Modeling of combined heat and power generation in Canada

Canada ambitions to achieve a deep decarbonization of its economy by 2050, with a reduction of its greenhouse gas (GHG) emissions up to 90% relative to their 2005 levels. Such a transition from the current situation will have important impacts in particular on its energy sector. In this context, SIEMENS Canada, a manufacturer of energy […]

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Distributed and Decentralized Optimization for Electricity Consumption Flexibilities and Network Constraints

In the context of the “Smart Grid”, the exploitation of electricity consumption flexibilities will be a key lever in the optimization of the electric system. It can help to limit power demand peaks, increase the share of renewable energy and limit network infrastructure investments. Consumption flexibilities, which are offered by many residential consumers, are distributed […]

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Investor Behaviours, Canada’s investment suitability regulations, and Robo-advising

In Canada and around the world, investors hire financial advisors and dealers to manage, monitor, and guide their investment choices purchased from a financial dealer. Dealers and advisors are obligated by regulations–introduced in 2009 by the Ontario Securities Commission (OSC)–to ensure that their investment products and recommendations are “suitable”. As part of the regulations, advisors […]

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Investor Behaviours, Canada’s investment suitability regulations, and Robo-advising – Year two

In Canada and around the world, investors hire financial advisors and dealers to manage, monitor, and guide their investment choices purchased from a financial dealer. Dealers and advisors are obligated by regulations–introduced in 2009 by the Ontario Securities Commission (OSC)–to ensure that their investment products and recommendations are “suitable”. As part of the regulations, advisors […]

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Valuation Analysis of Canada’s Privately-Held Technology Companies

The goal of this project is to develop a financial model which will be used to value privately-held technology companies in Canada. The research for the summer will be conducted with CoreGen Capital Partners. Market participants typically pay a liquidity premium when investing in the public market. The objectives of this research will be to […]

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Bayesian hierarchical modelling of exposure to accident benefit claims

The project will assess the financial risks to DGAG (Desjardins Groupe d’assurances generales) associated with payments of accident insurance claims. A large database is available on the losses incurred due to different aspects of insurance claims (medical costs, rehabilitation and attendant care, etc.), and this project will assist DGAG in developing exposure assessments for future […]

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Diversification of atmospheric perils: top-down flood and tropical cyclone models with applications to the (re)insurance industry

Just like the idiom says, to not put all your eggs in one basket, insurance and reinsurance are founded on diversification. Pooling among policyholders, lines of businesses, perils, etc., are typical ways to achieve an adequate level of diversification to lower required capital. However, there are several factors that can act to hamper diversification, even […]

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Développement d’une méthode d’optimisation pour la génération des horaires du personnel de soins afin de minimiser l’absentéisme et les arrêts de travail

Le projet de recherche tente de réduire l’impact de l’absentéisme et des arrêts de travail (chez le personnel de soins) sur la qualité des services proposés dans les hôpitaux. Pour cela, des emplois du temps optimisés seront générés à l’aide de nouveaux indicateurs. Ces indicateurs seront créés avec des algorithmes issus de l’intelligence artificielle à […]

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Development of learning enhancement tools using Maple™ and Maple T.A.™ toenhance in-class and online instruction and testing in the physical, mathematical and social sciences

Maplesoft markets Maple, the world’s premier symbolic mathematics processor, used extensively in education, research, and industry, and Maple T.A. (Testing and Assessment) a powerful online testing environment. The proposed project focuses on development of and research on educational applications of the software. Course content will be developed using Maple and Maple T.A. for core university […]

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Affine Multivariate GARCH Models

The objective of the proposed research program is to develop a flexible and unified multivariate framework for modeling the returns of financial assets. The program is innovative since it establishes closed-form formulas for an efficient and reliable calculation of risk measures and derivative prices. For financial institutions and government regulators, who are performing pricing and […]

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Risk measures – Their accuracy and stability in a practical implementation

The primary research objective is to determine the accuracy and stability of risk measures as they are developed and put into practice. The intern will be required to develop and implement testing strategies to help ensure new models exhibit comprehensive risk coverage and seamless integration to the existing CMRM risk-measurement framework. While focusing on a […]

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