Re:It's Getting Harder to Tell Banks from Tech Companies
by whatok on Thursday February 15, 2018 @12:40PM
(#16385902)
If "data scientists" working at Google are considered tech roles then finance quants should be as well, right? I agree that there's a distinction between data engineers and quants but to me they're all tech roles essentially.
[ Parent
| on HN ]
Re:It's Getting Harder to Tell Banks from Tech Companies
by 123212321 on Thursday February 15, 2018 @12:45PM
(#16385940)
The difference is that quants make way more than regular engineers in finance. At google, an engineer working on the next generation database can make a ton of money, his work is extremely valuable to the firm. Engineering innovation is central. In finance, engineers in HFT did make a ton, but HFT is no longer very profitable.
Re:It's Getting Harder to Tell Banks from Tech Companies
by user5994461 on Thursday February 15, 2018 @03:22PM
(#16387257)
Quant is not a tech role. Quant is about maths and statistics.