Riskfuel Director of R&D Maxime Bergeron presents at this year's Quantitative Finance Conference hosted by WBS. Maxime shows us that variational autoencoders are powerful tools that we can use to explore the space of volatility surfaces. WBS Training Ltd organizes workshops and conferences for the capital markets and treasury divisions of investment companies worldwide. Learn more about WBS Riskfuel 1,000,000x…
Read More
Toronto, February 25, 2021 -- Riskfuel, an innovative technology company developing machine learning tools to accelerate pricing and derivatives valuation, announced today that it has been named a RiskTech Quadrant® Category Leader for xVA Analytical Components. Riskfuel transforms valuation and risk calculations of complex derivatives products from an overnight process to an on-demand process. In collaboration with Microsoft and Scotiabank,…
Read More
Riskfuel has proudly joined the MaRS Fintech ecosystem consisting of entrepreneurs, investors, scientists, policy makers, corporates and world-renowned research institutions. This is an exciting time to be in FinTech in Toronto and we are thrilled to be part of the MaRS community. Our relationship with MaRS will give us access to valuable resources including mentorship and advice on capital, sales,…
Read More
Congratulations to Scotiabank who has won the coveted 'Technology Innovation of the Year Award" by Risk.net for their new xVA Platform running Riskfuel software. Riskfuel is immensely proud to have contributed a core technology to this award-winning XVA engine.With ultra-fast valuations, traders at Scotiabank can now test the impact of different market scenarios on its derivatives portfolios so that they…
Read More
Riskfuel CEO Ryan Ferguson presents at this year's 16th Quantitative Finance Conference hosted by WBS. The talk is aimed at the Quantitative Financial Analyst and discusses the utilization of deep learning neural networks to convert computationally-intensive numerical models into a closed-form analytic functions that produce values almost instantaneously. WBS Training Ltd organizes workshops and conferences for the capital markets and…
Read More
In November, Riskfuel was selected to participate in the annual Innovators Pavilion at the FIA Expo. The FIA Innovators Pavilion showcases fintech startups to encourage greater innovation in the derivatives industry. The startups were evaluated on the degree of innovation, the relevance to derivatives markets, and the potential impact on the industry and judges chose Riskfuel for "its innovative solution…
Read More
FIA has selected Riskfuel as one of nine fintech startups to exhibit at this year's FIA Innovators Pavilion: a showcase for startup companies providing forward-thinking solutions for the futures, options and cleared swaps industry. Riskfuel accelerates derivatives valuation and risk sensitivity calculations, delivering cost savings and competitive trading advantages to their clients. This year's Innovators Pavilion is supported in part…
Read More
We are excited to announce our partnership with the University of Toronto Riskfuel will be working with Professor Sebastian Jaimungal, one of the world's leading experts on AI in capital markets, and his team from the Department of Statistical Sciences. The research will study volatility surfaces, which are a necessary input for an AI model looking at derivatives, but these…
Read More
When we created our Pricer Demo to showcase the speed and accuracy of Riskfuel technology, we chose a complex real-world model to accelerate: the Bermudan Swaption model. The Demo allows you to modify any of this model's 157 parameters and compare Riskfuel performance against that of Quantlib's open-source traditional model. The Demo runs on a single CPU core. Riskfuel models…
Read More
Riskfuel pioneered the use of Deep Neural Networks to accelerate derivatives valuations and risk sensitivities. We have resolved many technical challenges along the way. Ryan Ferguson discusses some of the novel techniques developed at Riskfuel to deal with extremely complex, multi-dimensional models. The Thalesian talk concludes with a question and answer session.
Read More