Quant firms don't spend millions on what is just "a fancy calculator". It's more than that. It's a high performance combination of programming language and data

Quant firms don't spend millions on what is just "a fancy calculator". It's more than that. It's a high performance combination of programming language and database that are tightly integrated together and more than the sum of their parts. I wouldn't want to write generic software in it, but it's pretty powerful for analysis.