Quants

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Quants Defined...

A quantitative analyst is a person who works in finance using numerical or quantitative techniques. Similar work is done in most other modern industries, but the work is not always called quantitative analysis. In the investment industry, people who perform quantitative analysis are frequently called quants. See List of quantitative analysts.
Although the original quants were concerned with investment management, risk management and derivatives pricing, the meaning of the term has expanded over time to include those individuals involved in almost any application of mathematics in finance. Examples include statistical arbitrage, algorithmic trading, and electronic market making.

Source: - Quantitative analyst - From Wikipedia, the free encyclopedia

http://en.wikipedia.org/wiki/Quantitative_analyst