Morgan Stanley just made an important new hire from Goldman Sachs. The U.S. bank hired a Goldman technologists who specializes in high-performance, low-latency software solutions.
Wojciech Kudla has just joined Morgan Stanley as a high-performance systems specialist for institutional securities in its London office. He will be working on high-performance systems engineered for ultra-low latency algorithmic trading technology at the U.S. bank. A low latency environment helps traders minimize the time it takes between deciding to execute a transaction and that transaction reaching the market. With the advent of big data, cloud, artificial intelligence, and 5G, new avenues for low latency trading have opened up.
Prior to joining Morgan Stanley, Kudla spent less than two years as executive director at Goldman Sachs, where he worked in systematic market making for fixed income, currencies and commodities. A specialist in low latency trading, Kudla seems to have been in high demand for most of his career. – In the last seven and a half years, he has changed jobs eight times and has worked in low latency trading for Nomura, HSBC, Goldman Sachs and now Morgan Stanley.
It’s unusual for finance professionals to change jobs late in the year as banks typically don’t like recruiting close to bonus time because they will need to compensate new recruits for the loss of a whole year’s bonus at their previous employer. Morgan Stanley clearly thought that Kudla’s bonus was worth buying out.
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