DE Shaw Changing the Hedge Fund Industry Through Data and AI

DE Shaw is a leader in combining quantitative investing with traditional fundamental strategies which has been called quantamental; this has other firms also looking for computer scientists to hire so they can also use big data and AI for their strategies;“People have gone insane about this, but in a good way,” Eric Schmidt, former Google chairman, says to the FT. “We are at the beginning of a new era in artificial intelligence. These technologies should benefit investing as well.”; there is still some mystery as to how they succeed as well as they do with other managers saying their really smart without further insight; according to reporting the one constant is to ensure they are data driven across the board. Source.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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