Many companies are leveraging this power by building their applications utilizing MongoDb, Express, AngularJs and Node.js, otherwise known as MEAN stack. Some of the advantages of MEAN stack are:
- One language for front-end and back-end development.
- Operating system flexibility.
- Supports the MVC (Model View Controller) architecture.
- Open source components.
- Gets projects off the ground quickly and painlessly.
The division between client-side (AngularJs) and server-side (Node.js) development still exists, as each requires its own skillset and expertise. To improve programming efficiency, firms should invest in developers versed in both front and back-end code.
It’s increasingly clear why MEAN stack has gained so much popularity and serious consideration when building applications. MEAN has been particularly popular where a premium is placed on being first to market with limited resources, such as startups and large ecommerce companies.
In this era of web 2.0, speed is critical across industries, and the Capital Markets are no exception. I can see this trend carrying into the financial industry as more FinTech companies look to tackle old problems with a new approach.
– Jay Aguilar, Senior Consultant