section_path: Areas of finance/Quantitative finance
section_name: Quantitative finance
paragraph_text: Quantitative finance
  
  Quantitative finance—also referred to as "mathematical finance"—includes those finance activities where a sophisticated mathematical model is required, and thus overlaps several of the above.
  
  As a specialized practice area, quantitative finance comprises primarily three sub-disciplines; the underlying theory and techniques are discussed in the next section: