WorldQuant has named the winners of its inaugural Women Who Quant competition, which drew in more than 2,000 participants internationally, the Greenwich, Conn.-based quantitative asset management firm announced.
WorldQuant launched the online competition in March with collaboration from media and tech company Women 2.0, non-profit Women Who Code and 100 Women in Finance, a global network of professionals in the finance and alternative investment industry, according to a news release.
As part of the contest, participants built algorithms on WorldQuant's online market-simulation platform, called WebSim, and also completed live quantitative training sessions.
"We are very pleased with the results achieved in our first Women Who Quant competition and excited to see such a variety of high-quality thinking," said Igor Tulchinsky, founder, chairman and CEO of WorldQuant, in the news release. "I would like to congratulate our three best-performing female participants in the competition from Russia, Vietnam and India. This competition has identified multiple potential stars in quantitative finance, and we hope will further empower quants worldwide."
A master's program student at Moscow State University who is studying applied mathematics and computer science won first place, according to a separate announcement. Undergraduate students studying international trade in Vietnam and commerce in India, respectively, won second and third place in the competition. WorldQuant did not release the full names of the winners by press time.
The top three contestants won cash prizes, while more than 50 top female performers were accepted as research consultants at WorldQuant, the news release said.
WorldQuant has more than $7 billion in assets under management.