Our lives are constantly changing, all thanks to the ever-emerging technology and computer programs. Now you must be wondering how these computer programs are created. Well, it's quite simple, actually, they are created using different programming languages. For those who have no idea what these programming languages are, they are kinds of expressions that assist humans to generate systematic tasks. Of course, today you will find a plethora of options when it comes to programming languages which means it can be overwhelming or daunting to choose the right one.
However, before you even start looking for reputable fintech software development companies, read the following post that simply focuses on the best programming languages for the finance industry. Without much delay, let's get started!
Introducing the Best programming languages
Programming languages for the fintech industryFurther below I would like to mention some of the best programming languages for fintech. Each one of these is of a kind and offers plenty of advantages. So without further ado, let's just begin!
PythonPython is one of the most beloved programming languages for fintech development. Being one of the object-oriented programming languages, Python is highly preferable for conducting successful web development. DevOps, Web Servers, computer graphics, game development and desktop development, are certain aspects where Python is being used on a high basis. Now why python, you may ask. Well, it offers a wide range of advantages such as high-end flexibility, scalability, speed and this makes it a sure-shot option for developing math-intensive applications, especially fintech solutions.
So even after being a general-purpose programming language, Python turns out to be an optimal choice for front-end app development. Another interesting aspect about Python is that it reduces the developer's effort. With the programming language, developers no longer are required to focus on all the manual tasks that take a hell of lot of time. All they have to do is reuse the templates and optimize the development process in a go.
It is easy to use, learn, compile, debug in comparison to other languages This one is also object-oriented, which means more chances of reusable code From the security point of view, Java works wonders Java's memory allocation is absolutely great Java code can run on multiple platforms
Conducting front end app development using java can be cost-effective in the long run.
On and all, java offers a wide range of advantages over any other programming language out there in the market. In fact, platform independence, high security and ease to use and maintenance make it worth considering among the development fraternity.
HASKELLIf you are looking for a time-proven technology then Haskell is the right choice to consider. Featuring garbage collection, native code development, memory safety, lazy evaluation, purity, Haskell makes it to the list of some of the top programming languages to consider if you want to have a cutting edge in the finance industry. Let's delve a bit into the details of one of the most commonly used programming languages:
Memory safety - Well while managing memories manually what happens is it leads to unnecessary buffers and overflows or memory leaks. But with Haskell, that's not the case. With automatic memory management, secure software can be created.
Native code - If you take a close look at all the programming languages, you will see that python, Java, are kind of lagging behind. Whereas this programming language Haskell is pretty advanced or ahead of time, resulting in a good performance and better data processing.
C++C++ is pretty much in vogue, especially in the web development realm. And why not since this one is one of the oldest and quite efficient programming languages that is being widely used in the financial services industry. Well, of course, C++ lacks in certain aspects such as it doesn't support the use of pointers or it doesn't offer high-end security, there is an absence of garbage collection, and what not! However, despite these disadvantages do you know why C++ is in high demand?
C++ offers platform independence enabling users to run the same program irrespective of the operating systems Again this one is an object-oriented language featuring classes, inheritance, polymorphism, data abstraction, etc It promotes the concept of code reusability It is a multi-paradigm programming language Developers get a total control over memory management