Emerging Disruption: Buy Now Pay Later in Canada

March 21, 2022 4:41 pm Published by

This report examines the potential of BNPL from a Canadian perspective. We introduce the current state of BNPL in Canada and the potential evolution pattern in the future. In addition, various risks associated with the BNPL disruption are discussed to help financial sector leaders better assess opportunities in the market.

Deep Hedging of Derivatives Using Reinforcement Learning

February 16, 2022 9:53 am Published by

One of the areas in finance where machine learning is having an impact is the hedging of derivative portfolios. If there were no transaction costs, one strategy would be to zero out all the Greek letters (delta, gamma, vega, etc.). But in practice, a trader must follow a partial hedging strategy that reflects trade-offs between risk reduction and transaction costs.

GRAFT Update on World Economic Forum’s 2022 Most Severe Risks

February 8, 2022 9:42 am Published by

World Economic Forum’s 2022 Risk Report highlight’s global environmental concerns as top of mind, followed closely by Societal concerns metal health deterioration and Social cohesion erosion, and continuing Technological concerns failure of cyber security and in Canada a potential Debt Crises and Geoeconomic confrontations.