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Parallel Partners

IT recruiting firm placing technology professionals in permanent roles for financial services and trading firms, including hedge funds and investment banks, since 1995.

Parallel Partners is an IT recruiting firm that places information technology professionals in permanent (direct hire) positions, with a focus on technical roles in the financial services and trading industries. The firm has been placing IT professionals since 1995 and is headquartered in the Chicago area, operating across the United States.

The company concentrates on a defined set of technical domains, including high-frequency trading systems, quantitative and algorithmic trading, financial engineering, risk management and open source software. Its clients span hedge funds, proprietary trading firms, investment banks, online brokerages, market data providers and trading software vendors, with mandates covering fixed income, foreign exchange, equities and derivatives. It works with both Fortune 500 companies and emerging technology firms.

Parallel Partners was acquired by Next Step Systems in 2014, expanding its technology resources and candidate base. The firm reports that 90% of its business comes from repeat clients.

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