bengaluru hedge funds are increasingly hiring technologists in india with a focus on data scientists and data engineers new yorkbased hedge fund millennium management which manages assets over 58 billion has 30 roles open in bengaluru for technology roles including data engineer to work on the fixed income and commodities team involved in categorising cataloguing cleansing and normalising datasetsde shaw which manages more than 60 billion in assets has opened new offices in bengaluru and gurugram with over 300 employees de shaw already had an office in hyderabad that continues to be its flagship centre here our talented colleagues in india have helped the firm innovate for more than 25 years said eddie fishman a member of the de shaw groups executive committee the company is also looking for data engineers working in areas of data modelling data pipelines apis storage distribution distributed computation and infrastructure another global investment firm blackrock with 9 trillion of assets under management has about 60 open positions in india across technology risk management and compliance roles sources told toi that top hedge funds in india are offering freshers from premier institutions salaries ranging from rs 40 lakh to rs 1 crore soumendra mohanty chief strategy officer at data science solutions company tredence said hedge funds are building inhouse data teams to analyse external factors including geopolitical situations having an impact on stock and fund performance they are building forecasting capabilities for black swan events he said theres a growing trend he said of many data science professionals joining hedge funds as they want to go deeper into problemsolving detecting anomalies and growing their skills at the cross section of math finance and computer science in millennium management bengalurean sahana athreya was one of the earliest data scientists she joined some six years ago athreya researches alternative datasets to provide investment insights athreya was part of the forbes 30 under 30 last year she was a topper at sir m visvesvaraya institute of technology in the batch of 2014 she then earned a masters degree from nyu stern and another masters degree in financial engineering from worldquant university and went on to work as an adjunct faculty at nyu centre of data science before joining millennium global machine learning think tank rebellion research ranked her among the 2022 top female ai minds h1b data from efinancialcareerscom for 2022 showed millennium has 14 people in its data team and offers an average salary of 105598 around rs 85 lakh