Workshop on Knowledge Representation and Information Management for Financial Risk Management
Conference Registration
To ensure that we have a fruitful mix of computer scientists, information researchers, and financial economists, as well as
a good balance of industry experience and research expertise, the conference is invitation-only.
Conference Participants
Lewis Alexander
U.S. Treasury
Lewis is counselor to the Secretary at US Treasury. Prior to joining US Treasury, Lewis served as Chief Economist and head
of the Economic and Market Analysis (EMA) department of Citigroup Global Markets. Prior to joining Citigroup, Lewis had a
long career at the Board of Governors of the Federal Reserve System, where he served most recently as Deputy Director of the
Division of International Finance. Lewis was also an Associate Economist of the Federal Open Market Committee. Earlier, he
served as Chief Economist of the U.S. Department of Commerce (1993-96) and was a consultant to the Bank for International
Settlements (1988-89). Lewis received his Ph.D. in Economics from Yale University in 1987, after obtaining an
M.Phil. from
Yale in 1985. Previously, he obtained an A.M. (1979) and an A.B. (1978) in Economics from Stanford University.
Richard Anderson
Federal Reserve Bank of St. Louis
Richard Anderson holds a Phd from MIT and BA from University of Minnesota. His primary area of interests is in Macroeconomics
and Econometrics and has remained an Economist in the Divsion of Monetary Affairs with the Board of Governors
of the Federal
Reserve System. He has published numerous articles on Finance and Economics and has been a professor at Virginia
Tech University,
Ohio University, University of Michigan.
Mike Atkin
Enterprise Data Management Council
Mike has been a professional facilitator and financial information industry advocate for over 20 years. He is currently the
Managing Director for the Enterprise Data Management Council – a business forum for financial institutions, data
originators
and vendors on the strategy and tactics of managing data as an enterprise-wide asset. Mike is an active participant
in standards
initiatives and has been involved with many organizations including the Reference Data Coalition (REDAC), the
Securities and
Financial Information Markets Association (SIFMA), the Association of National Numbering Agencies (ANNA) and the
UK Reference
Data User Group (RDUG). He was also a member of the SEC’s Advisory Committee on Market Data and a member of both
ISO TC68
and ANSI X9D. Mike has been the Managing Director of the EDM Council since February 2006.
Mike Bennett
Hypercube
Mike Bennett is the Head of Semantics and Standards at the EDM Council, and is responsible for the development and maintenance
of the Council's Semantics Repository of securities terms and definitions. Mike has been involved in a number
of standards
initiatives in the financial services industry including MDDL, TWIST, FIX, ISO 20022 and the ISO FIBIM data model
among others.
During that time Mike has championed business and semantics oriented requirements management for standards. Prior
to working
in the financial sector Mike worked in industrial software development, principally around quality process management.
David Blaszkowsky
Securities and Exchange Commission
David Blaszkowsky David Blaszkowsky is the first Director of the Office of Interactive Disclosure at the Securities and Exchange
Commission, named to the position by SEC Chairman Christopher Cox in October 2007. In the position, Blaszkowsky
will be reponsible
for leading the SEC's transformation to interactive financial reporting by public companies. Specifically, he
will coordinate
the agency-wide disclosure modernization program, and will work with investor groups, analysts, journalists, and
preparers
of financial statements as well as other key public and private sector stakeholders in the United States and around
the world
to advance the use of interactive data in financial reporting.
Prior to joining the SEC, Blaszkowsky spent 11 years at McGraw-Hill, including seven years with the firm’s Standard
& Poor’s
division. At S&P, he served as Director of Global Market Development for Institutional Market Services, and as
Senior Director
in Equity Research Services, where he led S&P’s Corporate Markets and Investor Relations Services businesses.
Previously, Blaszkowsky was Manager of Finance and Planning for Fidelity Investments, and was a Senior Business
Analyst for
McKinsey & Company. He also served as a senior consultant and manager for the Price Waterhouse Strategic Consulting
Group
and Gemini Consulting.
Blaszkowsky holds a B.A. in Economics from the University of Chicago and an MBA from Northwestern’s Kellogg School
of Management.
He is a member of the National Investor Relations Institute and the Canadian Investor Relations Institute, and
has presented
to professional organizations and government regulators on many occasions in the U.S. and overseas.
Willi Brammertz
Brammertz Consulting
Dr. Brammertz obtained his PhD in Economics from the University of Zurich. His doctoral thesis discussed the elementary parts
of finance, from which various financial analysis can be simply derived Dr. Brammertz is continually refining
and developing
this concept while maintaining the foundation laid in his thesis. In 1992, together with Dr. Juerg B. Winter,
he founded IRIS
integrated risk management ag. At first, he focused on consulting projects in the area of Asset and Liability
Management,
implementing external systems at several banks. Beginning in 1996, he applied his insights from his doctoral thesis
as the
Chief Technology Officer by creating riskpro™.
In 2008, Iris was sold to FRSGlobal, a leading provider of regulatory reporting in the banking sector. Dr. Brammertz,
now
an independent consultant, regularly speaks at international conferences on risk management and regulatory compliance
and
has published numerous articles. In 2009, Wiley & Sons published Dr. Brammertz’s first book, “Unified Financial
Analysis –
the missing links of finance”. Dr. Brammertz wrote his book, which is co-authored by distinguished colleagues,
based on his
more than twenty years of experience in financial analysis.
