News

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,…

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…

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…

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…

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…

Our recent collaboration with Microsoft generated some exciting discussions within the quant finance community. We demonstrated the performance gained by running a Riskfuel-accelerated model on the Azure NDv2-Series Virtual Machine instance powered by NVIDIA GPUs against traditional CPU-driven methods.  The results clearly demonstrate that traditional on-premises computing simulation workloads can be supplanted by Riskfuel pricing and risk sensitivity DNNs in…

Riskfuel is honoured to be selected by The DMZ to be part of their world-leading tech accelerator and incubator program. The DMZ provides full-service office space and connections to customers, experts and a community of entrepreneurs and influencers which will be a great help to us as we grow our business.

Toronto-based startup Riskfuel adds experienced AI product expert Ivan Sergienko as Chief Product Officer as it aims to transform derivatives trading.