Product Manager, Market Data

Summary:

The Product Manager, Market Data will be a credible, experienced product professional with excellent communication skills. They should have strong knowledge of market and reference data, with a keen interest in how data quality and coverage shape what clients can do with Cassini. They will decide what problem the Market Data team solves, for whom and why, collaborating closely with engineers, internal teams and clients.

The Market Data area covers every vendor, exchange and clearing house connection. It also covers the data platform product.

The Product Manager, Market Data will report to the Head of Product.

About us:

Step into the future with Cassini. Founded in 2014, we are the established, core utility provider of analytics and optimization tools built for the derivatives industry. From London to New York, Sydney to Singapore, hedge funds, asset managers, and banks worldwide rely on our solutions.

Our award-winning platform empowers clients to reduce margin, optimize collateral, and enhance their liquidity risk framework, delivering real-time, front-to-back analytics on the full cost of derivatives trading.

What sets us apart?

• Recognised as 'Best Derivatives Tech Provider' and 'Analytics Leader'
• Global impact with a rapidly expanding footprint
• Analytics provider to the largest asset managers in the world
• Enterprise-grade security (ISO 27001 & SOC-2)
• Seamless integration with OMS, EMS, and collateral systems

At Cassini, our client focus drives everything we do. We're a collaborative, energetic team transforming how the financial world manages their liquidity risk. With challenging projects, continuous learning opportunities, and cutting-edge technology, we empower our employees to grow their skills and reach their full potential every day.

Role:

Product:

• Own the product roadmap for the Market Data area and decide the order of work within it.
• Decide which problems the team solves, for which clients and why, and what is out of scope.
• Write clear requirements for each feature: the problem, who has it and what success looks like.
• Agree each specification with engineers, business analysts and test engineers before build starts, and confirm that the finished feature meets the original intent.
• Explore new or unclear ideas using AI tools before they go to the engineering team.
• Assess the commercial impact of each feature, and flag when a change creates a new module or changes an existing one.
• Keep documentation of what the Market Data modules cover up to date.
• Own the data coverage and vendor plan with the Head of Product, covering venues, clearing houses and asset classes against the roadmap.
• Find data coverage gaps before they block a client onboarding, and raise each gap with the roadmap item it blocks.
• Confirm data lead times before any roadmap date is committed, as the Margin Calculators and Analytics teams depend on this team for data.
• Publish the data quality standard.
• Own the data platform product, rather than running daily data operations.

Client-Facing:

• Explain how the data connections and the data platform behave, in plain words, to Relationship Managers, Sales and Support.
• Hold a regular weekly slot for support questions, and help Support classify and resolve issues in the Market Data area.
• Identify client challenges and translate them into potential future Cassini solutions.

Tech Stack:

We work with an exciting, modern stack built for scale, reliability, and productivity. To be successful in this role, you'll need solid experience with some of the core tools, platforms, and technologies we work with:

• Jira, Confluence and the agile workflow
• Figma, Lucid and other wireframing tools
• Generative AI tools

A basic understanding of our technology stack is also helpful, although not essential:

• SQL databases
• AWS infrastructure
• Python
• APIs / SFTP

Required Qualifications, Skills & Experience:

A successful candidate will have the following:

• Sound knowledge of market and reference data.
• Experience with market data vendors, licensing and data quality (preferred).
• Experience with derivatives margin and collateral, such as SIMM, SPAN or clearing house margin (preferred).
• Experience with AI-assisted development or specification-led delivery (preferred).
• Working knowledge of Jira, Confluence and agile workflow.
• Working knowledge of generative AI tools, including Claude and Cursor.
• Working knowledge of APIs, databases and SFTPs.

Preferred Qualifications, Skills & Experience:

• At least five years of product management experience in B2B software, with some in financial services.
• Strong analytical and problem-solving skills, with a customer-first mindset.
• Exceptional written and interpersonal communication skills, with the ability to explain how a module behaves to both technical and non-technical colleagues and clients.
• The ability to write a short, clear statement of a problem and its success measure, and to make and record scope decisions and explain them.
• Sound commercial judgement, with the ability to link a feature to what a client pays for.
• Excellent teamwork skills, with the ability to collaborate effectively across global teams and time zones.

Benefits:

We offer a competitive and rewarding compensation package, including:

• Competitive CTC salary based on experience and role fit
• Bonus:
  • Retention Bonus: One month's salary, payable upon successful completion of the six-month probation period.
  • Annual Discretionary Performance Bonus, subject to end of year performance review
• Health & Wellness Insurance
• Life Insurance
• AD&D Insurance
• Meal Benefits
• Learning & Development: Training, accreditation, and other development opportunities relevant to your role and career growth.
• Enhanced Leave Policy: 18 days Leave plus an extra day of annual leave for each year of service, up to 5 additional days.