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Is Python a Good Choice for Finance?

Written by Michał Słupski | May 7, 2021 2:46:51 PM

Finance is a complex world, now more than ever. You’ve got blockchain, hundreds of cryptocurrencies, NFTs, easy trading with Robinhood and similar apps, and much more. It’s a crazy, complex world with a lot of data. Financial bloggers are calling it the craziest market ever. How can you make sense of all this?

You learn, you stay on top of trends, and you find as powerful tools as you can. And in finance, Python is one of the best tools—for finance specialists, as well as developers building finance software. We know, because we build fintech projects with Python all the time. But building custom software is not the only way to use Python, as you’ll see by the end of this article.

If you’re not a seasoned Python expert, you might be wondering what makes Python so great for finance. There are a few key aspects:

  • it’s mature and secure,
  • it’s great for complex operations on large amounts of data,
  • the syntax lets you swiftly translate business requirements into code.

Let’s explore what all of this means.