Quant Funds, workflow and agentry
by
Charlie Bess
I came across this article in the New York Times that talks about the growth of quantitative funds on Wall Street. These funds use models to predict when to buy or sell stock. I've written in the past about the movement to more of a model-based approach to business and the use of computers to respond to events, and this is an indication of what's to come.
As organizations begin to capitalize on these techniques inside their internal and external information flows, patterns can be determined. Once you recognize the patterns, you should be able to determine deviation from patterns. That is where the real value begins, as the people begin to focus on the anomalies and turn them into opportunities.
