> This requires a rather different set of skills - instead of being skilled in stochastic calculus, partial differential equations and numerical methods, the quant trader is skilled in statistics, data analysis, optimisation and machine learning.
Although I'm not a quant and do not even directly work in the finance industry, my experience working as part of a machine learning outfit definitely corroborates this. Data Science may be a hard term to truly define (it's quite broad, particularly when you start applying it in the real world) -- but the general skill set is definitely seeping into computer software/engineering roles. I'm not sure how it will go in the future (there are many viewpoints on this) but I wouldn't be surprised for this trend to continue.
Although I'm not a quant and do not even directly work in the finance industry, my experience working as part of a machine learning outfit definitely corroborates this. Data Science may be a hard term to truly define (it's quite broad, particularly when you start applying it in the real world) -- but the general skill set is definitely seeping into computer software/engineering roles. I'm not sure how it will go in the future (there are many viewpoints on this) but I wouldn't be surprised for this trend to continue.