Gold

Since the summer of 2006, I have been fortunate to hold a paid internship at Northfield Information Services – mainly due to the face that the President Dan diBartolomeo is an extremely close family friend.  Besides running and owning the a market leading risk modelling firm, Dan diBartolomeo also provided the mathematical calculations for Harry Markopolos testimony, revealing Bernie Madoff’s Ponzi scheme.

Dan diBartolomeo

“Northfield is a market leader in providing investment professionals analytical and operating efficiency tools to enhance individual portfolio and firm-wide performance.

Founded in 1985, Northfield has developed open, analytical models to identify, measure and control risk. These risk models cover most marketable securities traded world-wide. Based upon sound investment theory, Northfield’s products and services have stood the test of time from users within the global institutional investment community.”

Throughout my experience at Northfield, Dan has taught me so much about the world of finance.  Originally, I was just the office errand runner.  I would deposit checks, get coffee, copy data and information to disks, nothing theoretical – purely technical.  During my second and third years, I was exposed to REITS and the NIS Global Equity Risk Model creating various Excel notebooks, running single and multi variate regressions – still nothing theoretical and only technical.  This summer I will be “graduating” to a different level of risk modelling.  I am beyond excited to say the least (Im not a loser – I think at least) that he will be taking me under his wing for the fourth summer in a row.  This year I will be taught Visual Basic, Visual Basic for Applications, and other programming Macros.  Although my work will still be for the most part technical, I will be able to take away more from my work in a theoretical aspect.  In order to write these programs, I will need to gain a better understanding of how each model works.