Walter's DConf 2014 Talks - Topics in Finance

[evansl]

On 03/22/14 06:40, Russel Winder wrote:
[snip]
> What you are alluding to is the use of Monte Carlo approach to solve
> some of the models given boundary conditions. This is a "bog standard"
By "bog standard" do you mean "plain or ordinary?

http://en.wiktionary.org/wiki/bog_standard

> approach to numerical modelling.
>
[snip]
> Many of the hedge funds are following in the HEP,

By HEP do you mean "High Energy Physics"?

[snip]
> In a number of the major international finance houses a
> Python/Scala/C++ stack has taken hold. However this is not fixed
> forever, since whenever the CTO changes the stack tends to as well.

By CTO do you mean "Chief Technology Officer"?

TIA.

-regards,
Larry