Top French quant: Best mathematicians are in France, or Russia

Should data science be a area of mathematics or a science by itself? Raphael Douady, a prized financial market academic, contends that it is a science in itself, and that French and Russian mathematicians ranks among the best.

Cock-a-doodle-doo! Cocorico! Kukareku!
With a (33%, 33%, 15%) weighting scheme…

Joke aside, Raphael Douady highlights important issues about the importance of data science in financial markets, the consideration of data science in science, and the high efficiency of AI models which often outshine good old regressions.

Credit to Sarah Butcher at eFinancialCareers for the article, and a shoutout to Olga Kolokolova who conducts important research in the area.

Leave a Reply Cancel reply

Regulation, enforcement & litigation

Investments & markets

AI, Autonomy, and the New Rules of Financial Services Litigation

"The algorithm decided" is not a legal defense. Neither is "we didn't know the system had drifted." Courts are settling these questions fast — and the...

Derivatives

Investments & markets

Prediction Markets and the New Insider Trading Problem: Event Contracts, CFTC Jurisdiction, and Emerging Case Law

Prediction markets have outgrown their reputation as election novelties. They are now structured like financial derivatives, regulated by the CFTC, and generating the same market-abuse problems...

Investments & markets

Regulation, enforcement & litigation

Two Tweets, $2.6 Billion Damages

A 10% stock drop on a single post. Here is how it became a $2.6 billion verdict....

News

Senior Full-Stack Developer

Pyrite Risk Experts is look for a senior full-stack developer to deploy some of its technology....

Investments & markets

Regulation, enforcement & litigation

From War Zones to Courtrooms: How Geopolitics Drives Litigation

Litigation risk, disclosure, and instrument-level analysis during global shocks...

Derivatives

Investments & markets

Credit Spreads Are Tight, Liquidity Is Not

Valuation Compression, AI-Capex Issuance, Basel III Incentives, and Private Credit Interconnectedness in 2026...