Quantitative Finance
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Quantitative Finance Professionals Lag in AI Adoption
A CQF Institute report reveals a critical AI skills gap in quantitative finance. Less than 10% of specialists believe recent graduates possess adequate AI/ML expertise, despite widespread AI adoption (83%) and daily usage by over half of quants. Key AI applications include coding, sentiment analysis, and research, leading to productivity gains for 44%. Challenges include model explainability (41%) and regulatory compliance (16%). Limited formal AI training programs (14%) exacerbate the gap, highlighting the need for comprehensive education and strategic AI integration.
