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#clojure-nl
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2017-04-14
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thomas07:04:00

@fernandohur my guess is that fintech is all about speed (both delivery speed and runtime speed) and anything that gives you an edge is worth paying for.

thomas07:04:40

and fintech is about often about risk anyway... so maybe the risk mindset if people in fintech is different from other groups.

thomas07:04:36

please note that these are wild guesses/assumptions and have scientific basis what so ever.

lmergen07:04:36

as someone who is actually quite familiar with fintech, i can say that anything that requires speed is not at all ran on the JVM

lmergen07:04:51

it’s mostly c/c++ or FPGAs

lmergen07:04:53

so i personally don’t think there is any special relation between fintech and clojure, except for that they also probably do quite a lot of data science, which is where clojure (might) come into play

fernandohur07:04:49

What about the way state is handled in OOP vs FP. Do you think this makes it particularly interesting? I guess correctness is very valuable in companies where bugs can easily translate to $$$

lmergen07:04:30

Standard Chartered is quite famous for having developed their own static dialect of Haskell (called Mu), and they use it as a macro language inside Excel

lmergen07:04:54

however, fintech is extremely broad

lmergen07:04:06

and have very different requirements

lmergen07:04:19

you have HFT/MFT, which is all about speed

lmergen07:04:39

and then you have risk simulations, which is all about correctness and storage speed

lmergen07:04:54

and then you have reporting… etc etc etc

lmergen07:04:19

https://www.optiver.com/eu/en/job-opportunities example of a dutch company that’s very active in trading — job openings are usually a good indicator for what tech they use

lmergen07:04:23

good discussion about how SC uses haskell