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Registration Closing: Financial Risk and Network Theory 2016

Register today for Financial Risk and Network Theory 2016 taking place on 13-14 September (next week) at the University of Cambridge.

This year the program is of especially high caliber!

Hope to see you in Cambridge.

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Registration is now open for this year's "Financial Risk and Network Theory" conference, organized jointly by the Journal of Network Theory in Finance and the Centre for Risk Studies at the University of Cambridge.

The conference will bring together a unique mix of policy makers, industry practitioners and academics. The event will host over 30 sessions covering a wide range of applications of network theory in finance. 

Keynote and invited speakers include Dr Tuomas Peltonen from ESRB, Professor Guido Caldarelli, Professor Tomaso Aste, Professor Stefan Thurner, Professor Stefano Battiston, Professor Sheri Markose, Professor Peter Sarlin, Dr Serafin Martinez-Jaramillo from Central Bank of Mexico, Dr Dror Y. Kenett from the OFR, and many more.

More details are available on the Conference Website.

I look forward to seeing you in Cambridge, UK on 13-14 September 2016. Register now!

Financial institutions and markets are highly interconnected, but the literature that maps these interconnections and assesses their impact on financial risks and returns has only recently begun to emerge. The conference “Financial Risk and Network Theory 2016” organized in collaboration with the new Journal of Network Theory in Finance (JNTF), continues the successful conferences in 2014 and 2015 in generating new collaborations in this emerging multidisciplinary field.

The JNTF is an interdisciplinary journal publishing academically rigorous and practitioner-focused research on the application of network theory to finance and related fields. The journal aims to  bring together research carried out in disparate areas within academia, central banks, think tanks, and other research institutions. Its target audience are academics, policymakers, and industry practitioners who share an interest in financial networks.

Date: 13-14 September 2016
Location: Cambridge University, Cambridge, UK, Map

Authors are encouraged to submit both theoretical and applied papers on financial networks. Selected papers presented at the conference will be published in forthcoming issues of the journal. Topics include, but are not limited to, the research areas below:

The third issue of The Journal of Network Theory in Finance (JNTF) again shows the topical nature and wide applicability of network models. The issue features three papers covering topics related to financial stability, group lending and financial markets stress.

The first paper, "Too interconnected to fail: a survey of the interbank networks literature" by Anne-Caroline Hüser, reviews the literature on interbank networks with a focus on theoretical work. A substantial body of this literature has been developed since the financial crisis of 2007-8, and it has become clear that understanding interlinkages among financial institutions is critical for financial stability analysis. This review surveys the literature and identifies gaps in analysis. These gaps include the need to better combine theoretical models with empirical findings on real topologies in order to better understand indirect linkages or channels of contagion that manifest themselves through fire sales or credit risk transfers, and to establish better links to the more established macrofinance literature that is tackling similar problems. The review highlights the advances made in recent years and will be of great interest to policy makers. I would mention one additional gap in current research: It is critical to develop insights into how modeling results can be translated into effective policy decisions if this research is to find wide application.

We are proud to announce the release of FNA Platform 3.0, the enterprise engine for financial network analytics and visual dashboards. The FNA Platform offers a comprehensive end-to-end solution for operationalizing the monitoring of various financial networks ranging from counterparty exposures to interconnected financial markets. Our vision is that the platform provides the central infrastructure for many new applications by FNA and our partners.

FNA Platform 3.0 is built for monitoring and analyzing exposure networks, CDS networks, payment networks, correlation networks, and many other interconnected financial systems.

* Contains over 200 different graph and network metrics with full documentation and tutorials
* Includes specialized algorithms developed in recent research - e.g SinkRank, DebtRank, Core Periphery, etc.
* Can tap to data from various online sources and connect to enterprise databases or data in csv files
* Allows automation of all analytics with scripts, schedulers and via a REST API
* Is available online, as an enterprise software and on a local installation for research purposes
* Offers a wide range of user administration and security features (e.g. SSL)

Contact us for a full demo. 

FNA Applications and consulting work by Financial Network Analytics and our partners are developed using the computational and visualization capabilities of the FNA Platform. A few previews of applications being built using the platform include:

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Registration is now open for this year's "Financial Risk and Network Theory" conference.

