Applications of ML/AI in Asset Management - part 2

ML/AI is widely used and deployed in many industries. Its deployment in Asset Management industry (and
especially in Canadian pension fund sector) is significantly behind. Part of it is the fear of “black box” and what recommendation it gives. This sentiment is outdated as the recent advancements in ML/AI allow looking inside the “black box and thus focus on “white box” asset allocation recommendations.
Another reason is that asset management these days is the intersection of three disciplines: Financial
Economics, Statistics, and Computer Science.

An Alberta-based VAR Structural Model

International Financial Reporting Standards (IFRS) for loss allowances are changing, and financial institutions are proactively adapting existing methodologies and developing new ones to remain compliant. The main ingredient in the myriad of evaluations that banks are required to perform for compliance is risk assessment. The first goal of this research project is to review best practice risk models, with a special focus on modeling the evolution of changes in creditworthiness for industry sectors.

Pathways to a More Inclusive Labor Market in Calgary

An inclusive economy aims to provide all members of society with the opportunity to contribute to and benefit from a community’s economic activities and systems. Calgary Economic Development acknowledges that helping all Calgarians achieve their personal potentials is imperative to leveraging Calgary’s rich diversity to bring innovation and creativity into our industries and businesses. However, we are still facing challenges regarding diversity, equity and inclusion in Calgary labour market.

Homelessness Prevention at Covenant House Toronto

The proposed research project to be undertaken by the intern is concerning the use of preventative measures to combat youth homelessness and trafficking in Toronto through Covenant House Toronto. Youth homelessness and trafficking are on the rise and researching how prevention for this vulnerable population can be utilized has the potential to significantly reduce rates of youth homelessness and trafficking in Toronto.

Workforce Innovation Through Social Enterprise

Social Enterprise is a catalyst for social and economic empowerment and inclusion, and has been identified as an innovative opportunity to address workforce challenges and economic sustainability in Southwestern Newfoundland.

Revision of Socio-Spatial Conceptions for Designing Public Spaces and Built Environments in Post Pandemic Alberta

This design research project explores existing and ongoing perspectives on (post) pandemic conceptions in built environment settings in Alberta, from an architectural design perspective. The results will add to the scholarly research on sustainable design of “public spaces” to support (post) COVID-19 period health concerns and recommendations, thereby contributing to the development of healthier design and more equitable, sustainable communities in Alberta.

Leveraging linked, person-level health information to inform resident safety and a risk management framework within retirement homes in Ontario, Canada

The retirement home sector in Ontario is rapidly expanding, given the need for assisted living services to support an aging population, coupled with health system issues related to hallway health care and a deficit of long-term care capacity. However, there is no research on this sector to inform policies related to risk assessment, quality of care, and retirement home sector performance.

Electricity Trade with Quebec to Integrate Renewable Energy in Ontario: An Integrated Investment Appraisal Analysis

This research effort will measure the impacts on Ontario's electricity sector of an increased level of imports from Quebec and its reliability to balance the renewable electricity generation facilities in Ontario. For this analysis, the historical operating information from both Quebec and Ontario's electricity systems will be used. A comprehensive analysis will be carried out to identify the critical parameters that determine the economic feasibility of this option. A model will be developed for the appraisal of electricity trade between Quebec and Ontario.

Slice Finder: Application to Stress Testing

The project aims to use state-of-the-art machine learning techniques to perform model validation. In particular, the intern will validate outcomes from risk assessment models for loan portfolios. The results will be employed to further the efficiency of ATB's internal stress testing models. The benefit for ATB financial will be the possibility to detect subsamples for which model fit might be poor, which will yield insights and, hopefully, improvement to stress testing.

Supporting broadband, transportation, and trade policy using quantitative and qualitative tools

There is a disconnect between the development of advanced research methods in academia, and their use to inform real-world policies. The purpose of this research is to apply rigorous tools to support real-world policy questions at the local, regional, and global level, and assist various types of institutions meet their strategic objectives. At the local level, interns will work on an analysis of equitable access to broadband connectivity in Kingston, ON, as part of the City’s plan to expand broadband access.

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