IAFE is now IAQF

Andy Nguyen

Member
The International Association of Financial Engineers (IAFE) recently changed its name to International Association for Quantitative Finance (IAQF). The change is a reflection of the increasingly popular use of the term "quantitative finance" where "financial engineering" used to be.

The press release is below.
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The Board of Directors of the International Association of Financial Engineers is pleased to announce our new name

October 11th, 2013
New York City

The Board of Directors of the International Association of Financial Engineers is pleased to introduce the new name for the organization: The International Association for Quantitative Finance (the IAQF)

Founded in 1992, the IAFE has been a leader in educating the field of finance in Financial Engineering and Quantitative Finance. As the field has developed over the years with more professionals and students then ever using these methods in their daily work the organization's reach has expanded. It is with that in mind that we are pleased to announce our new name to further align with the breadth of Quantitative Finance.

Richard Lindsey, Board Chairman, commented "The renaming of the organization to the IAQF reflects the growth and development of the quantitative finance community. Quantitative Finance now permeates every aspect of our financial markets - from trading to infrastructure to pricing to governance to regulation. This change recognizes that quantitative techniques, thinking, and analysis now reach far beyond the traditional derivatives applications. The Board looks forward to broadening our scope and offering our membership even more choices."

In addition to the IAQF, the Fischer Black Memorial Foundation will continue to run under its current name. Named in honor of an original Senior Fellow of the organization and a father of Quantitative Finance, the foundation is the home for our student programs. These include the popular "How I Became A Quant" series, along with an annual Career Fair, and a Committee of Academics and Program Directors in the Field.
 
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