Stop Messing with Your Volatility Surface

FIA Market Voice, October 2021

Riskfuel has developed a technology to automatically complete volatility surfaces for even the most illiquid assets. The technology is purely data-driven and makes no assumptions about the process driving the underlying asset, nor about the shape of the surface. By completely removing human bias from the equation, new insights into volatility dynamics are now possible.

BMO is Using Riskfuel AI to Accelerate Structured Note Pricing and Scenario Analysis

Bank of Montreal, Sept 2021

It’s official! BMO is a Riskfuel customer. After a successful pilot tackling one of their most complicated valuation models, we are joining forces to accelerate a whole slate of models used by the structured products desk.

Eureka! The XVA Compute Challenge Solved

Wilmott Magazine, Sept 2021

XVA sees your trading book valuation problem and raises it by whatever magnitude induces hyperventilation. Ryan Ferguson discusses how a moment of inspiration led to total domination of the XVA compute problem

How XVA Quants Learned to Stop Worrying and Trust the Machine Magazine, July 2021

Initial scepticism about using neural networks for derivatives pricing is giving way to enthusiasm. 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.

Deep XVAs and the Promise of Super-Fast Pricing Magazine, June 2021

Monte Carlo is synonymous with fast cars, fast money and – in financial circles – a painfully slow way of valuing derivatives. Now, banks are turning to machine learning in a bid to give their pricing models a turbo-boost. The technique involves training so-called deep neural networks to approximate the results of Monte Carlo models without having to run millions of simulations.

Riskfuel Wins WatersTechnology's Best Sell-Side Newcomer Award

May 2021

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 Joins OnRamp Insurance Accelerator

May 2021

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. 

Riskfuel Customer Wins Top Award

Feb 2021

Scotiabank wins’s Technology Innovation of the Year. In partnership with tech vendor Riskfuel, the bank has trained deep neural networks (DNNs) as a valuation methodology within the framework. Put into practice, the platform’s web interface allows the bank’s front office to run XVA analysis with real-time data on either existing active trades or ‘what-if’ trades with potential clients.

Riskfuel Wins FIA Innovator of the Year Award

Nov 2020

Riskfuel was one of nine startups selected to participate in the annual Innovators Pavilion at the FIA Expo. 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 to the challenges of derivatives valuation”.

Microsoft: Riskfuel Technology is 20,000,000x Faster

Ian Finder, Microsoft, April 2020

Results of Microsoft collaboration with Riskfuel to measure performance of Riskfuel-accelerated production models.