Introducing Ethan Richert, Intern at Born TechnologyJessica Darmoni
Born Technology is a team of experts at the center of markets and technology. We are committed to finding better ways to tackle the toughest technology challenges facing institutional trading firms today. We are dedicated, innovative and experienced in capital markets as well as financial technology.
This summer we would like to introduce you to the people at Born Technology. They are building and supporting the reliable, flexible and unprecedented solutions that connect you to the marketplace. We invite you to learn more about our team of specialists beginning with Ethan Richert.
1. What is your name, title, and responsibilities at Born Technology?
My name is Ethan Richert, and I am a summer intern at Born Technology. I’m currently a high school student at Homewood-Flossmoor High School in the south suburbs of Chicago. I will be entering my senior year this coming August. As of now, I’m undecided when it comes to a college, although currently, I’m interested in attending the California Institute of Technology in Pasadena. I have been working with enterprise IT infrastructure for several years via remote and on-site freelance. I assist the IT Engineers with daily tasks and research and development. Recently I have been working on helping develop and test a new system to centralize and analyze application logs, taking millions of lines of records and analyzing them for any anomalies or errors. If the system proves to be useful, it could have a significant impact on the efficiency of the entire team. It allows specific issues to be directed to the correct people, as well as instant notifications as problems occur, and not after.
2. How does your work impact the company’s offering?
I help research new software and technology which is eventually implemented in Born Technology’s infrastructure. Most of my impact is on the backend, allowing IT Engineers to more effectively manage and diagnose possible issues with any customer support around the globe. I do not have a significant impact on the day-to-day operation as I mainly work with technology that is in development for possible future deployment into production infrastructure. Although in the future the projects I’m currently working on could have a substantial impact on the workflow at Born.
3. What is the best part of your job?
The best part of my job is learning everything I can about the derivative and commodity industries while applying my technology skills. It’s an excellent way for me to combine my passion for new technologies with my interest in business and financial markets. I love trying to solve the most complex technical issues through research, testing and finally implementation.
4. What is the most challenging part of your job?
The most challenging part of my job is learning how the derivatives industry functions while working with all of the infrastructure Born provides to serve its customers. I have to learn many things on the fly, and there is no room for error, although I enjoy the challenge and learning as I go. My colleagues have been very helpful in teaching me how everything operates while taking my input and opinions on how I think Born could be more efficient and cost-effective.
5. What was your first job?
I have done freelance IT work both in person and remote for several small businesses, as well as some Datacenter work over the past year for a Content Delivery Network (CDN) out of Canada. My previous work has allowed me to have an extensive range of experiences working with numerous new IT technologies in different environments. My Internship at Born Technologies has been my first full-time job.
6. What are some of the most pressing challenges facing the trading industry today?
The accelerated development of different technologies such as deep learning and quantum computing pose a challenge for the industry. Once those technologies are advanced to a certain point, I believe there will be a significant shift in the way the markets operate, as trading algorithms will ultimately replace all manual trading entirely. It will be interesting to see how trading patterns change over the next several years as these new technologies are further integrated.
7. Do you have any siblings and where do you fit into the chronological order?
I have a brother who is three years younger than I am. He does not have much interest in the derivatives industry sadly, although I’ll give him a few years to change his mind. He’s mostly interested in the arts, both visual and performing. He plays bass guitar in a small band in my hometown south of Chicago.
8. What is your favorite sports team?
I have minimal interest in major sports such as baseball or football, but I recently started playing water polo this past year, and my favorite sports team is the UCLA Men’s Water Polo Team.
9. Do you have any pets?
I have two dogs, Abby and Oscar. They’re siblings, and we’ve had them since they were six-months-old. In addition to the family dogs, I have a leopard gecko named Stevie whom I’ve had for four years now. We’ve had her since she was a few months old.