Last Updated: July 22, 2019

Saving the world from economic collapse with Python?

Today we announced that ActivePython now includes NumPy,SciPy, and matplotlib in ActivePython Business, Enterprise, and OEM Editions. What does this mean for you as a developer and as an investor?

Not only did these come up as the top must-have Python packages for finance, but it gives developers and quants in the finance sector the building blocks to get ready to comply with the SEC’s proposal regarding Python. With NumPy, SciPy, and matplotlib, you now have the packages necessary to build the type of apps that will be able to leverage the SEC’s proposed asset-backed securities (ABS) Python financial models. These apps will help investors, traders, fund managers, risk managers, etc… evaluate, value, and visualize if-then scenarios to assess risk in asset-backed securities, rather than having to leaf through thousands of pages of prose. The new sheriffs on Wall Street are trying to bring a little more transparency for investors. Here’s to hoping that this will help pros that are investing the nation’s money know what’s actually inside these complex products so we can avert future economic collapses!

Title image courtesy of Pixabay.

Angie Hirata

Angie Hirata

VP, Sales & Corporate Development Angie brings more than twenty years of experience in the software industry to her role as head of sales and corporate development at ActiveState. Angie re-joined ActiveState in 2017, after working for HPE from 2015 - 2017 as a part of the HPE-ActiveState Stackato acquisition. She loves to work with customers on their innovative new projects. Angie's successful career has included start-ups and large organizations since earning her Bachelor of Commerce from the University of British Columbia.