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For data analysis, particularly for large data analysis project, pretty much most of the top quant hedge funds and a lot of the banks are using Python (over R) for a couple of reasons, although many still have bits and pieces of R for specific packages or functions (I work at a bank and interface with quite a few quant hedge funds on data analysis): ...


For the tasks listed, both Python and R preform very well. There are some packages in Python not in R and visa-versa, my solution for this is to simply call R from Python. This allows for the best of both worlds. It is also important to note I do not write any R code other than calling an R library from Python.

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