Columbia University School of Professional Studies presents
A Panel Discussion with Professor Sharyn O’Halloran, Thomas Deely, and Guests

A key issue for regulators and the financial service industry is mitigating systemic large-scale counterparty risk. Currently, individual financial institutions and regulators conduct systemic risk exposure analysis using proprietary models and data protocols absent any agreed upon baseline, best practices or public scrutiny. Without industry standards, shared benchmarks, or means to validate results, the impact of alternative policy interventions on the overall risk in the financial system remains uncertain.

This initiative showcases new open source analytical tools that develop highly granular trade and cross-asset class risk simulation and aggregate at the counterparty level. Bringing large-scale open source risk models to the public domain will enable a standard-based approach that facilitates research and greater understanding of the impact that policy levers have on the financial system.

Questions? Please contact: spsalumni@columbia.edu

Sponsors:

Quaternion Risk Management
tullett prebon information
Columbia School of Professional Studies
Columbia Business School
Columbia University Data Science Institute
Columbia Law school
Columbia School of International and Public Affairs

Moderator:
Ben McLannahan
US Banking Editor
Financial Times

Panelists:
Emanuel Derman
Director of the MS Program in Financial Engineering
Professor of Professional Practice
Industrial Engineering and Operations Research, Columbia University

Paul Glasserman, PhD
Jack R. Anderson Professor of Business
Decision, Risk, and Operations Research Director
Program for Financial Studies
Columbia Business School

Brian Ruane
CEO of Broker-Dealer Services & Head of Banks
Broker-Dealer and Investment Advisors Market and Alternative Asset Manager Segments
Bank New York Mellon

Mayur Thakur
Managing Director of Compliance Analytics
Goldman Sachs

Sharyn O’Halloran, PhD
George Blumenthal Professor of International and Public Affairs
Chief Academic Officer
Columbia University School of Professional Studies