Python is rapidly becoming the world’s most popular programming language and its versatility and ease of use has enabled it to achieve widespread adoption in finance, becoming the multipurpose tool of choice for quantitative analysts and other financial technologists.
So, why is there so much buzz around Python? Is it really justified? And, more importantly, what are the risks to consider when working with this popular programming language? In this Risk.net article, Christian Kahl, PhD, FINCAD Director and Head of Client Services, weighs in.