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LabVIEW and Financial Database

Posted on 2009-04-08
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Does anyone know is LabVIEW is appropriate for financial database applications?  Basically, I am looking to build a solution that downloads 20 years worth of financial statements from a Wall Street data provider.  Then perform proprietary calculations and make this available to query to my clients who are portfolio managers.

One proposal I got was from a LabVIEW expert so i wanted to find out unbiasedly if the developer community would use LabVIEW for this type of application.  
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Question by:Matt_Kacur
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billko earned 1500 total points
ID: 24164807
LabVIEW can do it; it wouldn't be my first choice, but it can definitely do the job.  It would be a lot slower than a solution done in, say, .NET programming.  LabVIEW's strength lies in the fact that it's extremely easy to program, but it generates a lot of code and it's optimized for ease of programming, not conservation of computer resources.
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by:dwisti
ID: 24344857
I would say Labview would be a fine choice depending on your experience level with Labview.  There are plenty of database tools and support for Labview. NI has a database toolkit. There is some Labview database info on Lava fourms here.  An Labview ADO toolkit is also available.
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Expert Comment

by:turbot_yu
ID: 24464522
Labview can surely do it. Please see my sample video demo with audio explain. It demos how the client program is retrieve the data from central database(SQL20005) by Labview

http://cid-8d7f340ff7f6cb2e.skydrive.live.com/browse.aspx/Video%20for%20Condition%20Monitoring%20System 
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