Which language to use (Novice Programmer)

Quote from mokomo:


Exotic instruments commonly are low volume; the main chunk of the p&l for OTC structures is derived from the 300bp spread that the principal finance department plunder before repackaging the risky remains for their clients to swallow. Given the complexity of pricing models required, most of the number crunching is done via much more lower level code that Excel/VBA offers. Excel and VBA would probably take a month to do what a farm of servers can model in 24 hours using proprietary technologies that banks spend millions on.

Apologies, didn't make myself clear, the pricing models (add-ins, API's, dll's whatever) are, for sure, written in-house in c++ by a bunch of guys with more more academic qualifications between them than a small European country.
The framework that uses the models is, often as not, excel/vba based.
 
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