Global Risk Institute supports Quantitative Finance with Workshop at Fields Institute

TORONTO, Oct. 25, 2013 /CNW/ - Following its previous support for Fields workshops in 2012, the Global Risk Institute for Financial Services (GRI) is pleased to announce its sponsorship of the next quantitative finance workshop at the Fields Institute.

The Quantitative Finance Retrospective Workshop takes place in Toronto between October 27 - 30, 2013, and marks a further step in the development of the relationship between GRI and the Fields Institute.

"We are very pleased to be able to collaborate with The Fields Institute on this important initiative in the field of quantitative finance", said Dr. Michel Maila, President and CEO of GRI. "Building on progress in a number of aspects of quantitative finance over the past three years, this workshop will produce novel insights on risk issues of interest to GRI members such as model risk and systemic risk."

The purpose of this four-day workshop is to bring together top researchers worldwide for a retrospective of the Thematic Program that took place at the Fields Institute from January to June 2010 and covered the entire spectrum of Quantitative Finance up to then.

In the three years since the Thematic Program, Quantitative Finance has developed in new directions while continuing to expand in the established channels. Some of the notable new areas are counterparty credit risk, the development of robust methods and the inclusion of Knightian uncertainty in models, the role of backward stochastic differential equations, the study of algorithmic trading and the limit order book, the impact of behavioural finance, liquidity, multi-agent modelling, and ever increasing tie-ins with macroeconomics and systemic risk.

With that aim in mind, some of the biggest thinkers in the subject will give forward-looking talks with a broad perspective on crucial issues, ranging from the technical to the conceptual.

Notes to Editors:

1. About the Global Risk Institute in Financial Services: Founded by representatives from Canada's private and public sectors, the Global Risk Institute in Financial Services enables financial institutions, policy-makers and regulators to better manage the balance between risk and opportunity. Its mandate is the provision of applied research and education programs that build risk capacity and stimulate evidence-based debate for all those engaged in risk management in the financial services sector around the world. www.globalriskinstitute.com

SOURCE: Global Risk Institute

Communications Officer 
The Fields Institute 
Tel: [phone] ext 3024 
E: [email protected] 

James Wood
Managing Director, Communications
Global Risk Institute in Financial Services
Tel: [phone]
E: [email protected]