Andrea Cali
U. of Oxford
Andrea Cali is a Research Fellow at the Oxford-Man Institute and at the Computing Laboratory, University of Oxford. He holds
a PhD in Computing Engineering and an MSc ("Laurea") in Electrical Engineering, both from the University of Rome
"La Sapienza".
Before joining the Oxford-Man Institute, he was assistant Professor in Computer Science at the free Unviersity
of Bolanzo.
His Research interests include database theory, knowledge representation, information integration, logics and
its applications
to databases, reasoning on ontologies, web and mobile information systems, hidden web querying systems, and mobile
systems
for social networking. One of his main current lines of research is into applications of ontology querying and
web data extraction,
to build and compare different financial indices based on information extracted from the web.
Sandra Cannon
Board of Governors of the Federal Reserve
Sandra “San” Cannon is an Assistant Director of the Division of Research and Statistics at the Federal Reserve Board. She
oversees groups responsible for the maintenance of both aggregate time series and microdata from private and government
data
providers. Her staff is charged with documenting, securing, organizing, storing and disseminating the data, metadata
and
related products to Board and Federal Reserve System staff. She helps architect data storage and delivery mechanisms
for
internal use, addresses governance and licensing issues for data, and oversees the dissemination of research content
on the
Board’s public web site. She collaborates with staff at other U.S. statistical agencies, international agencies
and other
central banks on issues pertaining to data management and data dissemination. San holds a B.S. in Economics from
the University
of California, Irvine, an M. Sc. in Economics from the London School of Economics and a Ph. D. in Economics from
the University
of Wisconsin, Madison.
Theresa DiVenti
U.S. Department of HUD
Dr. Theresa DiVenti is a senior economist with more than twenty years experience in mortgage finance and mortgage insurance
specializing in issues related to the housing government-sponsored enterprises, Fannie Mae and Freddie Mac. Her
other work
includes creating HUD's newly formed Interagency Housing Statistics Task Force. Some key objectives of this task
force are
to identify critical housing policy issues that lack data for analysis, provide recommendations for resolving
any gaps, and
coordinate existing data collection efforts across government agencies with particular emphasis on overlaps.
She lead the
effort to define, construct, and fund a new survey, the Rental Housing Finance Survey, a $6,000,000 bi-annual
effort that
will be administered by Census in Spring 2011. Dr. DiVenti is a member of the interagency task force developing
the National
Mortgage Database (NMDB) headed by Freddie Mac and the Federal Reserve Board. The goal of the NMDB is to be the
definitive,
publicly available source of data for answering a broad array of housing and mortgage finance questions.
Michael Donnelly
U.S. Treasury
Mark Flood
U. of Maryland, R. H. Smith School of Business
Dr. Flood is currently a Senior Financial Economist with the Federal Housing Finance Agency in Washington, D.C. and a Visiting
Assistant Professor of Finance at the R. H. Smith School of Business at the U. of Maryland. He did his undergraduate
work
at Indiana University in Bloomington, where he majored in finance (B.S., 1982), and German and economics (B.A.,
1983). In
1990, he received his Ph.D. in finance from the University of North Carolina at Chapel Hill. He has been a research
economist
at the Federal Reserve Bank of St. Louis, an Assistant Professor of finance at Concordia U. in Montreal, a Visiting
Assistant
Professor of Finance at the U. of North Carolina at Charlotte, and a Senior Financial Economist in the Division
of Risk Management
at the Office of Thrift Supervision. He is also a founding member of the Committee to Establish the National Institute
of
Finance, a hedge fund consultant, and a senior partner in ProBanker, an online training simulation. His research
interests
include risk management, financial data and information, financial markets and institutions, securities market
microstructure,
and bank market structure and regulatory policy. His research has appeared in the Review of Financial Studies,
Quantitative
Finance, the Journal of International Money and Finance, and the St. Louis Fed’s Review, among others.
Darryl Getter
Congressional Research Service
Darryl E. Getter is a Specialist in Financial Economics at the Congressional Research Service of the Library of Congress.
His topic areas include consumer credit markets, banking, fair lending regulation, and systemic risk. Dr. Getter
is also
an adjunct professor in the Economics Department at the University of Maryland--Baltimore County where he teaches
classes
in real estate economics and derivative securities. He has served as an assistant professor of economics at the
U.S. Naval
Academy, and later as a visiting economist at Freddie Mac working on consumer financial literacy issues. He later
worked
as a financial economist at the U.S. Department of Housing and Urban Development in the Office of Policy Development
& Research
and for the Federal Housing Administration program. He received his Ph.D. in economics from Washington University
in St.
Louis.
Benjamin Grosof
Vulcan Inc.
Benjamin Grosof is a senior research program manager at Vulcan Inc., the parent company of Paul G. Allen (co-founder of Microsoft).
