systems, Technology platforms, operational workflows and downstream users.
- Map current and future processes, data flows, interfaces, dependencies and ownership to support effective delivery.
- Support market data change driven by business demand, vendors, exchanges, Technology and wider firm initiatives, including onboarding, feed migrations and platform changes.
- Work closely with the MDS Real-Time team to ensure proposed changes are practical and aligned with existing processes and controls.
- Coordinate requirements across teams and platforms, resolving gaps and ensuring stakeholders understand the agreed scope and responsibilities.
- Support testing and validation against agreed requirements and acceptance criteria, maintaining clarity from initial request through to implementation.
- Provide proportionate project management where needed, coordinating actions, owners, dependencies and timelines to keep delivery moving.

Your present skillset:

- 5+ years of Market Data Business Analysis experience gained within financial services, ideally at a high-frequency trading firm, proprietary trading firm, hedge fund, other buy-side firm or investment bank, with proven experience delivering market data change.
- Experience delivering change involving market data, exchange data or financial data platforms, from initial requirements gathering through to implementation and validation.
- Demonstrable ability to translate broad or ambiguous requests into clear functional requirements, process flows and testable acceptance criteria.
- Experience analysing complex data flows, systems, interfaces and dependencies, with an understanding of how changes affect operational workflows and downstream users.
- Strong experience working across operational teams, end users, senior stakeholders and Technology, adapting discussions to different audiences and levels of technical detail.
- Ability to consolidate requirements from multiple business areas, reconcile different perspectives and establish a coherent, agreed scope.
- Confidence to challenge assumptions and unnecessary variation, identify common requirements and recommend practical, efficient and scalable approaches.
- Strong stakeholder management and communication skills, with the ability to clarify ownership, resolve gaps and maintain alignment throughout delivery.
- Comfortable taking proportionate project management responsibility for cross-functional change, coordinating actions, dependencies and timelines while maintaining focus on the Business Analysis remit.
- Good understanding of how market data is sourced, distributed, permissioned and consumed within a financial institution.

QRT is an equal opportunity employer. We welcome diversity as essential to our success. QRT empowers employees to work openly and respectfully to achieve collective success. In addition to professional achievement, we are offering initiatives and programs to enable employees achieve a healthy work-life balance.

## About Qube Research & Technologies

## Company Overview
- **One-liner**: Qube Research & Technologies (QRT) is a global quantitative and systematic investment manager that deploys data, research, and technology to execute multi-strategy trading across all asset classes.
- **Entity Type**: Private (Privately Held)
- **Headquarters**: London, United Kingdom
- **Founded**: 2018 (spun off from a systematic trading team at Credit Suisse, with roots tracing to 2016)
- **Founders**: Not publicly disclosed (spun out of Credit Suisse's systematic trading team)

## Core Business
- **Primary industry**: Financial Services / Quantitative Hedge Fund / Systematic Investment Management
- **Target customers**: Institutional investors (pension funds, sovereign wealth funds, endowments, and other large allocators)
- **Mission/purpose**: To combine data, research, technology, and trading expertise to solve complex challenges and deliver high-quality returns for investors.

## Products & Services
- **Multi-Strategy Investment Management**: QRT deploys a diverse range of investment strategies across geographies, asset classes (equities, fixed income, FX, commodities, crypto), and time frames (high-frequency to long-term). They operate as a systematic, data-driven hedge fund.
- **Quantitative Research & Technology Platform**: The firm's core offering is its proprietary technology and research platform, which enables quantitative researchers, data scientists, and software engineers to develop and execute trading models at scale.

## Market Standing
- **Valuation/Market Cap**: Not disclosed (privately held)
- **Key Metric**: Total Funding: Not applicable (privately held, profitable firm). **Assets Under Management (AUM)**: Added $4bn in AUM between the start of 2024 and May 2024, returning 22% from January to April 2024 according to reports.
- **Notable Investors/Partners**: Institutional investors (pension funds, sovereign wealth funds, endowments). Spun off from Credit Suisse's systematic trading team.
- **Growth Signals**: Headcount grew **+56.4% YoY** to 1,787 employees. Expanded to 16 offices across 24 countries (including new offices in Dubai, Chicago, and New York). Over 100 active job openings. AUM grew significantly in 2024.

## Competitive Advantages
- **Data & Technology Moat**: Combines proprietary research, massive datasets, and advanced technology (including machine learning, low-latency C++/FPGA systems, and cloud infrastructure) to generate alpha across all asset classes and timeframes.
- **Multi-Strategy, Multi-Asset Diversification**: Operates across geographies, asset classes, and time horizons, reducing single-strategy risk and allowing capital to flow to the best opportunities.
- **Talent Density & Culture**: Rapidly hires top talent from competitors (Goldman Sachs, Citadel, Millennium, Credit Suisse) and top universities. A young, high-performance culture with 74% of staff aged 40 or under.
- **Compensation Model**: Over 40% of staff are part of a deferred compensation plan with exposure to fund performance, aligning employee incentives directly with investor returns.

## Strategic Focus
- **Aggressive Global Expansion**: Rapidly scaling headcount (+56% YoY) and opening new offices in key financial hubs (Dubai, Chicago, New York, Singapore, Hong Kong).
- **Technology & Infrastructure Investment**: Heavy investment in low-latency trading systems, FPGA engineering, cloud infrastructure, and data platforms (Snowflake, Python, C++, C#).
- **Talent Acquisition**: Prioritizing hiring top quantitative researchers, software engineers, data scientists, and traders from competitors and top universities. Over 100 open roles globally.
- **Crypto & New Asset Classes**: Actively building a crypto trading team and expanding into new asset classes and geographies.

## Why Work Here
- **Compensation & Career Growth**: Highly competitive pay. Interns can earn around $12k per month. Over 40% of staff are in a deferred compensation plan with exposure to fund performance. Glassdoor rating of 4.1/5.0, with compensation (4.0) and career opportunities (4.1) as top highlights.
- **Culture & Demographics**: Young, high-performance culture (74% of staff aged 40 or under, 38% aged 30 or under). 90% of staff reported good team morale in an internal survey. Described as a "fertile ground for experimental research."
- **Work Environment**: Hybrid/office-based depending on role and location. Offices in London (HQ), Paris, Hong Kong, Singapore, New York, Chicago, Dubai, Mumbai, Geneva, and more. New London office in Victoria.
- **Notable Perks**: Deferred compensation plan with fund performance exposure. Interns can earn around $12k per month. Strong focus on work-life balance initiatives.
- **Engineering Culture**: Heavy emphasis on technology (Python, C++, C#, Snowflake, FPGA, low-latency systems, MLflow, Kubernetes). 22% of staff are in Research roles, 6% in Technical roles. Strong support for coding initiatives and academic projects in maths and science.

## Sources
1. [qube-rt.com](https://www.qube-rt.com/)
2. [LinkedIn](https://www.linkedin.com/company/qube-rt)
3. [efinancialcareers-canada.com](https://www.efinancialcareers-canada.com/news/qube-research-and-technologies-hiring-and-culture)
4. [Greenhouse Job Board](http://job-boards.greenhouse.io/quberesearchandtechnologies?page=2)
5. [Careers Page](https://www.qube-rt.com/careers)

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