The IAS is hosting a one-day think tank on “the use of Complexity Science Methods for the Inclusion of Systemic Risk in the Valuation and Risk Management in Financial Markets". The think tank will consist of a keynote talk from Prof. Doyne Farmer (University of Oxford), invited talks from a wide variety of experts, and a brainstorm session to explore potential future research directions.
|Start date||7 June 2017|
|End date||8 June 2017|
Systemic risk refers to the risk of a collapse of an entire financial system or entire market, which is in contrast with a collapse of the entire financial system or the entire market. Derivatives markets play a crucial role in the interconnectedness of financial systems. Today a large volume (with outstanding notional amounts in trillions of USD) of financial derivatives on a wide range of asset classes are actively being traded between financial institutions, corporate and individual investors.
After the global financial crisis of 2008, there has been a significant research interest in using complex systems as a modeling paradigm for systemic risk. The objective of the think tank is to investigate methodologies for financial network construction and potential applications of complexity science for the pricing and risk management in financial markets.
The event is sponsored by the Netherlands Platform Complex Systems (NPCS).