"Today Functional programming in banking is no longer the hobby of a few. One major American bank is pushing a JVM based language that supports functional programming (Scala) as a firm-wide technology. Another two major banks are using Clojure for both real-time risk and pricing, and risk reporting. Speaking specifically to some of team members/the hiring manager of team that work on these Scala/Clojure roles, I am able to understand better why there is an increase in the interest in functional programming….below is my recruitment (non-technical) explanation…"

Read the rest of Abdul Muhit's blog post at the Oxford Knight.