Quantitative Analysts, often referred to as "Quants," are professionals who use mathematical models and statistical techniques to analyze financial data. They work primarily in the finance industry, helping firms make informed investment decisions by assessing risks and predicting market trends. Their expertise is crucial for developing trading strategies and optimizing portfolios. These analysts typically have strong backgrounds in mathematics, statistics, and computer programming. They often use software tools and programming languages like Python or R to process large datasets. By applying their skills, Quants contribute to the efficiency and profitability of financial institutions, such as investment banks and hedge funds.