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Finance Dictionary and Glossary of Investment Terms
Quant
Definition 1.
A person with numerical and computer skills who carries out quantitative analyses of companies.
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Definition 2.
Definition 1
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Definition 3.
Also known as a rocket scientist, a quant is someone who is really good at math, computer science and the like and brings those skills to bear in the securities industry. The rise of computers and exotic derivatives on Wall Street is both a cause and an effect of quants. Such tools (along with the big bucks to be made) bring quants to the industry, who in turn create more such tools themselves.
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