There he conceived and leads a new large research program in the area of rule-based semantic technologies and
artificial intelligence,
aiming to be a game changer for knowledge representation and question answering. In addition, he has a part-time
expert consulting
business, advising companies large and small on technology and related strategy. Previously he was an IT professor
at MIT
Sloan (2000-2007) and a senior software scientist at IBM Research (1988-2000). He has pioneered semantic technology
and standards
for rules, their combination with ontologies, their application in e-commerce and business policies, and business
roadmapping
of the Semantic Web. He co-founded the influential RuleML industry standards design effort and prototyped it in
SweetRules,
the main bases for the W3C Rule Interchange Format standard now in last phase of finalization. He was lead inventor
of the
rule-based technique which rapidly became the currently dominant approach to commercial implementation of W3C
OWL (Web Ontology
Language) and the main basis of its RL (Rules Profile) standard, and of several other fundamental technical advances
in knowledge
representation. His background includes three major industry software releases, two years in software startups,
a Stanford
PhD, a Harvard BA, and over 50 refereed publications
Le Gruenwald
National Science Foundation
Dr. Le Gruenwald is a Program Director at National Science Foundation and a David W. Franke Professor of the School of Computer
Science at the University of Oklahoma. She received her PhD degree in computer science from Southern Methodist
University
in 1990. Prior to joining OU, She worked for White River Technologies as a Software Engineer, Southern Methodist
University
as a faculty member in the Computer Science and Engineering Department, and NEC America, Advanced Switching Laboratory
as
a Member of the Technical Staff in the Database Management Group. Dr. Gruenwald's major research interests include
Mobile
and Sensor Databases, Data Security, Privacy and Confidentiality, Stream Data Management, Data Mining, Real-Time
Distributed
Databases, Autonomic Data Management, Multimedia Databases and Web Databases. She has published more than one
hundred technical
papers in books, journals, and conference proceedings.
Walter Hamscher
Securities and Exchange Commission
Walter Hamscher is responsible for specifications and design of Interactive Data systems including EDGAR submission and dissemination,
on the technical staff of the Office of Interactive Disclosure in the Risk, Strategy and Financial Innovation
at the US Securities
and Exchange Commission. He was an architect of the XBRL US GAAP Taxonomies and responsible for quality control
in the COREP
(COmmon REPorting) taxonomies project of the Committee of European Banking Supervisors (CEBS). He has led and
assisted with
planning, design, and implementation of XBRL and XML systems in China, Japan, the Netherlands, Singapore, Spain,
United Kingdom
and the United States. He has worked with stock exchanges, bank supervisors, central banks, company registrars,
government
agencies, and multinational corporations. As the Chair of XBRL International Steering Committee from 2002-2004
Walter Hamscher
was responsible for overall direction of content standards, technical specifications, marketing and communication,
development
of new international chapters, finance and administration of for the XBRL consortium an organization that grew
during his
term from 200 to over 350 corporate and government members in the US, Japan, Germany, UK, Canada, Australia, Singapore
and
a dozen other countries. He is Co-author of several XBRL specifications. Walter holds a Ph.D. in Electrical Engineering
and
Computer Science from MIT.
H. V. Jagadish
U. of Michigan
H. V. Jagadish is a Professor of Computer Science and Engineering at the University of Michigan in Ann Arbor. After earning
his PhD from Stanford in 1985, he spent over a decade at AT&T Bell Laboratories in Murray Hill, N.J., eventually
becoming
head of AT&T Labs database research department at the Shannon Laboratory in Florham Park, N.J. He has also served
as a Professor
at the University of Illinois in Urbana-Champaign.
Professor Jagadish is well-known for his broad-ranging research on databases, and has over 80 major papers and
20 patents.
He is currently the founding editor of the ACM SIGMOD Digital Review. Among many professional positions he has
held, he has
previously been an Associate Editor for the ACM Transactions on Database Systems (1992-1995) and Program Chair
of the ACM
SIGMOD annual conference (1996).
Alan King
IBM Research
Alan King is a research staff member with the Mathematical Sciences department at IBM's Thomas J Watson Research Center, which
he joined in 1988. His research and development activity focuses on optimization technologies for decision-making
under uncertainty.
He has published many papers in scientific journals and has held appointments on the editorial boards of Mathematics
of Operations
Research and SIAM Journal of Optimization. He was the lead developer for the software product OSL Stochastic Extensions,
and
is currently lead developer for the Stochastic Modeling Interface in the COIN-OR open source project.
In 1996 Alan took an assignment with IBM's Mathematics and Analytics Computation Center on Maiden Lane, NYC, and
in 1998 to
technical staff of the Research VP for Strategy. In the period 2000-2002, Alan lead a small team investigating
algorithms
and models for resource management problems in utility computing. In 2003-4, Alan pursued research projects applying
optimization
models to the pricing of contingent claims and taught a semester at Columbia University. In 2004-5, Alan has participated
in the Analytics Infrastructure Solutions high performance computation infrastructure team taking various roles
as client
architect, developer, and technical consultant. In 2006 Alan joined the Blue Gene Applications team with responsibility
for
supercomputing in Financial Markets. From 2000-8 Alan served as Research's campus relationship manager for his
alma mater,
the University of Washington.
Currently, Alan is the technical lead for IBM Research's project on Systemic Risk. This project combines information
management,
systems engineering, and analytical methodologies to address challenges in measuring and monitoring risk in the
financial
system.
Andrei Kirilenko
Commodity Futures Trading Commission
Andrei Kirilenko, Senior Financial Economist, has been with the Commission since 2008. He received his Ph. D. in Economics
from the University of Pennsylvania, where he specialized in financial markets. Prior to joining the CFTC, Dr.
Kirilenko spent
twelve years at the International Monetary Fund working on global capital markets issues. His research has focused
on the
informational properties and microstructure of securities markets. He has published a number of journal articles
appearing
in the Journal of Finance, Journal of Financial Markets, and IMF Staff Papers.
Albert “Pete” Kyle
U. of Maryland, R. H. Smith School of Business
Professor Kyle's research focuses on theoretical market microstructure. His research involves mathematical modeling of informed
trading in speculative markets, including topics such as insider trader, market manipulation, price volatility,
the information
content of market prices, and market liquidity. His current research also deals with concepts from industrial
organization
to model the valuation dynamics of growth stocks and value stocks by applying techniques used to value real options.
