125: Elixir at the Royal Bank of Canada
Thinking Elixir Podcast
How to Do Hot Releases?
TD Bank is the latest bank to use Elixir, a new programming language. It's being used by banks including RBC and JP Morgan in their trading systems. The company says it can't afford to lose any messages because of hot releases. But when you're trying to price or know your position in real time, that's an expensive operation.
While hearing how Elixir is being used in the Royal Bank of Canada's Capital Markets, we learned a lot of extra things we didn't expect! Thanos Vassilakis, head of R&D in the CM group, explained how middle managers talk about “scaling” to mean hiring staff with the goal of using all of their budgets. Not the kind of scaling we typically think about! Thanos identified the biggest problem limiting Elixir's adoption at large financial institutions and it wasn't what we expected. He also shared stories of how LiveView greatly out performed React when rendering hundreds of live updating financial charts and, after experimenting with it, the React devs fully adopted LiveView! Lots of great insights and stories in this one!
Show Notes online - http://podcast.thinkingelixir.com/125
Elixir Community News
- https://phoenixframework.org/blog/phoenix-1.7-released – Phoenix 1.7.0-rc.0 released!
- https://twitter.com/chris_mccord/status/1589721565692067840 – Chris McCord's Twitter announcement
- https://github.com/phoenixframework/phoenix/blob/v1.7.0-rc.0/CHANGELOG.md – Phoenix 1.7.0-rc.0 changelog
- https://www.youtube.com/watch?v=9-rqBLjr5Eo – Chris McCord's keynote
- https://twitter.com/clarkware/status/1587894081572569089 – Mike Clark shows how params can be added in embedded in Sigil P routes
- https://hex.pm/packages/heroicons – Heroicons
- https://github.com/mtrudel/bandit – Alternative webservers like Bandit become possible
- https://twitter.com/bernheisel/status/1589803460320710656 – David's diff of for going to new Phoenix 1.7
- https://utils.zest.dev/gendiff – David's free Diff Generator tool for Phoenix projects
- https://twitter.com/josevalim/status/1589738157196869634 – Jose Valim's summation of new Phoenix release
- https://www.youtube.com/watch?v=mOeONt6Hkf8&list=PLqj39LCvnOWbmaPrkGCAzFMC_FYZUkmSr&index=15 – New batch of ElixirConf 2022 videos were released
Do you have some Elixir news to share? Tell us at @ThinkingElixir or email at show@thinkingelixir.com
Discussion Resources
- https://www.rbccm.com/en/
- https://shapeshift.com/
- https://en.wikipedia.org/wiki/Ada_(programming_language)
- https://en.wikipedia.org/wiki/Joe_Armstrong_(programmer)
- https://en.wikipedia.org/wiki/Hope_(programming_language)
- https://en.wikipedia.org/wiki/Miranda_(programming_language)
- https://www.investopedia.com/terms/c/capitalmarkets.asp
- https://www.investopedia.com/terms/f/financialrisk.asp
- https://couchdb.apache.org/
- https://www.ericsson.com/en
- https://docs.oracle.com/cd/E15261_01/tuxedo/docs11gr1/tech_articles/CORBA.html
- https://www.amazon.com/Programming-Erlang-Concurrent-Pragmatic-Programmers/dp/193778553X
- https://www.postgresql.org/
- https://github.com/absinthe-graphql/absinthe
- https://github.com/lasp-lang/partisan
- https://github.com/devinus/poolboy
- https://docs.python.org/3/library/multiprocessing.html
- https://en.wikipedia.org/wiki/X_Window_System
- https://openwhisk.apache.org/
- https://www.drools.org/
- https://en.wikipedia.org/wiki/Rete_algorithm
- https://en.wikipedia.org/wiki/COBOL
- https://sqlite.org/src4/doc/trunk/www/bt.wiki
- https://www.honeybadger.io/blog/elixir-memory-structure/
- https://docs.python.org/3/library/multiprocessing.shared_memory.html
- https://github.com/membraneframework/shmex
- https://semiengineering.com/the-rise-of-smartnics/
- https://www.nvidia.com/en-us/networking/ethernet-adapters/
- https://www.nvidia.com/en-us/networking/products/data-processing-unit/hpc/
- https://github.com/zeroc-ice/ice
- https://github.com/afiniate/seresye
Guest Information
- https://twitter.com/thanos_tweets – on Twitter
- [thanos.vassilakis@rbccm.com](thanos.vassilakis@rbccm.com) – Email
- https://www.rbccm.com/en/ – Royal Bank of Canada Capital Markets
- https://elixirforum.com/u/thanos/summary – Thanos on Elixir Forum
Find us online
- Message the show - @ThinkingElixir
- Email the show - show@thinkingelixir.com
- Mark Ericksen - @brainlid
- David Bernheisel - @bernheisel
- Cade Ward - @cadebward
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