Asian banks need to hire more quantitative analysts: experts

According to experts, Asian banks may need to step up the hiring of a special breed of bankers known as quantitative analysts, who could help Asian banks roll out new products and move them up the value chain. SMU Professor of Finance Lim Kian Guan said: "SMU is starting a masters programme (in quantitative finance). We try to include a curriculum that addresses issues like trading, algorithm trading, low latency, high frequency trading...Exotic sell-side products are not in fashion, so banks have to substitute that with some revenue-generating activities, and a lot of that have shifted into high-frequency trading."