His teaching
interests include venture capital and private equity, corporate finance, option pricing, market microstructure,
and asset
pricing. After obtaining an undergraduate degree in mathematics from Davidson College and studying economics at
Oxford University
as a Rhodes Scholar, Prof. Kyle received his PhD in Economics from the University of Chicago. Before joining the
faculty at
the University of Maryland, he was a professor at Princeton University, the University of California at Berkeley,
and Duke
University. He is a Fellow of the Econometric Society and a board member of the American Finance Association.
He served as
a staff member of the Presidential Task Force on Market Mechanisms (Brady Commission) after the stock market crash
of 1987
and is a currently a member of NASDAQ's economic advisory board.
Joe Langsam
Morgan Stanley
Joseph Langsam is a managing director at Morgan Stanley Dean Witter, where he is responsible for analytic research for the
Fixed Income Division. Langsam received a PhD in mathematics from the University of Michigan and a PhD in urban
studies and
economics from the Massachusetts Institute of Technology. Prior to joining Morgan Stanley Dean Witter in 1985,
he was an assistant
professor of mathematics at Case Western Reserve University
Adam Lavier
U.S. Treasury
John Liechty
Pennsylvania State U.
Dr. Liechty is a Professor at the Smeal College of Business at Penn State University and has extensive experience developing
solutions for top Investment Banks and Marketing Research firms. He is an expert in derivative pricing and asset
allocation,
computational statistics and high performance computing, and marketing research. He has extensive experience in
organizing
and leading research efforts and has experience in creating production level pricing and analysis systems.
He has consulting extensively for top Investment Banks, including Morgan Stanley and Goldman Sachs, helping develop
models
and parallel computing software solutions for calibrating basket, credit derivatives and statistical based trading
strategies.
He has also helped lead software development efforts at Inimation Insights, a quantitatively focused Marketing
Research firm,
where software for leading edge marketing research models were integrated into a high performance/parallel computing
platform.
In addition, he is a founding member and a leading organizer of an effort that is calling for legislation which
will provide
better data and analytic tools for the regulatory community in order to safeguard the U.S. financial system -
see www.ce-nif.org.
Dr. Liechty has a PhD from the Statistical Laboratory at Cambridge University.
Jorge Lobo
IBM Research
Jorge Lobo joined IBM T. J. Watson Research Center in 2004. Previous to IBM he was principal architect at Teltier Technologies,
a start-up company in the wireless telecommunication space acquired by Dynamicsoft and now part of Cisco System.
Before Teltier
he was an Associate Professor of CS at the University of Illinois at Chicago and a member of the Network Computing
Research
Department at Bell Labs. At Teltier he developed a policy server for the availability management of Presence Servers.
The
servers were successfully tested inside two GSM networks in Europe. He also designed and co-developed PDL, one
of the first
generic policy languages for network management. A policy server based on PDL was deployed for the management
and monitoring
of Lucent's first generation of softswitch networks.
Jorge Lobo has more than 50 publications in international journals and conferences in the areas of Networks, Databases
and
AI. He is co-author of an MIT Press book on logic programming and an IBM Press book on policy technologies for
self-managing
systems. He is co-founder and member of the steering committee for the IEEE International Symposium on Policies
for Distributed
Systems and Networks. He has a PhD in CS from the University of Maryland at College Park, and an MS and a BE from
Simon Bolivar
University, Venezuela.
Hank Lucas
U. of Maryland, R. H. Smith School of Business
Hank Lucas is the holder of the Robert H. Smith Chair in Information Systems at the Robert H. Smith School of Business, University
of Maryland . He is the author of 11 books and monographs, and more than 70 articles about information technology.
His research
interests include the impact of information technology on organizations, IT in organization design, electronic
commerce, and
the value of information technology. His most recent books include Strategies for Economic Commerce and the Internet
( Cambridge
: MIT Press, 2002); Information Technology to Design Organizations for the 21st Century (Jossey-Bass, 1996). professor
Lucas
is currently editor -in-chief of the AIS. He received his Ph.D. from the Sloan School of Management, Massachusetts
Institute
of Technology.
Sumeet Malhotra
UNISYS
Sumeet Malhotra has been involved in the Software Industry for over 20 years and has worked as a senior technical executive
at various corporations including Microsoft, IBM and now UNISYS.
Allan Mendelowitz
Committee to Establish the National Institute of Finance
Allan Mendelowitz has been on the board of directors of the Federal Housing Finance Board since 2000, and he served as the
board's chairman from 2000 to 2001. Previously, he was the executive director of the U.S. Trade Deficit Review
Commission,
a congressionally appointed bipartisan panel. Mr. Mendelowitz has also served as the vice president of the Economic
Strategy
Institute--supervising research on trade policy, international competitiveness, and telecommunications policy--and
as an executive
vice president of the Export-Import Bank of the United States. From 1981 to 1995, Mr. Mendelowitz was the managing
director
for international trade, finance, and economic competitiveness at the General Accounting Office. He was formerly
an economic
policy fellow at the Brookings Institution and on the faculty of Rutgers University, where he taught courses in
international
trade and finance and urban and regional economics. His articles have appeared in the Journal of Business, the
National Tax
Journal, the Journal of Policy Analysis and Management, and the Financial Times.
Leora Morgenstern
New York U.
