Broadway Technology, a leading provider of high-performance fixed income and foreign exchange front-office solutions, has hired 10 developers and consultants into its rigorous and highly-competitive ‘Dojo’ training program. e-Forex asked Raphie Nissan, Senior Consultant at the firm to tell us more about this.
When was your ‘Dojo’ training program launched and how are the participants selected?
The Dojo program was first launched in 2012 and has produced 61 graduates during the eight years since its inception. Our applicant pool of prospective ‘Dojos’ consists of soon-to-be college graduates from around the globe. Participants are selected through a rigorous interview process conducted between July and November. During the interview process, candidates must demonstrate that they possess the qualities necessary to succeed at Broadway, including the ability to overcome obstacles on their own by questioning assumptions and thinking outside the box. They also need to match Broadway’s casual, friendly and collaborative culture.
How long does the program last and what is it designed to do?
The entire program lasts around four months, consisting of 3 weeks of daily classes, 2-4 weeks of practical exercises, and the Dojo Project, which lasts around 3 months. The classes cover a wide range of both software and finance concepts to equip the Dojos with the knowledge necessary to succeed at Broadway. We complement the class instruction with practical exercises to give concrete meaning to the concepts learned in the classroom.
After the instruction portion of the program, the entire Dojo class works together on a three month project to create a brand new Broadway product. By the end of the program, the Dojo participants have not only acquired an immense amount of domain specific knowledge and honed their software development skills, they have also delivered a product to the company that will be instrumental in Broadway’s growth and success.
Why has the program proved so successful and what makes it so attractive for so many talented people?
The Dojo program thrives due to our company’s collaborative culture. Our training program includes over 50 presentations from different experts within the company. While working on the Dojo Project, participants are encouraged to reach out to domain experts in the company to discuss their implementation plans and receive technical guidance. The Dojo’s questions are always met with both clear and insightful answers, and great enthusiasm to assist in solving their problems. Each Dojo class is assigned ‘Dojo Masters’ who mentor the new grads towards success, giving them the freedom to learn and grow while always being there to guide them if they falter. The program is attractive because it provides participants with both incredible training and the ability to make an immediate impact on some of Broadway’s most important work. We provide our new hires with everything they need to know about software development in the context of finance and then enable them to utilize these skills to build our newest products.
In what ways has the program helped Broadway Technology to expand into new markets and build new business relationships with financial institutions?
Each year the Dojo class works on a new product for Broadway. There are no pet projects or experiments – we train our employees so that they feel empowered to own product growth for the business, while deploying Dojo Masters and Broadway ‘Subject Matter Experts’ to ensure quality is maintained and all objectives are realized. For example, the 2016 Dojo Project kick-started Broadway’s expansion into European Fixed Income, and in 2017 the Dojo Project expanded Broadway’s product offering to APAC Fixed Income. The 2019 Dojo Project is still in progress and under wraps, but will prove to be a valuable addition to the Broadway product suite.