OLD GREENWICH, Conn.--(BUSINESS WIRE)--WorldQuant, the global quantitative asset management firm, announced that it launched Women Who Quant, an international online competition and learning opportunity designed with the goal of increasing the participation of, and opportunities for, women in quantitative finance. The competition will run through March 10, 2019, and was developed in collaboration with Women 2.0, Women Who Code and 100 Women in Finance.
“We are seeking to further empower women quants and provide increased access to educational and professional opportunities around the world. We are excited to partner with leading organizations focused on advancing women in technology, finance and data science,” said Igor Tulchinsky, Founder, Chairman and CEO of WorldQuant.
Participants will test their skills building algorithms (“alphas”) on WorldQuant’s online market simulation platform, called WebSim, and expand their quantitative finance knowledge through live and recorded skill-building sessions. Competitors will be eligible to win cash prizes (or cash equivalent), and the top scorer will have the ability to select one of WorldQuant’s event partners to receive an additional donation from the company. Participants who perform well in the Women Who Quant competition may also be considered for opportunities to join WorldQuant’s global team of research consultants or to apply for full-time employment or internship positions.
Participants can register for the competition through March 5, 2019 by clicking here. WorldQuant will donate $1 for each registrant, up to $30,000 total, to be distributed evenly across the three event partner organizations.
"Exposing talented women around the world to new opportunities for learning and advancement can have a big impact on diversity in areas such as quantitative finance. These types of collaborations – with companies like WorldQuant that already offer flexible opportunities to their global workforce – engage communities of women in a powerful way, furthering their interests and participation in this field," said Kate Brodock, CEO of Women 2.0.
“Initiatives such as this competition being held by WorldQuant can be vital contributors to increasing engagement with, and expanding access to, growing areas of technology. We are excited to offer this opportunity to our community and see more women excelling in fintech,” said Alaina Percival, CEO and Board Chair of Women Who Code.
“We are delighted to collaborate with WorldQuant, especially given its alignment with 100 Women in Finance’s initiative to invest in the next generation. We look forward to seeing women around the world demonstrate their skills and use the resources offered through this competition,” said Amanda Pullinger, CEO of 100 Women in Finance.
About WorldQuant
WorldQuant is a global quantitative asset management firm that was founded in 2007 by Igor Tulchinsky and has over $7 billion in assets under management. The firm has more than 27 offices in 17 countries, and over 750 employees and 1,500 consultants. WorldQuant develops and deploys systematic investment strategies across a variety of asset classes in global markets, utilizing a proprietary research platform and investment process. For more information on WorldQuant’s culture and philosophy, please visit www.WeAreWorldQuant.com.
About Women 2.0
Founded in 2006, Women 2.0 is a global brand for women in tech and startups and general diversity & inclusion in the tech industry. With community-based media as their back drop, they provide action-based, scalable solutions and impact-focused initiatives that close gender gaps and increases D&I, with a particular focus on female-founded and earlier-stage companies. They are driven by their values, and work to push conversation forward, and take and encourage action around gender parity. They are a for-profit, for-good company.
About 100 Women in Finance
100 Women in Finance is a global network of professionals in the finance and alternative investment industries working together to empower women at every stage of their careers. Through peer engagement, philanthropic, and educational initiatives, our more than 15,000 members are making connections and creating opportunities that help to advance careers and strengthen our field.
