Welcome!

News Feed Item

Addepar Hosts Record-Breaking Coding Contest with HackerRank: 3,800 Programmers Worldwide Participate in Hackathon Designed by World’s Top Competitive Coders

Addepar, a technology company innovating at the core of the $120 trillion investment management industry, recently paired with HackerRank to co-host an 8-hour global Hackathon. The contest, held June 27th-28th, had a record-breaking 3,800 programmers compete from around the globe, with former world champions Johnny Ho and Gennady Korotkevich among the top participants.

A team of internationally ranked competitive programmers at Addepar — including VP of Engineering Vladimir Novakovski, and software engineers Sreenath Are, Eugene Chen, Alexandr Wang, and Scott Wu — crafted the eight contest challenges in advance. Of the eight challenges, six had exact answers, while the remaining two had no perfect answer, which required contestants to create the best possible solution they could imagine.

A competitor from Latvia, Alexey Zayakin, won first prize by scoring a total 786 points. Zayakin will travel to Mountain View this month to visit the Addepar team and have dinner with Joe Lonsdale, Addepar’s co-Founder and Executive Chairman of the Board. Over 40 top-ranking programmers, including Zayakin, are in talks with Addepar about software engineering roles in connection with this contest.

“Addepar is proud to challenge some of the world’s best coders to solve the most foundational technology problems in finance,” said Addepar CEO Eric Poirier. “Our entire team shares a passion for bringing Silicon Valley innovation to this critically important market. We empower the smartest and most demanding investors to make informed, data-driven decisions at scale using technology that just works. This HackerRank contest helped us share our mission globally, and connect with many gifted engineers who have what it takes to make a huge impact.”

Immediately following the HackerRank contest, Addepar’s own Scott Wu traveled to Taiwan, where he won “Absolute First Place” in the 26th International Olympiad in Informatics. Wu achieved full marks in record time, completing the challenges in a total of five hours. Wu is also notably ranked #1 in the United States in TopCoder and Codeforces, other top competitive programming venues. He joined Addepar and its list of internationally recognized programmers in May 2014 because of the “tough challenges to work on and a strong, friendly community.”

The International Olympiad, officially sponsored by UNESCO, is the academic counterpart to the Olympic Games, and is hosted once a year for informatics, mathematics, physics, chemistry, and other fields. IOI has over 80 countries participating, with each country selecting a team of four pre-college students. In-country competitions are extraordinarily fierce; for example, over 100,000 students compete for the spots in China alone.

Vladimir Novakovski, Addepar VP of Engineering, said, “given our ambitious mission of transforming finance, Addepar’s extraordinary engineers do some of the most exciting and best work of their careers here. We made a point to include finance-specific challenges in the HackerRank contest to give participants a sense for the problems we solve. The resulting level of interest has been remarkable.” Addepar’s world-class engineering team has experienced developers from companies like Facebook, Quora, Palantir, Adobe, Box, EMC, VMware, Goldman Sachs and Credit Suisse, as well as some of the best and brightest up-and-coming engineers.

Addepar delivers the world’s first interactive investment analysis and reporting technology on a future-proof data platform. This unique combination of capabilities replaces decades-old technology systems still used to track and manage some of the largest investment portfolios in the world. Clients include family offices, registered investment advisors (RIAs), foundations and endowments, global advisories, banks, financial services firms and wirehouses. Started by Palantir co-founder Joe Lonsdale, Addepar was founded to bring trust and transparency back to the investment industry. Silicon Valley-based Addepar focuses top software engineers, designers and data experts on solving some of the most fundamental problems in the finance industry, one of the largest and most important sectors in the world.

www.addepar.com

Keep in touch with Addepar

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
The taxi industry never saw Uber coming. Startups are a threat to incumbents like never before, and a major enabler for startups is that they are instantly “cloud ready.” If innovation moves at the pace of IT, then your company is in trouble. Why? Because your data center will not keep up with frenetic pace AWS, Microsoft and Google are rolling out new capabilities In his session at 20th Cloud Expo, Don Browning, VP of Cloud Architecture at Turner, will posit that disruption is inevitable for c...
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
SYS-CON Events announced today that Ocean9will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
Providing the needed data for application development and testing is a huge headache for most organizations. The problems are often the same across companies - speed, quality, cost, and control. Provisioning data can take days or weeks, every time a refresh is required. Using dummy data leads to quality problems. Creating physical copies of large data sets and sending them to distributed teams of developers eats up expensive storage and bandwidth resources. And, all of these copies proliferating...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
In recent years, containers have taken the world by storm. Companies of all sizes and industries have realized the massive benefits of containers, such as unprecedented mobility, higher hardware utilization, and increased flexibility and agility; however, many containers today are non-persistent. Containers without persistence miss out on many benefits, and in many cases simply pass the responsibility of persistence onto other infrastructure, adding additional complexity.
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
Pentaho has announced orchestration capabilities that streamline the entire machine learning workflow and enable teams of data scientists, engineers and analysts to train, tune, test and deploy predictive models. Pentaho’s Data Integration and analytics platform ends the ‘gridlock’ associated with machine learning by enabling smooth team collaboration, maximizing limited data science resources and putting predictive models to work on big data faster – regardless of use case, industry, or languag...
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
SYS-CON Events announced today that Addteq will exhibit at SYS-CON's DevOps Summit at Cloud Expo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Addteq specializes in creating innovative solutions to solve business processes through the use of DevOps automation. Addteq was founded on the firm belief that automation is essential for successful software releases. Addteq's products and services are centered around the fundamental approach of understanding the pr...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.