Banking's Hype History and Balancing Reality

About this episode

The episode discusses the evolution of programming for quants in banking, the impact of machine learning, and current regulatory challenges.

Send us Fan Mail A long form discussion on the history of programming for quants at the banks from SAS to Python and the rise of machine learning. While the hype of machine learning changed some of the banking modeling practices the industry kept their head straight as regulators closely watched. Now in 2026 with the AI hype wave and regulators being less strict, the banks seem lost as many are calling to replace SR 11-7 with general frameworks to reduce risk management and drive more efficie...

People in this episode

Host: Dimitri Bianco

Topics covered

• banking
• machine learning
• programming history
• risk management
• regulation
• quantitative finance

Keywords

• banking
• machine learning
• programming
• risk management
• quantitative finance
• regulation

Mentioned in this episode

Organizations: SAS, Python, AI, SR 11-7