473,574 Members | 3,070 Online
Bytes | Software Development & Data Engineering Community
+ Post

Home Posts Topics Members FAQ

What are the best programming languages for financial services?

3 New Member
I am a CPA by trade and am looking to learn programming languages that will make it easier to manipulate data for clients and my own firm.

Most data is stored in excel, access or software like intuit quicbooks pro.

What is the best language to learn to work with data from these types of storage?
May 7 '13 #1
3 13585
3,112 Recognized Expert Specialist
What the best language is is relative; it depends on many things like the exact uses, your prior experience and who answers the question. Basically what you want is a language that offers easy communication with the software you're using.

From what I see, QuickBooks offers SDKs (Software Develoments Kits) for Java and .NET, so those are probably good choices. When it comes to Excel and Access, there are tools for both Java and .NET to access those; however as .NET is developed by Microsoft (as are of course Excel and Access) I would imagine that using .NET may be the easiest choice. Not being a .NET user and never having used the Java tools for that kind of stuff, this is however only a guess.

Now, .NET isn't one language but rather a framework that can be used by many languages, specifically designed to work with .NET - there's C#, ASP.NET, F#, VB.NET and many more. (You can check a list here.) This means that you could use any one of those languages for your means.
Which of those languages you choose is dependent on you - do you have any experience in programming? Do you know people who could help you learn a programming language? It's always useful to have someone close by who knows the language, at least a bit. If there's nobody around you could ask, choosing C# is probably the easiest choice simply because it is one of the (if not the) most common .NET languages around and you'll find loads of examples and many helpful people who could aid you while learning it. We even have a C# subforum here in addition to the .NET Framework one.

Now, this is just one of many ways in which you could approach the problem. If you know some Java, use Java. If you like mathematical terms, a functional language like F# might be great for you. If you've used VBA before, maybe go for VB.NET. And if someone tells you "language X is the best, I'll help you learn it" then go for that.
May 15 '13 #2
1 New Member
if you want to learn a programming language just to solve this problem (play with Excel and access data) then i think you should learn a language that doesn't need so much time to learn.
I recommand Java
Excuse my bad english ;)
Jun 11 '13 #3
2 New Member
When it comes to programming languages for financial services, there are several options that are widely used and considered to be highly effective. Some of the best programming languages for financial services include:

Python: Python is known for its simplicity and versatility. It offers a wide range of libraries and frameworks specifically designed for financial analysis, data manipulation, and algorithmic trading. Its readability and extensive community support make it a popular choice for financial applications.

Java: Java is a robust and reliable language commonly used in the financial industry. It offers strong security features, scalability, and excellent performance. Java's object-oriented nature and extensive ecosystem of libraries and tools make it suitable for building complex financial systems.

C++: C++ is known for its high performance and low-level control. It is often used for developing financial software that requires intensive calculations, such as risk management systems and high-frequency trading platforms. C++'s efficiency and ability to directly interface with hardware make it a preferred choice in certain financial domains.

R: R is a language specifically designed for statistical computing and data analysis. It is widely used in financial analytics, econometrics, and risk modeling. R's extensive collection of statistical packages and visualization libraries make it a powerful tool for data-driven financial applications.

SQL: While not a programming language in the traditional sense, Structured Query Language (SQL) is essential for working with databases in the financial industry. SQL is used for querying, managing, and analyzing large volumes of financial data. It is a critical skill for building robust financial systems and performing data-driven decision-making.

For more in-depth information on financial software development and the best programming languages for financial services, I recommend referring to this guide by Cleveroad. This comprehensive resource provides insights into the key technologies and considerations in building financial applications, making it a valuable reference for developers and stakeholders in the financial industry.
May 22 '23 #4

Sign in to post your reply or Sign up for a free account.

Similar topics

by: Roman Suzi | last post by:
;-) Just type into google "best programming language" and press (I am lucky) Sincerely yours, Roman Suzi -- rnd@onego.ru =\= My AI powered by GNU/Linux RedHat 7.3
by: Master Programmer | last post by:
An friend insider told me that VB is to be killled off within 18 months. I guess this makes sence now that C# is here. I believe it and am actualy surprised they ever even included it in VS 2003 in the first place. Anyone else heard about this development? The Master
by: sowmyth | last post by:
hai! can anybody tell me abt the different programming languages ?i mean there r 4 different programming languages-unstructured,structured,modular and oops,i need to know abt their advantages and disadvantages
by: Banfa | last post by:
I felt that this was a good point to start a tutorial on C/C++ programming because clearly we need to have some idea of what we are trying to achieve before we start out. I recently found this definition on the web which I rather like "Programming is planning how to solve a problem. No matter what method is used -- pencil and paper, slide...
by: istillshine | last post by:
There are many languages around: C++, JAVA, PASCAL, and so on. I tried to learn C++ and JAVA, but ended up criticizing them. Is it because C was my first programming language? I like C because, comparatively, it is small, efficient, and able to handle large and complex tasks. I could not understand why people are using and talking about...
by: musicfreak | last post by:
Hey everyone, So I've been programming in Python for about a year, but I think it's time to move on. While I think the language is very clean and elegant, I find its object-oriented design sub par at best. When compared to a "pure" OOP language like Java or C#, a lot of things related to OO seem like hacks. I don't know Python's history, but it...
by: Hystou | last post by:
Most computers default to English, but sometimes we require a different language, especially when relocating. Forgot to request a specific language before your computer shipped? No problem! You can effortlessly switch the default language on Windows 10 without reinstalling. I'll walk you through it. First, let's disable language...
by: Oralloy | last post by:
Hello folks, I am unable to find appropriate documentation on the type promotion of bit-fields when using the generalised comparison operator "<=>". The problem is that using the GNU compilers, it seems that the internal comparison operator "<=>" tries to promote arguments from unsigned to signed. This is as boiled down as I can make it. ...
by: jinu1996 | last post by:
In today's digital age, having a compelling online presence is paramount for businesses aiming to thrive in a competitive landscape. At the heart of this digital strategy lies an intricately woven tapestry of website design and digital marketing. It's not merely about having a website; it's about crafting an immersive digital experience that...
by: Hystou | last post by:
Overview: Windows 11 and 10 have less user interface control over operating system update behaviour than previous versions of Windows. In Windows 11 and 10, there is no way to turn off the Windows Update option using the Control Panel or Settings app; it automatically checks for updates and installs any it finds, whether you like it or not. For...
by: tracyyun | last post by:
Dear forum friends, With the development of smart home technology, a variety of wireless communication protocols have appeared on the market, such as Zigbee, Z-Wave, Wi-Fi, Bluetooth, etc. Each protocol has its own unique characteristics and advantages, but as a user who is planning to build a smart home system, I am a bit confused by the...
by: agi2029 | last post by:
Let's talk about the concept of autonomous AI software engineers and no-code agents. These AIs are designed to manage the entire lifecycle of a software development project—planning, coding, testing, and deployment—without human intervention. Imagine an AI that can take a project description, break it down, write the code, debug it, and then...
by: conductexam | last post by:
I have .net C# application in which I am extracting data from word file and save it in database particularly. To store word all data as it is I am converting the whole word file firstly in HTML and then checking html paragraph one by one. At the time of converting from word file to html my equations which are in the word document file was convert...
by: adsilva | last post by:
A Windows Forms form does not have the event Unload, like VB6. What one acts like?
by: muto222 | last post by:
How can i add a mobile payment intergratation into php mysql website.

By using Bytes.com and it's services, you agree to our Privacy Policy and Terms of Use.

To disable or enable advertisements and analytics tracking please visit the manage ads & tracking page.