That is why Clojure is particularly suitable for the banking and insurance sectors
Posted: Sat Jan 25, 2025 9:02 am
Clojure offers significantly better support for complex mathematical calculations than the most widely used programming languages such as Java, C++ and C#. For this reason, Clojure is increasingly being used in the financial sector. R is also the standard language in business and science, especially when it comes to statistical problems. R is also very broadly applicable by nature, as there have been further developments for universal usability (such as SPSS), but these have always remained focused on the original focus. The fact that Clojure itself does not offer any graphical support is definitely not a disadvantage compared to R, as you can integrate practically every Java library that has been developed in the last >15 years. There is a large community behind R that is unrivaled even in the commercial sector. The Clojure community is also actively working to further strengthen this community.
target group
Since the actuaries employed or commissioned by insurance companies greece consumer email list rarely have programming skills, the target group is more likely to be internal IT and IT companies that provide software for insurance companies or support their teams.
references
Well-known companies that use Clojure include Walmart, the Citi Group and NASA. There are also smaller and larger companies in other industries that have used Clojure from the start or have switched to Clojure. At Walmart, eight developers have developed around 20 services that, among other things, record and manage every purchase from over 5,000 stores, online shops and mobile apps. Among other things, receipts are saved for later complaints and exchanges. Unfortunately, the source does not provide any information about the duration of the project. However, Walmart says that five to ten times less code had to be written compared to other programming languages. Immediately after the rollout, the new system is said to have survived a Black Friday rush unscathed.
Citi Group is the largest financial group in the world and successfully uses Clojure to capture financial information in order to have an overview of investments and risks at all times.
target group
Since the actuaries employed or commissioned by insurance companies greece consumer email list rarely have programming skills, the target group is more likely to be internal IT and IT companies that provide software for insurance companies or support their teams.
references
Well-known companies that use Clojure include Walmart, the Citi Group and NASA. There are also smaller and larger companies in other industries that have used Clojure from the start or have switched to Clojure. At Walmart, eight developers have developed around 20 services that, among other things, record and manage every purchase from over 5,000 stores, online shops and mobile apps. Among other things, receipts are saved for later complaints and exchanges. Unfortunately, the source does not provide any information about the duration of the project. However, Walmart says that five to ten times less code had to be written compared to other programming languages. Immediately after the rollout, the new system is said to have survived a Black Friday rush unscathed.
Citi Group is the largest financial group in the world and successfully uses Clojure to capture financial information in order to have an overview of investments and risks at all times.