Date: 8 September (pre-conference) and 9 September 2015 (main event)

Location: University of Cambridge Judge Business School, Trumpington Street, Cambridge CB2 1AG

The conference is organized jointly by the Journal of Network Theory in Finance and the Centre for Risk Studies at the University of Cambridge. It will bring together a unique mix of policy makers, industry practitioners and academics. The event will host over 30 sessions covering a wide range of applications of network theory in finance. Keynote speakers include Professor Stefano Battiston from University of Zurich, Mark Flood from the Office of Financial Research and Sanjay Sharma from RBC. More details are available on the Conference Website.

I look forward to seeing you in Cambridge. Register now!

Financial Risk and Network Thoery

Financial institutions and markets are highly interconnected, but the literature that maps these interconnections and assesses their impact on financial risks and returns has only recently begun to emerge. The conference “Financial Risk and Network Theory 2015” organized in collaboration with the Journal of Network Theory in Finance (JNTF), continues the successful inaugural conference of 2014 in generating new collaborations in this emerging multidisciplinary field.

The JNTF is an interdisciplinary journal publishing academically rigorous and practitioner-focused research on the application of network theory to finance and related fields. The journal aims to  bring together research carried out in disparate areas within academia, central banks, think tanks, and other research institutions. Its target audience are academics, policymakers, and industry practitioners who share an interest in financial networks.

Conference date: 9 September 2015
Conference location: Cambridge University, Cambridge, UK
Website: http://www.risk.jbs.cam.ac.uk/...

Authors are encouraged to submit both theoretical and applied papers on financial networks. Selected papers presented at the conference will be published in forthcoming issues of the journal. Topics include, but are not limited to, the research areas below:

The Journal of Network Theory in Finance is being launched at a time of ever-increasing connectivity and complexity in financial markets and in the financial system. This complexity is currently being tackled by regulators, who collect ever-more-detailed information on links between financial institutions for macroprudential supervision, by asset managers, who need to understand the complex time-varying dynamics of interdependencies in financial markets, and by risk managers, who want to understand how emerging systemic risks can be identified as they cascade through the financial markets.

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In recent years, network theory has proven useful in applications ranging from cancer research to the social graph. Applications of network theory are quickly becoming ever more present in finance, with network analysis providing answers to questions where traditional analysis methods are weak, and leading to improved models across wide types of financial risks. In fact, networks underlie virtually every type of risk, including liquidity, operational, insurance and credit risk.

On 3 February FNA co-hosted a seminar in New York on Managing Emerging Systemic Risks. The PRMIA event attracted over 130 registered risk professionals, great presentations and a lively discussion.

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Alan Laubsch from FNA kicked off the evening with his talk on the "Systemic implications of the Global Energy Meltdown". Alan looked for early warning signals using FNA's HeavyTails application. He was followed by Sanjay Bharwani from Risk Advisors discussing "Risk in the Investment decision process". Sanjay emphasized the need to incorporate risk thinking into investement decisions. The third talk was by Andrew Coburn from the Center for Risk Studies at Cambridge University. Andrew discussed the center's research on Measuring Economic and Financial Impacts of Pandemic and other catastrophy scenarios.

On 23 September, the Cambridge Center for Risk Studies hosted the inaugural conference of the new Journal of Network Theory in Finance (JNTF). The conference audience was as diverse as we hope submissions to JNTF will be, with participants from both industry and academia in areas ranging from security to supply chains to statistics. The conference had over fifty papers submitted, and presenter bios and abstracts are available here. Keynote presentations covered topics including validation of similarity-based networks, monitoring change in complex financial networks, policy, stress testing, and catastrophe modeling, while parallel sessions in the afternoon covered the broad areas of systemic risk, interbank networks, social network analysis in finance, correlation networks, banking networks, and macro networks.
 

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Welcome to FNA Knowledge Center

The FNA Knowledge Center is a focal point for resources in Network Theory in Finance. The analysis of financial networks is a new and growing field that enhances our understanding of linkages in financial markets and infrastructures. 

For rigorous and practitioner focused research on the application of network theory in finance, pleaser refer to the Journal of Network Theory in Finance.

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