Research

We emphasize and encourage links between academic researchers and practitioners at financial institutions to bring theoretical techniques to bear on real-world issues.

Research Focus

We are focused on identifying the best solutions in global risk practices

The recent financial crisis reinforced the centrality of research in assessing, reporting, and mitigating risks in the financial services sector. From both macro and micro perspectives, our research programs deliver a wide range of insights to assist our members

Research Approach

We emphasise and build connections between academic researchers and industry practitioners at financial institutions to bring theoretical techniques to bear on real-world issues.

Latest Research Reports

Governmental Responses and Firm Performance During the Pandemic: An Integrated Assessment

Governmental Responses and Firm Performance During the Pandemic: An Integrated Assessment Edina Berlinger, Department of Finance, Corvinus University of Budapest, Hungary Dieter Gramlich, Baden-Wuerttemberg Cooperative State University Heidenheim (DHBW), Germany Thomas Walker, John Molson School of Business, Concordia University, Montreal, Canada Yunfei Zhao, John Molson School of Business, Concordia University Montreal, Canada Download the full paper -… View Article

Financial Innovation Series: Artificial Intelligence and Machine Learning: A Model Risk Management Perspective

FINANCIAL INNOVATION SERIES: Artificial Intelligence and Machine Learning: A Model Risk Management Perspective Alexey Rubtsov, PhD, Senior Research Associate, Global Risk Institute Download the full Report – PDF Version INTRODUCTION The last decade has witnessed a large-scale adoption of Artificial Intelligence and Machine Learning (AI/ML)  models in the financial sector. Although there are many benefits… View Article

Gamma and Vega Hedging Using Deep Distributional Reinforcement Learning

Gamma and Vega Hedging Using Deep Distributional Reinforcement Learning John Hull, Senior Fellow, GRI and Professor, Joseph L. Rotman, School of Management, University of Toronto Jay Cao, Jacky Chen, Soroush Farghadani, Zissis Poulos, Zeyu Wang, and Jun Yuan Joseph L. Rotman, School of Management, University of Toronto Download the full Report – PDF Version OVERVIEW:… View Article

Emerging Risks

Our research team is tasked with identifying new and emerging insights to better understand risks and trends for the financial sector.