1 minute reading time (146 words)

Can Excel Spreadsheet Cells contain Objects directly?

Cover

Could Deriscope pace the way for the new generation Excel beast — Object-Oriented UDFs — and what would that mean for the financial industry in particular?

Most of financial analysis software libraries used by major banks are written in so-called "Object-Oriented" programming languages, such as C++.

In the past, before the Object-Oriented paradigm became widespread, several financial institutions maintained their number-crunching mammoth code in procedural languages like C or Fortran.

I still remember, when I started my career as a quant with a top European Investment bank in the mid 90's, the apprehension arresting me and my fellow colleagues as our newly hired American boss demanded that we stop coding in C and switch over to C++. A year later, none of us would regret the big boss' decision!

...

Read the rest of this article at Can Excel Spreadsheet Cells contain Objects directly?

What is the fair price of one dollar?