Leora Morgenstern is Visiting Research Scientist at the Courant Institute
at New York University. She is currently developing formal models of
narrative structure and planning, and investigating how these can be used
to automate analysis of classic Harvard Business School case studies.
Previously, she was Research Staff Member at IBM T.J. Watson Research
Center (1989-2009) and Assistant Professor at Brown University
(1987-1989). At IBM Watson, she pursued her foundational research in
Artificial Intelligence at the same time as she extended state-of-the-art
knowledge representation techniques for industrial applications. She is
noted in particular for her contributions in applying her research in
semantic networks, nonmonotonic inheritance networks, business modeling,
and business rules for applications in knowledge management, customer
relationship management, and decision support. These applications have
been deployed by Fortune-500 companies in various industries, and have
been demonstrated to increase company income stream by significant
percentages. She holds three patents, which have won several IBM awards
due to their value to IBM's core businesses.
Dr. Morgenstern received her B.A. in mathematics and philosophy from the
City College of New York and her M.S. and Ph.D. in computer science from
the Courant Institute of Mathematical Sciences, New York University.
Leonard Nakamura
Federal Reserve Bank of Philadelphia
Leonard Nakamura is an Economic Advisor at Federal Reserve Bank of Philadelphia and has also held the position of AVP and
Economist at Federal Reserve Bank of Philadelphia. He has a MA and Phd in Economics from Princeton University
and has fields
of specialization in financial institutions, monetary theory, and industrial organization.He has published various
articles
on credit market, banking and financial markets.
Bill Nichols
Mr. Nichols is a Managing Director at RCube Information Management, were he consults on product design, information architecture,
and securities systems for firms active in financial markets. As Program Director for Securities Processing Automation
for
FISD, Bill concentrated on the intersections between technology and business practices within the Securities industry
and
was responsible for managing MDDL (Market Data Definition Language). Currently a standards liaison for FISD and
FIX, Nichols
is Convenor of the ISO TC68/SC4/WG (ISIN) Working Group, active on several other ISO committees, and a member
of the FIX Protocol
Limited Global Technical Steering Committee. He is vice-chair of the US ANSI X9D Securities Committee. Nichols
was Co-founder/CEO
of a corporate governance research firm acquired by Thomson in 1995, after which he spent 7 years at Thomson Financial.
He
has an extensive background in Internet architecture and business models, and was retained as an expert witness
regarding
online traffic and advertising models in Homestore vs. AOL.
Frank Olken
National Science Foundation
Frank is a Program Director at the National Science Foundation in the Computers, Information Science and Engineering (CISE)
Directorate. He holds B.S. and M.S. in EECS and PhD in CS all from U.C. Berkeley.
Francis Parr
IBM Research, Thomas J. Watson Research Center
Dr. Parr is a Research Staff Member working on high performance persistent data systems, messaging and event middleware and
on data models and database support for systemic risk analysis in financial systems He is currently active
in an activity
to define an end to end data model relating mortgages, pools, MBS for broad scope risk analysis, also in a software
research
initiative to create IBM assets in the area of real-time messaging and Smarter Planet solutions. He is a member
of The IBM
Academy of Technology and received IBM Research awards for architecture contributions to the built-in JMS Service
in WebSphere
and for work on Parallel DB2. He is also involved in scalable financial services algorithms. He received a PhD
from Harvard
University and lectured at Imperial College of Science and Technology, London University before joining IBM Research.
David Raggett
W3C(The World Wide Web Consortium)
Dave is a W3C Fellow and has been closely involved with the development of Web standards since 1992, contributing to work
on HTML, HTTP, MathML, XForms, voice and multimodal interaction, and more recently Ubiquitous Web Applications.
Dave is now
focused on realizing the potential of the Semantic Web for exploring and analyzing financial data (especially
XBRL). He also
chairs the Model-Based User Interface Incubator Group, and is a Staff Contact in the Ubiquitous Web Applications
WG. He was
educated in England and obtained his doctorate from the University of Oxford.
William Rand
U. of Maryland, R. H. Smith School of Business
William Rand examines the use of computational modeling techniques, like agent-based modeling, geographic information systems,
social network analysis, and machine learning, to help understand and analyze complex systems, like the diffusion
of innovation,
organizational learning, and economic markets. He received his doctorate in Computer Science from the University
of Michigan
in 2005 where he worked on the application of evolutionary computation techniques to dynamic environments. Later
as a postdoctoral
research fellow at Northwestern University in the Northwestern Institute on Complex Systems (NICO), he continued
to develop
his interest in agent-based modeling and evolutionary computation, and began combining these techniques with social
network
analysis. He is currently co-authoring a textbook on agent-based modeling.
Louiqa Raschid
U. of Maryland, R. H. Smith School of Business
Louiqa Raschid has made significant contributions towards solving the challenges of data management, data integration, and
performance for applications in the life sciences, Web data delivery, health information systems, humanitarian
IT applications
and financial information management. Her research spans the fields of computer science to business information
systems to
life science data management and she is an expert in optimization and large scale simulation, modeling and semantics
and logic
based reasoning, and data management and analysis techniques. Recent projects include data integration and data
mining to
support personalized genomics and healthcare and an NSF Wokshop on Knowledge Representation and Information Management
for
Financial Risk Management. She has played a key role in the Sahana FOSS project for disaster information management
including
serving as chief database architect and Board Chair. Sahana is the only comprehensive product for disaster information
management.
