Python is becoming increasingly important for technology providers in the financial services industry. Andy Fundinger, Senior Consultant at Risk Focus, gives his perspective on the unique challenges and benefits of Python in this Waters Technology feature.
“Performance in Python or anywhere else is a very peculiar subject. If you put a superior developer and tell them to optimize the living daylights out of something, they’re probably going to create something that’s pretty fast,” Fundinger said.
“If you’re talking about true, algorithmic institutional trading, pretty fast isn’t anywhere near good enough. But if you’re concerned about performance and you’re also concerned about development times, and you’re not turning milliseconds into millions of dollars, then the story is much more interesting because you can get a Python developer to apply some common sense.”