Quant finance is an inherently innovative segment of the banking and finance sector, but it is still part of a largely traditional industry that is limited by its inherited systems - both technological and operational.
But as we inch closer to the industry 4.0 vision of the world, we must take count of what the future holds for quants and quantitative finance. We asked the FutureQuantMinds - tomorrow's quant leaders - to explore the biggest disruptors in the industry and how we need to change in order to welcome our bright new future.
In this compilation of articles, FutureQuantMinds talk about the challenges that the risk side of quant finance will meet, if they haven't already. Current frameworks and models will become inadequate and inefficient, so how will you keep up with the competition?
The FutureQuantMinds weigh in.
Risk management as a service
Bruno Stratmann, Counterparty Credit Risk at Deutsche Bank, shares his vision of the future of risk management.
Fair value accounting in illiquid markets
Erik Buch Olesen, Graduate in Counterparty Credit Risk Management at Nordea, predicts the need for new valuation methods in order to manage liquidity risk in the future.
Improved risk and margin calculation models needed
Christoffer Sagild, Senior Risk Manager at Saxo Bank, urges the industry to up its game when it comes to risk and margin calculation.
Holistic modelling in the modern regulatory framework
Matteo Marcozzi, Quantitative Risk Specialist at Vontobel, explores how regulations will impact every day processes and how quants need to adapt.
CCPs vs blockchain: who will win?
Pierre Cumenal, Quantitative Analyst at BNP Paribas, outlines the implications of distributed ledger technology for settlements, securities, derivatives and more.