Open Source in Quant Finance FFM - Hilpisch › Open_Source_in_Quant_Finance_FFM.pdf · Open Source...

14
Open Source in Quant Finance Taking part in a Revolution Yves Hilpisch Frankfurt/Eschborn, 05. June 2015

Transcript of Open Source in Quant Finance FFM - Hilpisch › Open_Source_in_Quant_Finance_FFM.pdf · Open Source...

Page 1: Open Source in Quant Finance FFM - Hilpisch › Open_Source_in_Quant_Finance_FFM.pdf · Open Source in Quant Finance Taking part in a Revolution ! Yves Hilpisch ! Frankfurt/Eschborn,

Open Source in Quant Finance

Taking part in a Revolution !

Yves Hilpisch !

Frankfurt/Eschborn, 05. June 2015

Page 2: Open Source in Quant Finance FFM - Hilpisch › Open_Source_in_Quant_Finance_FFM.pdf · Open Source in Quant Finance Taking part in a Revolution ! Yves Hilpisch ! Frankfurt/Eschborn,

Feel free to take pictures and to tweet. !

@dyjh @dataparkio !

#Python #QuantFinance #Finance #opensource #osqf

Page 3: Open Source in Quant Finance FFM - Hilpisch › Open_Source_in_Quant_Finance_FFM.pdf · Open Source in Quant Finance Taking part in a Revolution ! Yves Hilpisch ! Frankfurt/Eschborn,

Python Quant Warrior

Page 4: Open Source in Quant Finance FFM - Hilpisch › Open_Source_in_Quant_Finance_FFM.pdf · Open Source in Quant Finance Taking part in a Revolution ! Yves Hilpisch ! Frankfurt/Eschborn,

The Usual Disclaimer Brought to you via amazon.com

Page 5: Open Source in Quant Finance FFM - Hilpisch › Open_Source_in_Quant_Finance_FFM.pdf · Open Source in Quant Finance Taking part in a Revolution ! Yves Hilpisch ! Frankfurt/Eschborn,

The Licensing Trap Commercial Solutions vs. Open Source

Page 6: Open Source in Quant Finance FFM - Hilpisch › Open_Source_in_Quant_Finance_FFM.pdf · Open Source in Quant Finance Taking part in a Revolution ! Yves Hilpisch ! Frankfurt/Eschborn,

Open Source Data Science Open Source languages dominate already data science

Poll data from August 2014. Source: http://www.kdnuggets.com

fastest growing

Page 7: Open Source in Quant Finance FFM - Hilpisch › Open_Source_in_Quant_Finance_FFM.pdf · Open Source in Quant Finance Taking part in a Revolution ! Yves Hilpisch ! Frankfurt/Eschborn,

Meetups & Conferences The Open Source world has become “social & hip”

Page 8: Open Source in Quant Finance FFM - Hilpisch › Open_Source_in_Quant_Finance_FFM.pdf · Open Source in Quant Finance Taking part in a Revolution ! Yves Hilpisch ! Frankfurt/Eschborn,

Open Source & Open Data Freely available data sets complement free software

Today’s standard is “open source”, even for key technologies.

More and more data sets are “open and free”.

Page 9: Open Source in Quant Finance FFM - Hilpisch › Open_Source_in_Quant_Finance_FFM.pdf · Open Source in Quant Finance Taking part in a Revolution ! Yves Hilpisch ! Frankfurt/Eschborn,

The Cloud … has finally become the reference infrastructure

Infrastructure is a standardized commodity, billed by the hour.

Individuals and institutions store more and more data in the cloud.

Page 10: Open Source in Quant Finance FFM - Hilpisch › Open_Source_in_Quant_Finance_FFM.pdf · Open Source in Quant Finance Taking part in a Revolution ! Yves Hilpisch ! Frankfurt/Eschborn,

Python for Strategic Marketing Using Python to communicate quantitative concepts

Page 11: Open Source in Quant Finance FFM - Hilpisch › Open_Source_in_Quant_Finance_FFM.pdf · Open Source in Quant Finance Taking part in a Revolution ! Yves Hilpisch ! Frankfurt/Eschborn,

Open Source Usage … is not always straightforward

Page 12: Open Source in Quant Finance FFM - Hilpisch › Open_Source_in_Quant_Finance_FFM.pdf · Open Source in Quant Finance Taking part in a Revolution ! Yves Hilpisch ! Frankfurt/Eschborn,

Lowering the Barriers Bringing formal education in this field to the next level

“Python for Quant Finance Certificate”

Page 13: Open Source in Quant Finance FFM - Hilpisch › Open_Source_in_Quant_Finance_FFM.pdf · Open Source in Quant Finance Taking part in a Revolution ! Yves Hilpisch ! Frankfurt/Eschborn,

In addition:

Right Deployment Strategy — my final talk

Success Stories — as presented today

Page 14: Open Source in Quant Finance FFM - Hilpisch › Open_Source_in_Quant_Finance_FFM.pdf · Open Source in Quant Finance Taking part in a Revolution ! Yves Hilpisch ! Frankfurt/Eschborn,

The Python Quants GmbH !

Dr. Yves J. Hilpisch !

http://tpq.io | @dyjh [email protected] | yves.hilpisch