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10

REASONS
why the world needs a
NEW QUANT

10 reasons why the world needs a new quant by David Veredas
The financial
world has
changed.
#1
September 2008 was 

a turning point in the 

financial sector, driving 

it towards new horizons.

10 reasons why the world needs a new quant by David Veredas
#2

A shift of paradigm and the emergence of
new markets is leading to a radical change
in the rules of the game.

New management style
New understanding
New opportunities
10 reasons why the world needs a new quant by David Veredas
#3

Complexity
is reaching
unprecedented
levels. Interconnections, risks

factors and information
flow are soaring at rates
never seen before.

10 reasons why the world needs a new quant by David Veredas
#4

And
competitiveness
is increasing.

Tighter regulation and the 

quest for yield is putting 

financial firms at stake, 

fighting for survival.

10 reasons why the world needs a new quant by David Veredas
#5


In this context,
financial decision
making needs
quantitative
innovation.

Entrepreneurially 

minded and creative
leaders need analytical
tools adapted to 

the new times. 

10 reasons why the world needs a new quant by David Veredas
Classical modeling
#6
techniques are not
top performers
any longer.
Traditional techniques did a
good job in the past, but
they lack adaptation in an
increasingly complex world.

10 reasons why the world needs a new quant by David Veredas
#7

New quantitative
techniques are
needed.
New methods and new models
that are more realistic and flexible
for a world in continuous motion.
10 reasons why the world needs a new quant by David Veredas
Models based
on statistics and
financial reality.
#8

Sophisticated models that 

reflect the financial reality 

and grounded on testable 

assumptions: start from data 

and then look at hypothesis,
not the reverse.

10 reasons why the world needs a new quant by David Veredas
#9

Cutting edge
models and
methodologies.
Innovation to discover
patterns that no one else can
see. A new angle of view to
lead and beat the markets.
10 reasons why the world needs a new quant by David Veredas
And last,
the financial
sector needs
more quants.

#10

While many divisions are laying 

off, quant divisions are hiring. Risk 

management, product structuring 

and model validation have never 

been so important.

10 reasons why the world needs a new quant by David Veredas
Check out our other presentation

10

REASONS
why the ‘Advanced

Master in Quantative

Finance’ will make you the

NEW QUANT

10 reasons why the world needs a new quant by David Veredas

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10 Reasons Need New Quant

  • 1. 10 REASONS why the world needs a NEW QUANT 10 reasons why the world needs a new quant by David Veredas
  • 2. The financial world has changed. #1 September 2008 was 
 a turning point in the 
 financial sector, driving 
 it towards new horizons. 10 reasons why the world needs a new quant by David Veredas
  • 3. #2 A shift of paradigm and the emergence of new markets is leading to a radical change in the rules of the game. New management style New understanding New opportunities 10 reasons why the world needs a new quant by David Veredas
  • 4. #3 Complexity is reaching unprecedented levels. Interconnections, risks factors and information flow are soaring at rates never seen before. 10 reasons why the world needs a new quant by David Veredas
  • 5. #4 And competitiveness is increasing. Tighter regulation and the 
 quest for yield is putting 
 financial firms at stake, 
 fighting for survival. 10 reasons why the world needs a new quant by David Veredas
  • 6. #5 
 In this context, financial decision making needs quantitative innovation. Entrepreneurially 
 minded and creative leaders need analytical tools adapted to 
 the new times.  10 reasons why the world needs a new quant by David Veredas
  • 7. Classical modeling #6 techniques are not top performers any longer. Traditional techniques did a good job in the past, but they lack adaptation in an increasingly complex world. 10 reasons why the world needs a new quant by David Veredas
  • 8. #7 New quantitative techniques are needed. New methods and new models that are more realistic and flexible for a world in continuous motion. 10 reasons why the world needs a new quant by David Veredas
  • 9. Models based on statistics and financial reality. #8 Sophisticated models that 
 reflect the financial reality 
 and grounded on testable 
 assumptions: start from data 
 and then look at hypothesis, not the reverse. 10 reasons why the world needs a new quant by David Veredas
  • 10. #9 Cutting edge models and methodologies. Innovation to discover patterns that no one else can see. A new angle of view to lead and beat the markets. 10 reasons why the world needs a new quant by David Veredas
  • 11. And last, the financial sector needs more quants. #10 While many divisions are laying 
 off, quant divisions are hiring. Risk 
 management, product structuring 
 and model validation have never 
 been so important. 10 reasons why the world needs a new quant by David Veredas
  • 12. Check out our other presentation 10 REASONS why the ‘Advanced Master in Quantative Finance’ will make you the NEW QUANT 10 reasons why the world needs a new quant by David Veredas