Parallel Partners is an IT recruiting firm that places information technology professionals in permanent, direct-hire positions. Founded in 1995 and headquartered in the Chicago area, the firm operates nationwide across the United States and specializes in technical talent for the financial services and trading industries. Its areas of technical focus include high-frequency trading systems, quantitative and algorithmic trading, financial engineering, risk management and open source software.
The firm works across fixed income, foreign exchange, equities and derivatives markets, serving clients ranging from Fortune 500 companies to emerging technology firms. Its client base spans hedge funds, proprietary trading firms, investment banks, online brokerages, market data providers and trading software product vendors. Parallel Partners reports a 90% repeat business rate.
Services consist of permanent placement of information technology professionals for organisations seeking top-tier technical talent. In 2014 the company was acquired by Next Step Systems, expanding its technology resources and candidate base.
