On derivatives and quants

Alexander Lipton on how the role of quants is adapting to the new financial environment

quant-charts
Knowing the figures: a number of senior quants strongly objected to using simplistic models for pricing CDOs way before the crisis

This is the first in a regular series of columns by Alexander Lipton giving the quants' view on key topics in the industry. Lipton is a Connection Science Fellow at MIT and an Adjunct Profes