Sahana is an outgrowth of the 2003 tsunami and it has since been deployed for multiple disasters including most
recently the
2010 Haiti earthquake.
Dan Rosen
U. of Toronto, Fields Institute for Research in Mathematical Sciences
Dr. Dan Rosen is currently a visiting fellow at the Fields Institute for Research in Mathematical Sciences and an adjunct
professor at the University of Toronto's graduate program in Mathematical Finance. Up to July 2005, Dr. Rosen
had a successful
ten-year career at Algorithmics Inc., where he held senior management roles in strategy and business development,
research
and financial engineering, and product marketing. In his latest role as Vice President of Strategy and Business
Development,
he was responsible for setting the strategic direction of Algorithmics' solutions, business models for new initiatives
and
strategic alliances. Since joining Algorithmics in 1995, he headed up the design, positioning and marketing of
credit risk
and capital management solutions, market risk management tools, operational risk, and advanced simulation and
optimization
techniques, as well as their application to several industrial settings.
Dr. Rosen lectures extensively around the world on enterprise risk and capital management, credit risk, market
risk, and financial
engineering. He has authored numerous papers on quantitative methods in risk management, applied mathematics,
operations research,
and has coauthored two books and various chapters in risk management books. In addition to being an adjunct professor
of mathematical
finance, Dr. Rosen is a member of the Industrial Advisory Board of the Fields Institute, and one of the founders
of RiskLab,
an international network of research centres in Financial Engineering and Risk Management, initiated by Algorithmics
and the
University of Toronto. He is also the regional director in Toronto of the Professional Risk Management International
Association
(PRMIA), and authored two chapters of the Professional Risk Manger Handbook. Prior to Algorithmics, Dr. Rosen
was a research
associate at the University of Toronto's Centre for Management of Technology, where he initiated and coordinated
the Performance
Analysis Research Program for the Financial Services Industry. He holds several degrees, including an M.A.Sc.
and a Ph.D.
in Chemical Engineering from the University of Toronto.
Rick Ross
CE-NIF
Richard Ross is the founder of at least five SW startups (a few of which
have even been successful); his most recent venture is High Speed
Analytics, a developer of nanosecond-speed technologies for financial
services. He started his career as the second engineer on Lotus 1-2-3,
for which he developed several core technologies. Rick has a couple of
degrees in Computer Science from MIT in Cambridge, MA, and also
participated in MIT's Technology and Policy Program; as well, he
received a Certificat de Cuisine from Cordon Bleu in Paris.
Lemma Senbet
U. of Maryland, R. H. Smith School of Business
Lemma W. Senbet is the William E. Mayer Chair Professor of Finance at the Smith School of the University of Maryland, College
Park and Director of the Center for Financial Policy. He has advised the World Bank, the International Monetary
Fund, the
United Nations, African Economic Research Consortium, and other international institutions on issues of financial
sector reform
and capital market development. He also served as an independent director for The Fortis Funds and currently is
an independent
director for The Hartford Funds. Professor Senbet has received numerous professional honors and recognitions for
his impact
on the finance profession. He has been elected (twice) director of the American Finance Association and is a past
president
of the Western Finance Association. He was inducted into the Financial Economists Roundtable, a distinguished
group of financial
economists who have made significant contributions to finance and add their knowledge to current policy debates.
In 2005,
Professor Senbet was awarded an honorary doctor of Letters Honoris Causa by Addis Ababa University, Ethiopia’s
flagship institution
of higher learning and his alma mater. In 2006, he was inducted as Fellow of the Financial Management Association
International
for his career-long distinguished scholarship and professional service.
Dennis Shasha
New York U.
Dennis Shasha is a professor of computer science at the Courant Institute of New York University where he works with biologists
on pattern discovery for microarrays, combinatorial design, network inference, and protein docking; with physicists,
musicians,
and financial people on algorithms for time series; and on database applications in untrusted environments. Other
areas of
interest include database tuning as well as tree and graph matching. Because he likes to type, he has written
six books of
puzzles about a mathematical detective, a biography about great computer scientists, and technical books about
database tuning,
biological pattern recognition, time series, and statistics. He has co-authored over sixty journal papers, seventy
conference
papers, and fifteen patents. He has written the puzzle column for various publications including Scientific American.
Nitish Sinha
U. of Maryland, R. H. Smith School of Business
Nitish is Ph.D. student in finance at Robert H Smith school of Business, University of Maryland at College Park. His research
uses text analysis techniques to examine monthly portfolio returns constructed from information about past Thomson
Reuters
news articles. He holds P.G.D.M. from Indian Institute of Management, Ahmedabad, India and B.Tech. in Electrical
Engineering
from Indian Institute of Technology, Kanpur, India.
Arthur Small
Penn State U., National Institute of Finance
Arthur Small is a founding member of the Committee to Establish the National Institute of Finance. He is also Principal and
Co-founder of Venti Risk Management, a management consultancy that develops tools and strategies that help firms
increase
earnings through better resource allocation and dynamic price optimization. His research and practice focus on
the integration
of probabilistic forecasts into automated decision systems. Prior to founding Venti, Small served as Associate
Professor
of Applied Economics and Finance in the Department of Meteorology at Penn State University. In this position
he led Penn
State’s initiative to create a new program in weather risk management for undergraduate Meteorology majors, and
served as
Principal Investigator on a three-year, multi-investigator project funded by the National Science Foundation on
the uses of
forecast information in decision-making. Before coming to Penn State in 2006, Dr. Small served eight years on
the faculty
at Columbia University, where he held positions in affiliation with Columbia Business School, the School of International
and Public Affairs, and the Earth Institute. Small’s research has appeared in numerous scholarly publications
including Journal
of Political Economy, Review of Economics and Statistics, and the ElsevierHandbook of Agricultural Economics.
