Quant, or quantitative analyst, is a highly skilled individual who blends mathematics, computer science, and other technical abilities to solve complex problems in the world of finance. The increasing use of technology and complex financial instruments on Wall Street is a result of the growing demand for quants. In fact, their presence in the industry has led to the development of even more sophisticated tools. It's a cyclical process with lucrative incentives, attracting quants who continue to push the boundaries of finance.