The Technology Revolution and the Future for the Modern Quant

In today’s world the financial industry is reinventing itself; once a junior banker relied on his or her talents such as charm, charisma and negotiation skills to win business with prospective clients.

Nowadays, quantitative researches are developing algorithms (supervised or unsupervised), which, using machine learning, can parse through customer data identifying characteristics to suggest the most relevant products/services for the client. With such radical changes to the supply chain in financial services, some of the traditional banking and investment management roles are being phased out whilst new career opportunities are emerging.