Quant Congress Europe: Quants “waiting for Godot” since crisis

Top Bank of America quant, Alex Lipton, says subject still needs overhaul

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Quantitative finance has been "waiting for Godot" since the financial crisis, with the discipline needing a revolution in skills and approach, according to one top quant. New technology and ideas mean it has a chance of reinvigorating itself, he argues.

Speaking at Risk's Quant Congress Europe event today in London, Alex Lipton, mathematical finance executive at Bank of America and former co-head of its investment bank's quantitative analysts, used Samuel Beckett's absurdist play, in which the

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