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Body: Goldman Sachs came up with new programming language – “Legend Language” So what is Legend?
Goldman Sachs - The financial advisory firm known for managing massive amounts of data is in the process of building itself as a “data lake”. The company has its own coding language for data, called “Legend Language”.
PURE/Legend is a logical modelling language developed by Goldman to describe its data. The consulting firm has been using it in conjunction with a system called Alloy. Alloy uses PURE to interrogate Goldman's databases and to generate models as anything from SQL, to Java and JSON. - It's the visual frontend. Goldman collaborated with Fintech Open Source Foundation (FINOS) to open source the language.
By making Legend open source, the intention is to create APIs that will allow Goldman's clients to self-serve data and to build their own tools using Goldman's platform.
If Legend becomes the norm, many of these roles could become redundant - This isn't the first time Goldman has built its own programming language. - It's also got Slang, which underpins SecDB and depending upon whom you ask - is either a route to a great software career at Goldman or a career cul-de-sac. As a more contemporary language (Slang dates back to the 1980s) and one that's been open-sourced, Legend is unlikely to suffer the same problem. Anyone currently working on Extract Transform and Load (ETL) systems that copy data into destinations (like data lakes) might want to familiarize themselves with Legend especially quickly.
