Visual Analytics for Financial Risk

Project 1: The objective of this project is to design a Visual Systemic ‘Risk Map’ as one possible prototype to address some of the issues of risk identification and analysis in the context of global financial systems. We propose the design concept of the ‘Risk Map’ using principles of Cognitive Systems Engineering (instrumental papers in this field are Rasmussen et al. 1994; Vicente and Rasmussen, 1990; Woods and Roth, 1988), which is suited to engineering for complex systems. Cognitive systems engineering addresses the issue of analyzing and designing process control systems from a human factors perspective. It diverges from the more common engineering approaches to designing process control systems by distinguishing between the physical system, sub-systems and their components, from what the operator or organization needs to do with the system to accomplish the purpose of the system; but at the same time creating user interface designs that integrate information that enables the operator to observe how failure in achieving desired system goals are propagated through the system to sub-system to components.

Faculty Supervisor:

Victoria Lemieux

Student:

Partner:

Boeing Vancouver (Richmond, BC);University of British Columbia

Discipline:

Computer science

Sector:

Aerospace

University:

The University of British Columbia

Program: