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> The entire financial sector runs on Java No, it doesn't. Sure, you'll find a good amount of Java, but it will likely be C++ anywhere that's really latency se
by hermitdev 8y ago
> The entire financial sector runs on Java
No, it doesn't. Sure, you'll find a good amount of Java, but it will likely be C++ anywhere that's really latency sensitive. C# is also heavily used for front end GUIs now. F# is growing as well, and the quants (and others) love Python.
In my experience in finance, Java is now legacy. It was a fun experiment and had a good go, but it's now withering away.
Source: 15 years in financial development, mostly hedge funds, across 4 firms, and having interviewed with dozens of others.
Only place I've worked at doing active Java development was a startup CRM SaaS targeting the financial space. Coincidentally, the only Oracle shop ive worked at.
- pron 8y agoI think you are talking about a small sector of finance (trading, especially HFT?). The lion's share of software in finance is software used by large banks, insurance companies, etc. -- not hedge funds -- where Java is dominant (even in new projects).