Next generation content development and management

As a globally recognized credit service provider, DBRS plans to implement a new project called next generation content development and management. DBRS expects to expand its current online service offering to the users by launching a series of mobile apps with sophisticated and analytical tools.

Improving estimates of complex option-based employee compensation

Stock-based compensation allows employers and employees to share in the risks and rewards of their company’s success. In addition to intangible benefits such as team building and goal sharing, there can also be large financial rewards for employees and similar costs to employers. These costs must be reported in the company’s financial documents such as quarterly and annual reports. Current (and future) vesting rules for stock options are making them difficult to price, and this makes financial reporting difficult.

Sustainable Neighbourhood Retrofit Action Plan (SNAP) — Program Evaluation and Lessons Learned for Accelerating Environmental Improvement in Established Neighbourhoods

Toronto and Region Conservation Authority (TRCA) has launched a series of pilot Sustainable Neighbourhood Retrofit Action Plan (SNAP) projects in the Greater Toronto Area. Dillon Consulting is a lead consultant in Phase 3 of one of the pilot projects, the County Court SNAP in Brampton, Ontario. The SNAPs bring together residents, businesses, community groups and government agencies to develop a science-based action plan for change that meets the needs of the community.

Risk minimizing hedging strategy of variable annuity guarantees under stochastic interest rates

A hedge is an investment position intended to offset potential losses, or in our case to pay off potential liabilities. Interest rates play an important role in hedging strategies and risk management for variable annuities and other long-term products. Financial institutions have an urgent need for practical and affordable dynamic hedging strategies. We propose a realistic interest rates model and the so-called risk minimization hedging strategy.

Effect of Foreign Exchange Rates on the Default Correlation

Default correlation analysis has an important role in asset pricing and credit risk management. Our proposed default model aims to analyze the default correlation for two international companies. In this analysis, we would like to incorporate existing correlation between the stock indices in different countries and study its effect on the default correlation measure. Moreover, there is evidence in the literature of sensitivity of equity index returns to foreign exchange (FX) rates.

Diabetes Self Management in Individuals from Modest Socieconomic Status (SES) Backgrounds

Participants diagnosed with type 2 diabetes mellitus (T2DM) from lower income backgrounds will receive personalized health coaching to support engagement in vigorous regular exercise and healthy eating aimed at regulating blood glucose and reducing risks of costly diabetes-related complications. The health coaching makes use of a Blackberry smart phone preinstalled with health behaviour promoting - monitoring software designed and written in collaboration with NexJ Systems.