Advanced Text Analysis, Audio Data, Among Latest Quant Tools Gaining Traction

A more intelligent approach to text analysis and audio data is gaining traction among quantitative investors. “The biggest effort right now in quant space, and the most exciting one, is being able to read transcripts, earnings calls, annual reports, and things of that nature, in a more intelligent way,” said Harindra de Silva, quantitative portfolio manager at USD580 billion Allspring Global Investments.