In the finance sector, there is a trend to convert models and code from one language to another, amongst others due to the following reasons:
- Productivity gains: enhancing and improving current workflows with new implementations that can further automate tasks, can lead to efficiency gains.
- Improve maintainability: existing codebases can become difficult to maintain and finding developers with expertise in languages that have become less popular can be challenging.
- Performance boost: due to increasing demands on the existing systems a performance boost might be required.
- Quality boost: the quality of existing code and models might notmeet modern standards.
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