Riskfuel Wins 2023 STORM50 Award
Toronto, July 2023 -- Riskfuel, a leading technology company specializing in machine learning solutions for accelerated pricing and valuation of derivatives, announced today that it has received the category award for AI Innovation in Capital Markets at the 2023 Chartis STORM50 Awards. Chartis Research is a leading provider of research and analysis on the global market for risk technology. Chartis…
Riskfuel: transforming the way derivatives traders do business – Invest Ontario
Toronto, March 2023 -- A small Toronto fintech firm has solved a big problem banks worldwide have had for decades: how to accurately value and risk-manage their large and complicated derivatives portfolios. Riskfuel is transforming how valuation adjustments are made. Until now, valuation has been done using slow and expensive-to-run financial models, which deliver information that’s already old by the…
Riskfuel Wins 2023 Risk Markets Technology Award
Toronto, January 30, 2023 -- Riskfuel, a leading technology company specializing in machine learning solutions for accelerated pricing and valuation of derivatives, announced today that it has received the award for Best Use of Machine Learning/AI at the 2023 Risk Markets Technology Awards. The annual awards ceremony recognizes the most outstanding advancements in market risk, trading, and investment risk technologies.…
Riskfuel Wins RiskTech100 Market Risk Innovation Award
Toronto, November 30, 2022 -- Riskfuel, the leading technology company in the field of machine learning for derivatives pricing, continues to make waves in the industry. Today, the company announced its win in the RiskTech100 Market Risk Innovation category and recognition as a Rising Star. The Chartis RiskTech100® annual report is a comprehensive study of the world's leading providers of…
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Riskfuel Joins Station Fintech Montreal Accelerator
Toronto, August 31, 2022 -- Riskfuel, a leading technology company specializing in machine learning tools for pricing and derivatives valuation, announced today that it has been selected to join the third cohort of the Station FinTech Montreal Accelerator powered by Highline Beta. The Station FinTech Montréal Accelerator is a 4-month intensive program designed to support fintech startups by providing them with…
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Riskfuel Wins WatersTechnology Sell-Side Award For 2nd Year
Toronto, April 25, 2022 -- Riskfuel, a leading technology company specializing in the development of machine learning tools to enhance pricing and derivatives valuation, has been honored with the award for "Best Sell-Side Newcomer - Trading, Pricing & Analytics" at the 2022 Waters Technology Sell-Side Technology Awards. The awards recognize innovative solutions that benefit firms in the securities industry, including investment…
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Riskfuel Partners With ActiveViam
Toronto, April 8, 2022 -- Riskfuel, an innovative technology company developing ML tools to accelerate derivatives valuation, and ActiveViam, a global software provider in the financial services industry specialized in in-memory BI analytics applications have decided to join their efforts and sign a partnership in order to provide front-office and risk analytics teams with accurate, granular and real-time risk analytics. Fast…
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Riskfuel Joins Societe Generale Incubator
Toronto, September 24, 2021 -- Riskfuel, an innovative technology company developing ML tools to accelerate derivatives valuation has been welcomed to the Societe Generale Global Markets Incubator. SG's GMI platform allows the bank to detect the most relevant startups that fit with its opportunities and challenges alike. It is committed to helping startups grow sustainable businesses alongside Societe Generale as an…
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Eureka! The XVA Compute Challenge Solved – Wilmott
"Ryan Ferguson is in ebullient form as he chats with Wilmott about the roots of Riskfuel, an AI-based accelerator for valuation and risk workloads he founded in 2019, and who would begrudge him his enthusiasm? The firm is picking up awards and great word-of-mouth all over the quantosphere, although Wilmott suspects that ebullience is likely Ferguson’s default mode rather than a transitory state." Riskfuel…
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BMO Financial Group Taps Riskfuel Analytics – Wilmott
"BMO Financial Group, the 8th largest bank, by assets, in North America, and Riskfuel Analytics a Toronto-based start-up, have announced a partnership to develop models for pricing and scenario analysis of structured derivatives transactions. This comes following a successful pilot project, which saw quantitative researchers from both firms develop a solution to speed up valuation of autocallable notes which previously…
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BMO-Riskfuel Partnership
Riskfuel is partnering with BMO to accelerate valuation and risk management of their structured derivatives transactions. This announcement follows the successful completion of a pilot project to speed up valuation of autocallable notes whose long execution times using traditional valuation methodologies presented significant runtime challenges.With ultra-fast valuations, traders at BMO can now test the impact of different market scenarios on…
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How XVA quants learned to stop worrying and trust the machine – Risk.net
"Last year, Scotiabank began using a deep neural network developed by Riskfuel, a fintech start-up, to approximate the outputs of the Monte Carlo models it uses for derivatives pricing. The neural network was trained within a day using the vast amounts of computing power available on Microsoft’s cloud platform. The bank credits the new system with improving both the speed…
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Riskfuel Joins gener8tor’s OnRamp Insurance Accelerator
Riskfuel has been selected to take part in gener8tor’s OnRamp Insurance Accelerator in partnership with Allianz Life and Securian Financial. Riskfuel is one of five startups chosen from over 500 applicants to participate in gener8tor’s three-month, concierge accelerator program. We are thrilled to join the OnRamp Accelerator program. There is no better way for Riskfuel to learn how to tailor our products to serve the insurance industry than by working together with the teams at…
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Riskfuel Wins Waterstechnology Best Newcomer Award
Riskfuel has been awarded the Best Sell-Side Newcomer award by leading industry journal WatersTechnology. Judged by a panel of industry experts from across the market, the highly valued Sell-Side Technology Awards acknowledge excellence in trading technology. Riskfuel stands in the winners' circle with other winners including Bloomberg and Numerix. Riskfuel is rapidly gaining traction with its novel use of deep…
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Riskfuel Wins RiskTech Quadrant Category Leader
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,…
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Riskfuel joins the MaRS Fintech Cluster
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,…
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Scotiabank Awarded Technology Innovation of the Year
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…
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Riskfuel Wins Prestigious FIA Innovator of the Year Award
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…
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Riskfuel – University of Toronto Partnership
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…
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Ultra-fast and Accurate Derivatives Pricing: The Bermudan Swaption
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…
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Riskfuel Microsoft Collaboration, May 5
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…
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Riskfuel joins The DMZ, February 2
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.
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