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My preferable alternative would not be to use a totally different toolchain for prototyping and production, and making the people responsible for the prototype
by dtech 7y ago
My preferable alternative would not be to use a totally different toolchain for prototyping and production, and making the people responsible for the prototype also responsible for bringing it to production.
I've heard all kinds of arguments against it, but they mostly boil down to "data scientists/analysts/whatever" can't be arsed to bring it to production (or "do not have the right skill set") and vice-versa for software developers.
I've seen much more success with a developer and less-technical person working closely in a team and bringing a project from prototype to production together.
- mruts 7y agoA lot of the time, you’d just be wasting the developers time. In finance the research quants are going to have to test and explore dozens of ideas before even one is suitable enough to actually deploy in production. It doesn’t make sense for the quant and developer to work closely together in C++ or whatever when there’s a high likelihood that the trading idea doesn’t work in the first place. Also, the quant often isn’t good enough at computer science to actually develop a production system himself. And even if he was good enough, it isn’t his comparative advantage so he probably should be focusing on research.