Development platforms for financial modeling (what do Quants do?)

Question

Quantitative analysts or "Quants" predict the behavior of markets to maximize profits. I am interested in the software that they use to achieve this. Are there development platforms, libraries, languages, or Data Mining specifically designed for financial modeling ?

Answer 1

Statistical Modeling:

Firstly, there are statistical computational languages ​​such as R , which is powerful and open source, with many packages for analysis and graphing.

You will find several R packages that are related to financing:

• http://www.quantmod.com/
• https://www.rmetrics.org/
• https://www.rmetrics.org/ebooks-tseries

Machine Learning and AI to teach the system past data:

• Weka Data Minig: http://www.cs.waikato.ac.nz/ml/weka/

• libsvm (data classifiers http://www.csie.ntu.edu.tw/~cjlin/libsvm/ )

• The book "Artificial Intelligence: A Modern Approach" (code: http://aima.cs.berkeley.edu/code.html )

Test the trading system against past data:

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- API- , FIX. FIX, ( FIX), . ECN FIX. , , .

QuickFIX/J - FIX. 100% Java ++ QuickFIX.

• http://www.quickfixj.org/

Answer 2

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, , quantlib.

Answer 3

Strata OpenGamma Java , , , , , . , .