Wednesday, 11 October 2017

Selling data to feed hedge fund computers is one of the hottest areas of finance right now by @johndetrixhe via @qz

Kumesh Aroomoogan has come a long way from his days at Wall Street bank Citigroup, where his job was to stay on top of breaking news. He remembers getting yelled at by a trader because he stopped watching news feeds to go the bathroom and missed a market-moving headline. Now, he’s the co-founder and CEO of Accern, a company that automates his old job.

Interesting article - seems it's not only money but data that makes people wealthy.

Definition of a Quant Fund here.

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