Problems associated with the prediction of risk in finance present challenges of definition and implementation. Despite many years of effort, much remains to be done, and with this in mind, it is proposed to hold a short meeting at the Isaac Newton Institute for Mathematical Sciences to bring together academics and industry participants in an attempt to identify objectives and avenues for further exploration.
The mathematical sciences play an increasingly important role in the measurement, monitoring and management of risk in today’s increasingly complex financial markets and institutions. There is a need for a better and more sophisticated approach to this area and so it is more important than ever to explore new research approaches for facing current challenges.
The Turing Gateway to Mathematics and the University of Cambridge's Statistical Laboratory are holding a half-day workshop on mathematics for the prediction of financial risk on Wednesday 12 March 2014. With contributions from Deloitte and Barclays, this workshop will present state of the art mathematical approaches and real-life examples of the issues and techniques used from insurance and banking perspectives. Other finance experts from the University, such as econometricians, will also be on hand to offer contributions. A mini-stats surgery and discussion session will also be included, along with opportunities to network during the drinks reception.Register now
Aims and Objectives
- To present a range of current issues and challenges around the prediction of financial risk
- To provide sufficient business context, in order that experts in mathematics and statistics can contribute usefully to the solution of business problems
- To create a forum of excellence towards facilitating better consensus as to challenges and the mathematical methods needed to solve them
Please see the Isaac Newton Institute A-Z for further information about the venue.