A recent graphic by Tractica shows that over $7.5 Billion dollars is forecasted to be spent on Algorithmic trading strategy improvement via AI in the next 10 years. Wow! That’s a lot of quants in the world’s payroll. What exactly is a quant? How do algorithms (algos) fit in? And what does Artificial Intelligence have to do with all of it?
Whether it’s building algos, offering algos for use, replacing costly humans with algos, doing advanced trade execution with algos, or managing billions of dollars in alternative investments via quant strategies – quants are here to stay.
In our whitepaper Decoding the World of Quants, Algorithms, and AI, we step into what these people and this technology means for the future of our industry and beyond.
Check out the original post on the RCM Alternatives blog.