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Take A QuizCareer Talk Work & Career 2 years ago
Posted on 16 Aug 2022, this text provides information on Work & Career related to Career Talk. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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manpreet
Best Answer
2 years ago
Python is used as a Technology Choice for Fintech. Financial services needs a programming language that is easy to handle, scalable, mature, high-performance and coupled with ready-made libraries and components. Python is an ideal programming language for the financial industry. Widespread across the investment banking and hedge fund industries, banks are using Python to solve quantitative problems for pricing, trade management, and risk management platforms. Python also seems to have answers to most challenges raised by the financial industry when looking at analytics, regulation, compliance, and data, which are made easy by the abundance of supporting libraries. It is used in many application domains like Web and Internet Development Scientific and Numeric Education Desktop GUIs Software Development SciPy - a collection of packages for mathematics, science, and engineering. Pandas is a data analysis and modeling library. IPython - a powerful interactive shell that features easy editing and recording of a work session, and supports visualizations and parallel computing. Reasons why Python is recommended - Readability, Scalability, Community.