In 2001, Small's
work on the use of probabilistic information in decision-making received the Award for Quality of Research Discovery
conferred
by the American Agricultural Economics Association. Small received a B.A. in Mathematics from Columbia University,
an M.S.
in Mathematics from Cornell University, and a Ph.D. in Agricultural and Resource Economics from the University
of California
at Berkeley. He lives in State College, Pennsylvania.
Chester Spatt
Carnegie Mellon U.
Chester Spatt is the Mellon Bank Professor of Finance at the Tepper School of Business at Carnegie Mellon University and Director
of its Center for Financial Markets, where he has taught since 1979. He served as Chief Economist of the U.S.
Securities and
Exchange Commission and Director of its Office of Economic Analysis from July 2004 through July 2007. He earned
his Ph.D.
in economics from the University of Pennsylvania and received his undergraduate degree from Princeton University.
Professor Spatt is a well-known scholar studying financial economics with broad interests in financial markets.
He has analyzed
extensively market structure, pricing and valuation, and the impact of information in the marketplace. For example,
he has
been a leading expert on the design of security markets in various settings, mortgage valuation, and taxation
and investment
strategy. His co-authored 2004 paper in the Journal of Finance on asset location won TIAA-CREF’s Paul Samuelson
Award for
the Best Publication on Lifelong Financial Security. He has served as Executive Editor and one of the founding
editors of
the Review of Financial Studies, President and a member of the Founding Committee of the Society for Financial
Studies, President
of the Western Finance Association, and is currently an Associate Editor of several finance journals. He also
is currently
a Member of the Shadow Financial Regulatory Committee as well as the Financial Economists Roundtable and a Fellow
of the TIAA—CREF
Institute. Finally, he also has served as an expert for the Federal Energy Regulatory Commission (FERC) in its
investigation
of market manipulation in the Western energy markets in 2000 and 2001.
Vivek Srivastava
U. of Maryland, R. H. Smith School of Business
Vivek is Investment Associate at DC Pension Fund and a recent MBA graduate from RHSmith School of Business, University of
Maryland. Prior to joining MBA, he worked as techno-functional consultant at Deustche Bank, ABN Amro Asset Management
and
Invesco. He is a CFA Level-3 candidate and holds B.Tech from Indian Institute of Technology.
Charles Taylor
Pew Charitable Trust
Charles Taylor is Director of the Financial Reform Project at the Pew Charitable Trusts and a Fellow at the Financial Institutions
Center at the Wharton School of the University of Pennsylvania. From 2002 to 2008, Mr. Taylor was Director, Operational
Risk
at the Risk Management Association and a member of the Association’s leadership team. Before 2002, he was Managing
Director
Strategy Development at the Depository Trust & Clearing Corporation in New York and immediately prior to that,
head of the
global risk management practice at Andersen Consulting. As Executive Director of the Group of Thirty in the first
half of
the 1990s, he authored several studies, spoke widely and advised government and industry on issues of public policy
and private
practice. Mr. Taylor started his career at the World Bank in 1973. He has degrees from Oxford and Cambridge in
economics and
mathematics and from the University of Pennsylvania in business.
Anthony Tomasic
Carnegie Mellon U.
Anthony's research career started with an undergraduate degree in Computer Science (with honors) from Indiana University,
Bloomington. He then joined the European Computer-Industry Research Centre (ECRC) in Munich, Germany where he
worked in part
on the view update problem in database theory. He then attended graduate school at Princeton and performed his
thesis research
at Stanford University. His thesis invented novel methods for improving information retrieval search performance.
Upon receiving
his Ph.D., Anthony led a research team at the Institute National de Research in Informatique et Automatique (INRIA).
His team
created the federated database DISCO for data integration. DISCO was transferred to Kelkoo.com, a French internet
comparison
shopping site, which was subsequently purchased by Yahoo. In 1999, he participated in a team that was a winner
in the French
National New Venture competition. Anthony spent some time with internet start-ups in Silicon Valley. Eventually
he moved back
into research at Carnegie Mellon University where for the last several years he has lead a team, as part of the
RADAR project,
that creates intelligent assistants to the desktop. His research now focuses on machine learning, mixed-initiative
interfaces,
and natural language processing. He has also contributed to research on extract-transform-load systems, detection
of phishing
messages, and internet level scaling of database systems. In 2009, Anthony received an MBA from the Tepper School
of Business
at Carnegie Mellon University.
Kenichi Ueda
International Monetary Fund
Kenichi Ueda is a Senior Economist in the Research Department. His research focus is interlinkage between financial system
and macroeconomy. His publications appeared in Review of Economic Studies, International Economic Review, and
Journal of Development
Economics among others. He obtained a Ph.D. in Economics from the University of Chicago before joining the Fund
in 2000. Prior
to the Ph.D. study, he also worked for the Ministry of Finance, Japan, after B.A. in economics from the University
of Tokyo.
Shiv Vaithyanathan
IBM Almaden
Shiv is currently a research staff member at the IBM Almaden Research Center. After obtaining his Ph.D. in 1992, Shivakumar
was a visiting scientist at Lehigh University before he joined Digital Equipment Corp. to work on advanced algorithms
for
process control. Subsequently, he moved to the newly formed AltaVista group. Since joining IBM in 1998, he has
been involved
in research and development of learning algorithms, especially for extremely high-dimensional sparse data. His
present interests
are in the area of Bayesian inference, maximum entropy models unsupervised and partially supervised learning algorithms
and
their applications to language modeling.
