News

Riskfuel Wins RiskTech100 Market Risk Innovation Award

Toronto, November 30, 2022 -- Riskfuel, an innovative technology company developing machine learning tools to accelerate pricing and derivatives valuation, announced today that it has won the RiskTech100 Market Risk Innovation category award and was recognized as a Rising Star. The Chartis RiskTech100® annual report is a comprehensive study of the world's leading providers of risk and compliance technology. The…
News

Riskfuel Joins Station Fintech Montreal Accelerator

Toronto, August 31, 2022 -- Riskfuel, an innovative technology company developing ML tools to accelerate 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 program designed to help founders accelerate their growth by introducing them…
News

Riskfuel Wins WatersTechnology Sell-Side Award For 2nd Year

Toronto, April 25, 2022 -- Riskfuel, an innovative technology company developing ML tools to accelerate pricing and derivatives valuation, announced today that it has been named Best Sell-Side Newcomer – Trading, Pricing & Analytics at the 2022 WatersTechnology Sell-Side Technology Awards. The awards recognize technological innovations that benefit firms such as investment banks that issue, sell, or trade securities. Riskfuel transforms…
April 12, 2022 in News

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…
Read More
September 24, 2021 in News

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…
Read More
September 20, 2021 in Press

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…
Read More
September 8, 2021 in Press

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…
Read More
September 2, 2021 in News

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…
Read More
July 6, 2021 in Press

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…
Read More
May 9, 2021 in News

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…
Read More
April 9, 2021 in News

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…
Read More
February 25, 2021 in News

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,…
Read More
February 17, 2021 in News

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,…
Read More
February 2, 2021 in News

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…
Read More
November 13, 2020 in News

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…
Read More
October 20, 2020 in News

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…
Read More
October 15, 2020 in News

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…
Read More
May 5, 2020 in News

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…
Read More
February 7, 2020 in News

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.
Read More
December 6, 2019 in News

1,000,000x faster capital markets risk management with Riskfuel

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

Riskfuel

1,000,000x