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In the early 1990s, Tulchinsky worked as a trading strategist for Timber Hill (now part of [[Interactive Brokers]]), before moving to [[Millennium Management]], an investment management firm that manages more than $57 billion in assets.<ref name=":0" /><ref>{{Cite web |title=Millennium Management Global Investment |url=https://www.mlp.com/ |access-date=2023-03-24 |website=Millennium |language=en-US}}</ref>
In the early 1990s, Tulchinsky worked as a trading strategist for Timber Hill (now part of [[Interactive Brokers]]), before moving to [[Millennium Management]], an investment management firm that manages more than $57 billion in assets.<ref name=":0" /><ref>{{Cite web |title=Millennium Management Global Investment |url=https://www.mlp.com/ |access-date=2023-03-24 |website=Millennium |language=en-US}}</ref>


He spent 12 years at Millennium as a statistical-arbitrage portfolio manager<ref>{{Cite web |title=The Fintech Finance 40: Igor Tulchinsky and Steve Lau |url=https://www.institutionalinvestor.com/article/b16fwn3bw3jjq6/the-fintech-finance-40-igor-tulchinsky-and-steve-lau |access-date=2023-03-24 |website=Institutional Investor |language=en-gb}}</ref> before he founded WorldQuant in 2007.<ref name=":0" /> WorldQuant has a global workforce of more than 850 employees across 23 offices in 13 countries with many locations in nontraditional financial centers, including [[Ramat Gan]], [[Budapest]], [[Mumbai]], [[Ho Chi Minh City]] and [[Seoul]].<ref name=":0" /> This is in line with Tulchinsky's stated belief that "talent is distributed equally around the world, opportunity is not."<ref name=":0" />
He spent 12 years at Millennium as a statistical-arbitrage portfolio manager<ref>{{Cite web |title=The Fintech Finance 40: Igor Tulchinsky and Steve Lau |url=https://www.institutionalinvestor.com/article/b16fwn3bw3jjq6/the-fintech-finance-40-igor-tulchinsky-and-steve-lau |access-date=2023-03-24 |website=Institutional Investor |language=en-gb}}</ref> before he founded WorldQuant in 2007.<ref name=":0" /> WorldQuant has a global workforce of more than 1,000 employees across 24 global offices,<ref>{{Cite web |title=How we work |url=https://www.worldquant.com/how-we-work/ |access-date=2023-07-17 |website=WorldQuant |language=en-US}}</ref> with many locations in nontraditional financial centers, including [[Ramat Gan]], [[Budapest]], [[Mumbai]], [[Ho Chi Minh City]] and [[Seoul]].<ref name=":0" /><ref>{{Cite web |title=Contact |url=https://www.worldquant.com/contact/ |access-date=2023-07-17 |website=WorldQuant |language=en-US}}</ref> This is in line with Tulchinsky's stated belief that "talent is distributed equally around the world, opportunity is not."<ref name=":0" />


In 2014, Tulchinsky founded WorldQuant Ventures, an early-stage investment vehicle that invests in tech companies with a particular focus on data analytics and finance.<ref>{{Cite news |title=Meet This Year’s Bloomberg 50 |language=en |work=Bloomberg.com |url=https://www.bloomberg.com/features/2017-bloomberg-50/ |access-date=2023-03-24}}</ref><ref>{{Cite web |last=Kutler |first=Jeffrey |date=13 November 2018 |title=Fintech Finance’s Power Players |url=https://www.institutionalinvestor.com/article/b1bt70t9gqz88y/Fintech-Finance-s-Power-Players |access-date=24 March 2023 |website=Institutional Investor}}</ref>
In 2014, Tulchinsky founded WorldQuant Ventures, an early-stage investment vehicle that invests in tech companies with a particular focus on data analytics and finance.<ref>{{Cite news |title=Meet This Year’s Bloomberg 50 |language=en |work=Bloomberg.com |url=https://www.bloomberg.com/features/2017-bloomberg-50/ |access-date=2023-03-24}}</ref><ref>{{Cite web |last=Kutler |first=Jeffrey |date=13 November 2018 |title=Fintech Finance’s Power Players |url=https://www.institutionalinvestor.com/article/b1bt70t9gqz88y/Fintech-Finance-s-Power-Players |access-date=24 March 2023 |website=Institutional Investor}}</ref>
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== Publications ==
== Publications ==
In 2018, he published ''The UnRules: Man, Machines and the Quest to Master Markets''.<ref>{{Cite web |title=THE UNRULES: MAN, MACHINES AND THE QUEST TO MASTER MARKETS |url=https://traderlife.co.uk/culture/books/the-unrules-man-machines-and-the-quest-to-master-markets/ |access-date=24 March 2023 |website=TraderLife}}</ref>
In 2015, Tulchinsky published ''Finding Alphas: A Quantitative Approach to Building Trading Strategies''<ref>{{Cite book |url=https://onlinelibrary.wiley.com/doi/book/10.1002/9781119571278 |title=Finding Alphas: A Quantitative Approach to Building Trading Strategies |date=2019-09-30 |publisher=Wiley |isbn=978-1-119-57121-6 |editor-last=Tulchinsky |editor-first=Igor |edition=1 |language=en |doi=10.1002/9781119571278}}</ref>, and in 2018, he published ''The UnRules: Man, Machines and the Quest to Master Markets''.<ref>{{Cite web |title=THE UNRULES: MAN, MACHINES AND THE QUEST TO MASTER MARKETS |url=https://traderlife.co.uk/culture/books/the-unrules-man-machines-and-the-quest-to-master-markets/ |access-date=24 March 2023 |website=TraderLife}}</ref><ref>{{Cite book |last=Tulchinsky |first=Igor |title=The Unrules: Man, Machines and the Quest to Master Markets |date=2018 |publisher=Wiley |isbn=978-1-119-37210-3 |location=Chichester, West Sussex, United Kingdom}}</ref>


In 2021, he wrote an article for the [[Milken Institute]] titled ''The Future of Work: Three Lessons in Driving Adaptability and Flexibility Across an Organization''.<ref>{{Cite web |title=The Future of Work: Driving Adaptability and Flexibility |url=https://milkeninstitute.org/article/adaptability-flexibility-future-work |access-date=2023-03-24 |website=milkeninstitute.org |language=en}}</ref> He authored an additional article in 2022 for the Institute with Daphne Kis, CEO of WorldQuant University, titled ''The Global Skills Gap: Bridging the Great Divide''.<ref>{{Cite web |title=The Global Skills Gap: Bridging the Great Divide |url=https://milkeninstitute.org/article/skills-gap-closing-worldquant |access-date=2023-03-24 |website=milkeninstitute.org |language=en}}</ref>
In 2021, he wrote an article for the [[Milken Institute]] titled ''The Future of Work: Three Lessons in Driving Adaptability and Flexibility Across an Organization''.<ref>{{Cite web |title=The Future of Work: Driving Adaptability and Flexibility |url=https://milkeninstitute.org/article/adaptability-flexibility-future-work |access-date=2023-03-24 |website=milkeninstitute.org |language=en}}</ref> He authored an additional article in 2022 for the Institute with Daphne Kis, CEO of WorldQuant University, titled ''The Global Skills Gap: Bridging the Great Divide''.<ref>{{Cite web |title=The Global Skills Gap: Bridging the Great Divide |url=https://milkeninstitute.org/article/skills-gap-closing-worldquant |access-date=2023-03-24 |website=milkeninstitute.org |language=en}}</ref>

Revision as of 15:46, 17 July 2023

Igor Tulchinsky is an investor, entrepreneur, venture capitalist, author and philanthropist.[1] He is the founder, chairman and CEO of WorldQuant, a global quantitative asset management firm with over $7 billion in assets under management that he founded in 2007.[2][3]

Early life and education

Tulchinsky was born in Minsk, Belarus. His parents were both professional musicians.[1] He immigrated in the 1970s to the US where he had the chance to learn more about finance and computer science.[4] He holds an MS in computer science from the University of Texas, and an MBA in finance and entrepreneurship from the Wharton School of the University of Pennsylvania.[5][6][1]

Career

Tulchinsky started his career in 1988 at AT&T Bell Laboratories, where he held the position of scientist for over three years. Prior to this, he spent time as a video game programmer.[1]

In the early 1990s, Tulchinsky worked as a trading strategist for Timber Hill (now part of Interactive Brokers), before moving to Millennium Management, an investment management firm that manages more than $57 billion in assets.[1][7]

He spent 12 years at Millennium as a statistical-arbitrage portfolio manager[8] before he founded WorldQuant in 2007.[1] WorldQuant has a global workforce of more than 1,000 employees across 24 global offices,[9] with many locations in nontraditional financial centers, including Ramat Gan, Budapest, Mumbai, Ho Chi Minh City and Seoul.[1][10] This is in line with Tulchinsky's stated belief that "talent is distributed equally around the world, opportunity is not."[1]

In 2014, Tulchinsky founded WorldQuant Ventures, an early-stage investment vehicle that invests in tech companies with a particular focus on data analytics and finance.[11][12]

In 2014, Tulchinsky founded WorldQuant University, a US-accredited not-for-profit university, which offers an entirely free online master's degree in financial engineering and a data science module.[13][1][14]

