Investment manager migrating legacy finance and HR systems to cloud platforms
Federated Hermes runs a sprawling tech estate anchored in Oracle (ERP, Reports, Cloud) and PeopleSoft, now actively replacing PeopleSoft with Oracle Cloud HCM while migrating on-premises applications to Azure. The hiring mix is finance-dominant (23 finance roles vs. 5 engineering), reflecting an organization scaling operations and compliance functions rather than product velocity—a pattern consistent with their top pain points: legacy system support, data migration, and HCM implementation.
Federated Hermes is a publicly traded investment manager based in Pittsburgh, PA, founded in 1955. The firm offers equity, international, fixed-income, alternative, and money-market strategies to institutional and individual investors globally. With 1,001–5,000 employees, the organization operates across investment management, sales, operations, and technology functions. Core projects center on modernizing backend systems (Oracle Cloud HCM, Azure migration, ERP implementation) and improving operational analytics (client data aggregation, quantitative fund screening).
Oracle (ERP, Cloud, Reports), PeopleSoft, Azure, Databricks, Python, Excel, Power BI, Salesforce, Bloomberg, and Windows Server infrastructure. The firm is actively replacing PeopleSoft with Oracle Cloud HCM and migrating applications to Azure.
Yes, but at modest scale: 5 active engineering roles out of 63 total open positions. Finance roles dominate hiring (23), followed by sales (9). All hiring is currently in the United States.
Major initiatives include Oracle Cloud HCM implementation, ERP system rollout, Azure cloud migration, client data aggregation for asset-class utilization analysis, quantitative fund screening, and content governance for ETF marketing programs.
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