Vish Viswanathan
Duke U.
S. "Vish" Viswanathan is the F. M. Kirby Professor of Investment Banking at the Fuqua School of Business, Duke University.
His research focuses on collateral, leverage and liquidity in the context of financial intermediaries and financial
markets.
Professor Viswanathan also works on the regulation of financial markets and banking systems. Professor Viswanathan's
research
has been presented at a number of international and national conferences and has been published in the Journal
of Finance,
the Review of Financial Studies, the Journal of Financial Economics, the Rand Journal of Economics, the Journal
of Finance
and Quantitative Analysis, the Journal of Business and the Journal of Business Economics and Statistics. Professor
Viswanathan
is a Co-Editor of the Journal of Financial Intermediation and an Associate Editor of the Journal of Financial
Markets and
a member of the Program Committee of the Western Finance Association. He was the Associate Editor of the Review
of Financial
Studies from 1996 to 1999 and Management Science from 2000 to 2005. Twice, he has received awards from the Institute
for Quantitative
Research in Finance. In 1997, Professor Viswanathan won the NYSE Best Paper Award on Equity Trading at the Western
Finance
Association.
Professor Viswanathan received his Bachelor's Degree in Science (First Class with Distinction) from the University
of Bombay,
his Master of Management Studies from the Jamnalal Bajaj Institute of Management Studies at the University of
Bombay and his
Ph.D. in Finance from the Kellogg Graduate School of Management at Northwestern University.
Susan Wachter
U. Penn
Dr. Susan Wachter is Professor of Real Estate and Finance at Wharton School, University of Pennsylvania. Dr. Wachter served
as Assistant Secretary for Policy Development and Research at the U.S. Department of Housing and Urban Development,
a Presidentially
appointed and Senate confirmed position, from 1998 to 2001. As Assistant Secretary, Wachter was principal advisor
to the Secretary
on national housing and urban policy. Wachter oversaw HUD’s role on the White House Taskforce on E-Government
and launched
a Geographic Information Systems (GIS) program while at PD&R. The author of over 100 publications and 10 volumes,
Dr. Wachter
was Chairperson of the Wharton Real Estate Department from 1996 to 1998 and was elected President of the American
Real Estate
Urban Economics Association in 1988. Wachter founded The Wharton School’s GIS Lab in 1998, the first GIS lab at
a leading
business school, and currently serves as Director. Wachter also holds and appointment as Professor of City and
Regional Planning
at the Graduate School of Fine Arts at the University of Pennsylvania. A recipient of numerous awards, Wachter
served as a
member of the Board of Directors of the Beneficial Corporation, a NYSE listed company, from 1985 to 1998, and
the MIG Residential
REIT from 1994 to 1998. Formerly coeditor of Real Estate Economics, Wachter serves on multiple editorial boards
including
the Journal of Real Estate Economics, Journal of Real Estate Finance and Economics, Journal of Housing Economics
and the Journal
of Housing Policy Debate. Wachter is a Faculty Fellow of the Weimer School for Advanced Studies in Real Estate
and Land Economics
and a Fellow of the Urban Land Institute.
Nancy Wallace
Haas School of Business, U. of California at Berkeley
Michael Wellman
U. of Michigan
Michael P. Wellman is Professor of Computer Science & Engineering at the University of Michigan. He received a PhD from the
Massachusetts Institute of Technology in 1988 for his work in qualitative probabilistic reasoning and decision-theoretic
planning.
From 1988 to 1992, Wellman conducted research in these areas at the USAF’s Wright Laboratory. For the past 18+
years, his
research has focused on computational market mechanisms for distributed decision making and electronic commerce.
As Chief
Market Technologist for TradingDynamics, Inc. (now part of Ariba), he designed configurable auction technology
for dynamic
business-to-business commerce. Wellman previously served as Chair of the ACM Special Interest Group on Electronic
Commerce
(SIGecom), and as Executive Editor of the Journal of Artificial Intelligence Research. He is a Fellow of the Association
for
the Advancement of Artificial Intelligence and the Association for Computing Machinery.
Katherine Wyatt
FDIC
Katherine Wyatt is Chief of the Financial Analysis Section, Risk Analysis Branch, in the Division of Insurance and Research
at the FDIC. The Financial Analysis Section produces regular publications covering the performance and condition
of FDIC-insured
institutions, as well as extensive analysis of banking and market data for internal reports. Katherine is responsible
for
monthly reports on the FDIC’s Temporary Liquidity Guarantee Program and has contributed to interagency reports
on the performance
of institutions participating in the Troubled Asset Relief Program. Prior to joining the FDIC, Katherine was Director
of the
Financial Services Research Unit at the New York State Banking Department. While at the Banking Department, she
represented
the Conference of State Bank Supervisors at interagency meetings on Basel II, and testified before the Senate
Banking Committee
concerning implementation of Basel II rules. Katherine received a B.A. and M.A. in Mathematics from Queens College
of the
City University of New York, and a Ph.D. in Mathematics from the Graduate Center of the City University of New
York. Her research
interests include applications of logic programming to finance and bank capital standards. Katherine has published
articles
in Risk, the Journal of Financial Services Research, and the Notre Dame Journal of Formal Logic.
