Which programming language for compute-intensive trading portfolio simulation?
While I am a huge fan of Python and personaly I'm not a great lover of Java, in this case I have to concede that Java is the right way to go.
For many projects Python's performance just isn't a problem, but in your case even minor performance penalties will add up extremely quickly. I know this isn't a real-time simulation, but even for batch processing it's still a factor to take into consideration. If it turns out the load is too big for one virtual server, an implementation that's twice as fast will halve your virtual server costs.
For many projects I'd also argue that Python will allow you to develop a solution faster, but here I'm not sure that would be the case. Java has world-class development tools and top-drawer enterprise grade frameworks for parallell processing and cross-server deployment and while Python has solutions in this area, Java clearly has the edge. You also have architectural options with Java that Python can't match, such as Javaspaces.
I would argue that C and C++ impose too much of a development overhead for a project like this. They're viable inthat if you are very familiar with those languages I'm sure it would be doable, but other than the potential for higher performance, they have nothing else to bring to the table.
C# is just a rewrite of Java. That's not a bad thing if you're a Windows developer and if you prefer Windows I'd use C# rather than Java, but if you don't care about Windows there's no reason to care about C#.
I am building a trading portfolio management system that is responsible for production, optimization, and simulation of non-high frequency trading portfolios (dealing with 1min or 3min bars of data, not tick data). 
I plan on employing Amazon web services to take on the entire load of the application.
I have four choices that I am considering as language.

Java
C++
C#
Python

Here is the scope of the extremes of the project scope. This isn't how it will be, maybe ever, but it's within the scope of the requirements:

Weekly simulation of 10,000,000 trading systems.
(Each trading system is expected to have its own data mining methods, including feature selection algorithms which are extremely computationally-expensive. Imagine 500-5000 features using wrappers. These are not run often by any means, but it's still a consideration)
Real-time production of portfolio w/ 100,000 trading strategies
Taking in 1 min or 3 min data from every stock/futures market around the globe (approx 100,000)
Portfolio optimization of portfolios with up to 100,000 strategies. (rather intensive algorithm)

Speed is a concern, but I believe that Java can handle the load.
I just want to make sure that Java CAN handle the above requirements comfortably. I don't want to do the project in C++, but I will if it's required.
The reason C# is on there is because I thought it was a good alternative to Java, even though I don't like Windows at all and would prefer Java if all things are the same.
Python - I've read somethings on PyPy and pyscho that claim python can be optimized with JIT compiling to run at near C-like speeds... That's pretty much the only reason it is on this list, besides that fact that Python is a great language and would probably be the most enjoyable language to code in, which is not a factor at all for this project, but a perk.
To sum up:

real time production
weekly simulations of a large number of systems
weekly/monthly optimizations of portfolios
large numbers of connections to collect data from

There is no dealing with millisecond or even second based trades. The only consideration is if Java can possibly deal with this kind of load when spread out of a necessary amount of EC2 servers.
Thank you guys so much for your wisdom.