Complex sentence: An alpha generation platform is a technology solution used by quantitative analysts (quants) to develop financial models and create consistent alpha, or absolute returns, i.e., the process of alpha generation refers to generating excess return.
Split into simpler sentences: An alpha generation platform is a technology solution used by quantitative analysts (quants) to develop financial models and create consistent alpha, or absolute returns. Of note, the process of alpha generation refers to the process of generating excess return.