WebSim has a number of features that can help lead participants along a path to success in the WorldQuant Challenge®. Explore below some of the key differentiators of WebSim and how it can help users be considered for Research Consultant opportunities.
Easy to Get Started
No prior knowledge of finance or programming language is required — just an interest in financial markets and quantitative way of thinking. We provide simple steps and plenty of training videos to help users get started.
Top performers in the WorldQuant Challenge® have an opportunity to become Research Consultants with WorldQuant. Research consultants may be eligible for a share in the net PNL derived from their Alpha, or a different method of compensation, as specified in the consulting agreement when these Alphas are used for trading.
Wealth of Information
Through WebSim, users will have access to a robust set of information, data and tools not available through other platforms.
The extensive financial and statistical function library helps users process data at different levels of complexity in order to find robust signals. WebSim also provides access to non-traditional datasets, aggregated from multiple data providers. Users can learn from seasoned industry professionals through interactive Webinars and sessions, as well as a curated list of research papers, books and materials that are updated periodically.
Ease of Use
WebSim’s intuitive platform allows users to test their Alphas through a simple expression-based syntax, evaluate performance through standardized metrics, review a complete history of all their trading signals and access extensive documentation and other valuable tools required for building quantitative trading signals.
All users have the option to participate in global or regional competitions where they compete based on their ideas. Competition results can be viewed on a user, university or country level.
Global participants can use WebSim’s collaborative forum to discuss ideas, develop best practices and ask and answer questions. Users also have access to our experts for a one-to-one consultation.