[Remote] Backend Engineer at Databento

Remote

Databento Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Financial Services, API Development, BiotechnologyIndustries

Skills

Key technologies and capabilities for this role

PythonWeb Backend DevelopmentAPI DesignRESTGraphQLRPCProduct EngineeringLinuxCC++RustDockerDocker SwarmKubernetesCI/CDGitLab CITeamCitySpinnakerDatabase DesignMySQLRedisClickHouseFinancial DataTime Series DataMachine-Readable NewsAnalytics

Databento

Self-service platform for market data access

About Databento

Databento provides a self-service platform that allows users to access market data quickly and easily. Users can obtain live exchange feeds and large amounts of historical data, only paying for what they actually use. This flexibility makes it suitable for a wide range of clients, from large financial institutions to small startups. Unlike many competitors, Databento operates on a pay-as-you-go model, which helps users manage costs effectively. The company's goal is to streamline the process of accessing market data, making it more efficient and affordable for all types of users.

Boston, MassachusettsHeadquarters
2019Year Founded
$64.3MTotal Funding
SERIES_ACompany Stage
Fintech, Financial ServicesIndustries
11-50Employees

Benefits

Health Insurance
Dental Insurance
Life Insurance
Disability Insurance
401(k) Company Match
Remote Work Options

Risks

Upcoming pricing changes in 2025 may lead to customer dissatisfaction.
Increased competition from established providers like Bloomberg and Refinitiv.
Free public time services could increase operational costs without direct revenue benefits.

Differentiation

Databento offers a unique self-service model for financial market data access.
The company provides zero license fee US equities bundles, a first in the industry.
Databento's colocation in trading venues ensures low-latency, high-fidelity data capture.

Upsides

Databento's pay-as-you-go model aligns with the trend towards transparent pricing.
The launch of zero license fee bundles could increase Databento's market share.
Growing demand for low-latency data services benefits Databento's offerings.

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