RiskLab is a research center focused on Risk Management.
This research laboratory conducts joint university-industry research initiatives in the area of risk management, and is part of the international network of RiskLabs. Also providing the financial industry with a unique opportunity for addressing the sector’s critical need for cutting edge research as well as highly qualified personnel. Through industry-sponsored projects, faculty, postdoctoral fellows and graduate students, can develop an interaction with practitioners from financial institutions in a way which may not be possible through more traditional academic programs.
The main objective is to achieve leadership in the development of projects in the financial sector through financial math to support institutions and universities.
The laboratory located within the University of Toronto has the support of prestigious teachers as well as motivated students, along with the direction of Professor Luis Seco. The Government of Canada, more specfically, with the collaboration of the Ministers of Industry recognized the effort of RiskLab in 2007 with NSERC SYNERGY prize. A recognition of the successful project between universities and companies
The first RiskLab was created in 1994 at Eidgenössische Technische Hochschule Zürich in Zurich, Switzerland. In 1996, another one was created independently at the University of Toronto, this time sponsored by the private company Algorithmics Incorporated.
Shortly afterwards, and also in partnership with Algorithmics Inc, others were created in Munich (1997), at Cornell University (1998), at Cambridge University (1998), at the Universidad Autonoma de Madrid (2000), and at the Cyprus International Institute of Management, in Nicosia (2001). Risklab China Research Center was also created in 2006. Further, in 2013, a Finnish section of Risklab was independently created at Åbo Akademi University in Turku and Arcada University of Applied Sciences in Helsinki. In 2010, growing out of the RiskLab international network, RiskLabs built the strategic alliance named RiskLab Global. The ethos of all existing RiskLabs is a fusion of academic research, industrial innovation and governmental oversight in financial risk management.
RiskLab Finland, Arcada
Jan-Magnus Janssons plats 1,
00560 Helsinki, Finland
c/ Faraday, 7, Local D2.7
Campus de Cantoblanco
Universidad Autónoma de Madrid
Ctra. Colmenar, Km.15
RiskLabs Around the World
Throughout the professional aspect of RiskLab, they have developed projects in different areas such as the involvement with banks, investment managers, and financial service companies.
-The University of Toronto RiskLab endorses PRMIA Certification. ( Read more )
-Important Research about the Applied Mathematics Laboratory.
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