Luckily, with the help of Mitacs — a national not-for-profit organization that designs and delivers research and training programs for Canadian academics — Concordia students are being given the chance to do just this.
For Cyborg Trading Systems (CTS) – a financial technology services company that serves an international network of banks, brokers and professional traders – keeping ahead of competition is absolutely essential. Battling huge enterprises like Thomson Reuters, Bloomberg and Goldman Sachs would seem an almost impossible task for a Canadian SME. With the cost of infrastructure, technology and global employees rising by the second, Lukez is always looking for any and all opportunities to innovate.
For Oleksandr Romanko of McMaster University’s Department of Computing and Software, a postdoctoral fellowship through Mitacs Elevate helped him to transition to the world of risk analytics when he was hired as a full time Research Analyst this summer by IBM.
Optimization techniques, an emerging innovation, can serve as one of the tools for financial institutions and companies to find better solutions and improve decision-making. With this focus, Mitacs Elevate Fellow Oleksandr Romanko created an industry-academic event called ‘Optimization in Finance and Risk Management’.
Held in Toronto just this past month, the 2-day workshop aimed to bridge the gap between academic research in optimization and practical financial and risk management applications of optimization techniques.
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