[Cite as http://purl.org/au-research/grants/arc/DP0559879]
Researchers Prof E Platen; Prof A Novikov; Dr E Schlogl
Brief description Managing financial risks more safely, efficiently, and over longer time horizons is of particular importance in Australia, where - through superannuation - nearly everyone is exposed to the ups and downs of the financial markets. To name a specific example, the project will provide the technology to manage the risk of long-term return guarantees for superannuation funds. More generally, results of the project will allow regulatory authorities to accurately judge the risk profile of financial institutions, insurance companies and funds. The new generation of quantitative financial methods will benefit both Australian financial institutions and sectors of Australia's IT industry developing innovative risk management software.
Funding Amount $265,000
Funding Scheme Discovery Projects