Exploration Workshop II on Financial Risk Modeling

Tuesday, October 20, 2009 - 9:30am to Thursday, October 22, 2009 - 4:59pm

Agenda - October 20:

9:00 Continental Breakfast

9:30 Welcome
Alan Karr, Director NISS and Professor of Statistics and Biostatistics, University of North Carolina at Chapel Hill
Mark Levonian, Senior Deputy Comptroller, Economics, OCC

9:45 Market Risk
Peter Carr, Director of the Masters in Math Finance program at NYU's Courant Institute and Head of Quantitative Financial Research at Bloomberg LP

10:35 Systemic Risk
Til Schuermann, Head of Financial Intermediation Function, Federal Reserve Bank of New York

11:20 Market View of Systemic Risk
Topic: Overcrowding and leverage in the markets and systemic risk
Rick Bookstaber, formerly Manager of Quantitative Equity Fund at FrontPoint Partners, Risk Manager at Moore Capital Management., Managing Director for firm-wide risk management at Salomon Brothers

12:10 Lunch

1:15 Market and Systemic Risk
Andrew Lo, Harris & Harris Group Professor, Sloan School of Management at MIT Director, MIT Laboratory for Financial Engineering

2:00 Systemic Risk
Andrew Kuritzkes, Senior Partner at Oliver Wyman. Formerly Vice Chairman of Oliver, Wyman & Company

2:45 Statistical View of Systemic Risk
S.J. Koopman,, Professor of Econometrics, Vrije Universiteit Amsterdam

3:30 Break

4:00 Panel Discussion - Intersection of Market Risk, Systemic Risk & Statistics

Panelists: Michael Sullivan, (Moderator) Director, Market Risk Analysis Division, OCC; Richard Davis, Professor of Statistics, Columbia University; Akhtarur Siddique, Enterprise Risk Analysis Division, OCC; Jianqing Fan, Frederick L. Moore Professor of Finance, Princeton University;   Bonnie K. Ray, Manager, Risk Analytics, IBM, TJ Watson Research Center.

5:15 Discussion of Wednesday's Agenda

5:30 Adjourn

Day 2 - October 21 - by pre-registration only

8:30 Continental Breakfast

9:00 Speakers' Round Table: Synthesis and Directions

10:15 Charge to Writing Groups  -  "Focusing the Challenges for Next Generation Models"
(1=Overview, 2&3=Market Risk Modeling, 4&5=Systemic Risk Modeling)

10:30 Break

10:45 Writing Groups

12:30 Lunch

1:30 Writing Groups

3:00 Break

3:30 Group Progress Presentations

5:00 Adjourn

Hotel Information: 

A block of rooms has been reserved at the Residence Inn by Marriott Capitol.  The single rate is $233.00/night.  Please call 202-484-8280 to book your room.  The cut-off date is September 30, 2009.

 

Event Type

Location

Office of the Comptroller of the Currency, Washington, DC
United States