[BangPypers] Wall street may embrace Python

Dhananjay Nene dhananjay.nene at gmail.com
Mon Apr 26 10:18:25 CEST 2010


On Mon, Apr 26, 2010 at 12:02 PM, Anand Balachandran Pillai <
abpillai at gmail.com> wrote:

> On Mon, Apr 26, 2010 at 12:00 PM, Anand Balachandran Pillai <
> abpillai at gmail.com> wrote:
>
> >
> >
> > On Mon, Apr 26, 2010 at 11:52 AM, Noufal Ibrahim <noufal at gmail.com>
> wrote:
> >
> >> On Mon, Apr 26, 2010 at 11:49 AM, Anand Balachandran Pillai
> >> <abpillai at gmail.com> wrote:
> >> > SEC has found a way to set right those marauding
> >> > bankers on Wall street by considering the use
> >> > of programming languages to specify legal requirements.
> >> > And the language of choice ? - Python!
> >> >
> >> >
> >>
> http://yro.slashdot.org/story/10/04/19/2114251/SEC-Proposes-Wall-Street-Transparency-Via-Python
> >> >
> >> > If this becomes law, then I suppose there will be
>

Whoa! what becomes law ? From what i can understand it primarily refers to
the preferred mechanism of documenting complex waterfall provisions, in
fiscal projections.

>> > lot of Python programmer openings in wall street and
> >> > could also create Python jobs in the services sector
> >> > here once these requirements gets outsourced (which
> >> > they will). Folks, prepare your CVs! :-)[..]
>

For what ? Are we getting far too ahead of ourselves. Any ballpark
quantification of "lot of Python programmer openings" ? This is in the field
of fiscal modeling, not actual business applications (to the extent that
they are often but not necessarily distinct

>>
> >> Apart from the job creation and stuff, it'd be an interesting project
> >> to make a programming language that's used to specify legal
> >> requirements. If it takes off, the entire 'business rules' setup I
> >> imagine will be affected.
> >>
>
> I don't see a normal business transaction processing runtime getting
influenced particularly. Python is a candidate for replacing what otherwise
is likely to be done through excel spreadsheets and then resummarised using
English.


> >
> >  If you don't think that as a huge business opportunity, I wonder
> >  what kind of Python consultant you are ;-)
> >
>
>  Tweeters, please tweet this if you already haven't. Let us drive
>  some traffic to python dot org which apparently is already
>  seeing increased traffic since this hit /. (The "Slashdot effect" maybe ?)
>
>  I see this as a good boost for the language's popularity, if nothing
>  else.
>
>
Are we getting way ahead by reading too much into this ?

-- 
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