
well, I generally read more than post on the list, but being in investment banking ( for 20 years), this one is too hard to resist... The kind of job these guys do is highly mathematical ( quantitative analysis) as opposed to traditional banking or Back Offices where th job is (not so clever) record crunching... buying software packge also make little sense for them, because the very nature of the job is to develop new models to play around market inefficiencies, or just against competitors models... if everybody would have the same ( model, package), they would be out of business... time to market is key, reliability too , and the kind of guy they hire ( quant analyst) have the brain to learn new languages , so this is not the same problem as turning an army of cobolist into java. also, the very expressive nature of functiunal programming blends very wells with maths, better than record crunching... if you add on top grid computing and parralelism... ( monte carlo is not only a casino in the south of france. for these guys...) so they are small elite teams..that fits well with visionary products... do not expect it to be a lead to mass expansion for tommorow, these people are already living in a ivory tower compared to their peers retail-bankers... -- View this message in context: http://www.nabble.com/Why-are-OCaml-and-Haskell-being-used-at-these-companie... Sent from the Haskell - Haskell-Cafe mailing list archive at Nabble.com.