Quants Are Clamoring for Data, Causing Soul Searching at Large Banks
- Banks look to comb internal information for investing clues
- Credit Suisse analysts to research natural language processing
Why Quants Are Looking Decidedly Human in 2017
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The insatiable demand for unique market data is putting banks in a tricky situation.
Quantitative investors, starved for trading signals that can be spun into gold, are pressuring the finance firms they work with to grant them access to proprietary information. It’s easy to see why. In a world where every kernel of publicly available intelligence is quickly processed and acted upon, investing advantages can evaporate quickly. In quant speak, the alpha gets arbitraged away.