In early 2018, Tulchinsky founded WorldQuant Predictive, an artificial intelligence platform company that sells predictive analytics to corporate clients.[1]

Philanthropy

In 2017, Tulchinsky made a gift of $5 million to launch the WorldQuant Initiative for Quantitative Prediction at Weill Cornell Medicine.[15] This research initiative aims to enhance current methods used in precision medicine by combining molecular profiling with financial algorithms.[16] He is also a Board of Fellows member at Weill Cornell Medicine.[17]

Publications

In 2015, Tulchinsky published Finding Alphas: A Quantitative Approach to Building Trading Strategies[18], and in 2018, he published The UnRules: Man, Machines and the Quest to Master Markets.[19][20]

In 2021, he wrote an article for the Milken Institute titled The Future of Work: Three Lessons in Driving Adaptability and Flexibility Across an Organization.[21] He authored an additional article in 2022 for the Institute with Daphne Kis, CEO of WorldQuant University, titled The Global Skills Gap: Bridging the Great Divide.[22]

Tulchinsky also published an article for the World Economic Forum titled The age of prediction: How data and technology are driving exponential change.[23] He produced a further article for the Forum in 2023 titled Why learning to code should be a central part of the global education system.[24]

References

  1. ^ a b c d e f g h i j "Toss of a coin that made a one-time game developer top of the quants". Financial Times. 2022-12-16. Retrieved 2023-03-24.
  2. ^ "Who We Are". WorldQuant. Retrieved 2023-03-24.
  3. ^ Hope, Bradley. "With 125 Ph.D.s in 15 Countries, a Quant 'Alpha Factory' Hunts for Investing Edge". WSJ. Retrieved 2023-03-24.
  4. ^ "'Obstacles are nothing but information': WorldQuant's Igor Tulchinsky". World Economic Forum. Retrieved 2023-03-24.
  5. ^ "Igor Tulchinsky | Department of Computer Science". www.cs.utexas.edu. Retrieved 2023-03-24.
  6. ^ "Igor Tulchinsky - Agenda Contributor". World Economic Forum. Retrieved 2023-03-24.
  7. ^ "Millennium Management Global Investment". Millennium. Retrieved 2023-03-24.
  8. ^ "The Fintech Finance 40: Igor Tulchinsky and Steve Lau". Institutional Investor. Retrieved 2023-03-24.
  9. ^ "How we work". WorldQuant. Retrieved 2023-07-17.
  10. ^ "Contact". WorldQuant. Retrieved 2023-07-17.
  11. ^ "Meet This Year's Bloomberg 50". Bloomberg.com. Retrieved 2023-03-24.
  12. ^ Kutler, Jeffrey (13 November 2018). "Fintech Finance's Power Players". Institutional Investor. Retrieved 24 March 2023.
  13. ^ RosenbushEditor, Steve. "WorldQuant University Mints Masters of Financial Engineering". WSJ. Retrieved 2023-03-24.
  14. ^ Chaparro, Frank. "A hedge fund manager is supporting a free master's program in financial engineering". Business Insider. Retrieved 2023-03-24.
  15. ^ "WorldQuant Hedge Fund Deploys Scientists for Cancer Research". Bloomberg.com. 2018-05-02. Retrieved 2023-03-24.
  16. ^ "WorldQuant Initiative for Quantitative Prediction Established at Weill Cornell Medicine". WCM Newsroom. Retrieved 2023-03-24.
  17. ^ "Gift from Board Member Igor Tulchinsky to Support Weill Cornell Medicine's Strategic Needs". give.weill.cornell.edu. Retrieved 2023-03-24.
  18. ^ Tulchinsky, Igor, ed. (2019-09-30). Finding Alphas: A Quantitative Approach to Building Trading Strategies (1 ed.). Wiley. doi:10.1002/9781119571278. ISBN 978-1-119-57121-6.
  19. ^ "THE UNRULES: MAN, MACHINES AND THE QUEST TO MASTER MARKETS". TraderLife. Retrieved 24 March 2023.
  20. ^ Tulchinsky, Igor (2018). The Unrules: Man, Machines and the Quest to Master Markets. Chichester, West Sussex, United Kingdom: Wiley. ISBN 978-1-119-37210-3.
  21. ^ "The Future of Work: Driving Adaptability and Flexibility". milkeninstitute.org. Retrieved 2023-03-24.
  22. ^ "The Global Skills Gap: Bridging the Great Divide". milkeninstitute.org. Retrieved 2023-03-24.
  23. ^ "Why aren't we better at predicting the future?". World Economic Forum. Retrieved 2023-03-24.
  24. ^ "Why learning to code should be a central part of the global education system". World Economic Forum. Retrieved 2023-03-24.
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