RΞCURSION

Functional Code
Quant Thoughts
Recursive Insight

Carlvin Jerry Mwange

Quantitative Developer at Innova Ltd.

I am passionate quantitative analyst and developer, blending statistical programming and functional programming techniques to drive data-driven innovation in finance. “RΞCURSION” explores the dynamic world of technology, data analysis, and software development, sharing insights, projects, and innovations that highlight data-driven problem-solving and emerging tools across industries.

Master of Science in Financial Engineering

Recent Posts

What’s New in F# 9 for Quant Developers

Unlike general-purpose updates, many of F# 9’s features are particularly well-aligned with the needs of quantitative professionals—those who balance mathematical modeling, financial computation, and high-integrity codebases. These improvements refine the language’s functional core while addressing practical challenges faced in real-world applications, such as code readability, workflow modularity, and precision in data modeling. In this post, I’ll walk through some of the key updates in F# 9 and explore how they can improve the way we write and structure quantitative code.

Wednesday, April 23, 2025 | 8 minutes Read

A Better Way to Manage Dependencies in F#

The default go-to tool for most .Net developers is NuGet. It simplifies handling dependencies across projects and also provides a central reference point for reusable .Net components. Due to its initial development and growth over time, NuGet poses a few shortcomings evident over the years. As an alternative, specifically for F# developers, Paket is an open source dependency manager for .Net projects that was originally built with the primary goal of addressing some of the shortcomings developers encountered when managing dependencies in large and complex projects.

Tuesday, October 22, 2024 | 7 minutes Read

Currying and Partial Application in F#

The mathematical definition of a function can be denoted as a relationship between a set of inputs (the domain) and a single output (the co-domain). When a mathematical function is said to have only one parameter, it typically means that it takes a single value as input. However, in functional programming we build functions that theoretically “defy” this concept by taking in multiple input parameters. Traditionally, a mathematical function may only accept one input at a time.

Monday, October 7, 2024 | 5 minutes Read

Projects

Impact of ESG factors on FDI in East Africa

Researcher & Developer Jun 2024 - Sep 2024

This research examines the impact of ESG factors on FDI inflows in East African developing markets, using panel data analysis. Two regression models (pooled and fixed-effects) are used to assess the correlation between sustainability factors and FDI, helping host countries identify key ESG drivers of FDI growth.

ESG academic FDI

Toha

Owner Jun 2019 - Present

A Hugo theme for personal portfolio.

hobby hugo theme professional

Accomplishments

Master of Science in Financial Engineering

WorldQuant University Sep 2022 - Sep 2024

WorldQuant University’s accredited Master of Science in Financial Engineering degree integrates mathematical, statistical, computer science, data science, and machine learning skills. Using market-driven practitioner examples, students focus on real-world financial challenges such as securities pricing, algorithmic trading, optimizing portfolios, and hedging risks, implementing and calibrating models in Python, and using their critical thinking skills to interpret and apply them.

View Certificate