A Look at Building Cloud Applications for Portfolio Optimization and AI Based Stress Testing
Speaker:
Curt Burmeister, IBM
Date and Time:
Tuesday, November 13, 2018 - 11:50am to 12:40pm
Location:
Fields Institute, Room 230
Abstract:
Financial risk innovation comes in many forms, from risk models and methodologies to underlying risk infrastructure. Today, both fintechs and financial institutions are developing next-gen applications that are designed to run on the cloud. The business benefits include: dynamic provisioning of services, high availability, and costs that scale up and down with usage patterns. As firms look at potential use cases for the cloud, two topics that are generating lots of interest are portfolio optimization and AI based stress testing. This session will look at specific use cases for these two topics and provide practical insights into the effort required to build native cloud applications.