The Chicago Quantitative Alliance provides quantitative investment professionals a forum to interchange ideas and share experiences. Our goal is to stimulate conversation and discussion on a wide range of quantitative investing topics. Additional information on the CQA is available by contacting:
Objectives of the CQA:
The first CQA meeting was held on November 4, 1993. At that time we summarized our goals in the statement listed below.
- Different from other groups where membership is by firm.
- Membership is transportable.
- Ensures continuity at meetings, with the same people attending.
- Members are those in firms doing the work, not figureheads.
- Keeping everyone involved is the key to success.
- E-mail list helps with year round communication.
- We expect a lot of give and take between members.
- People involved have similar interest.
- Different levels of expertise, but common goals.
- Members must have value-added to group
Diversity of Membership
- This is a truly national group.
- Different perspectives from members that work at different types of firms.
- Balance between money managers and sponsors.
No Sales Pitches
- Absolutely no marketing from speakers or members.
- Avoid at all costs a reputation of a group where sponsors are afraid to come and be besieged by people trying to sell something.
Zero Based Budgeting
- Whatever we take in we’ll spend, no grand plan to offer scholarships or build a large treasury.
- This is strictly a non-profit organization.
- Strive to make this the best value possible for members.
- Conference fee you pay is good for April and September conferences – no additional costs.
- Develop a reputation for our conference as a "must attend" event. Members should really feel like they’ve missed something if the don’t attend.
- There are three key parts to the conference in addition to the regular speakers: Academic Competition, Panel Discussion, and Keynote Speaker.
- Since everyone is involved somehow in the planning of the conference they have an "ownership interest"; no complaints, if you don’t like how something is being done, get involved and change it.
- Achieve a mix of practical and academic.
- Committees have a vested interest in how "their" speakers perform.
- Make the conference whatever we want it to be, there are no preconceived ideas about what has to happen.
- We are a powerful users group, let’s use that to our advantage.
- Explore the issue of "sponsorship" without selling out.
- Use the group to do product reviews or share information on the latest technology.
Invite Controversy, New Ideas
- Present controversial speakers.
- Foster a reputation of being open to new ideas, willing to let alternative views have their say.
Have Fun, Make Friends