David K.A. Mordecai, President of Risk Economics® and Scientist-in-Residence at FinTech Innovation Lab, was interviewed by the Global Association of Risk Professionals (GARP) Risk Intelligence for an article on peer-to-peer lending, The P2P Explosion: Business Models May Change, but Risks Still Need to Be Managed, written by Katherine Heires.
Also interviewed was Linda Kreitzman, Executive Director of the master’s program in financial engineering at the UC Berkley Haas School of Business, in addition to various industry participants, and new entrants into the peer-to-peer lending business.
Risk Economics is a New York City based advisory firm, specializing in the application of computational economics to the proprietary development and scalable implementation of robust modeling and data analytic frameworks for valuation, strategic and systemic risk analysis, and dynamic asset-liability management. The scope of activities includes applying the expertise of Risk Economics in product development, as well as FinTech strategy and process engineering, to the commercialization of R&D for risk and liability management analytics.
David Mordecai leads research activities at RiskEcon® Lab for Decision Metrics @ Courant Institute of Mathematical Sciences NYU established in 2011, and is also Visiting Scholar at the Courant Institute of Mathematical Sciences NYU. As of 2012, he holds a joint appointment as Senior Research Scholar for Computational Economics of Commerce, Law and Geo-Politics at NYU Stern Graduate School of Business.
Global Association of Risk Professionals (GARP) has a mission to advance the risk profession through education, training, and the promotion of best practices globally, as the leading professional association for risk managers. GARP enables the risk community to make better informed risk decisions through “creating a culture of risk awareness®”, by educating and informing at all levels, from those beginning their careers in risk, to those leading risk programs at the largest financial institutions across the globe, as well as, the regulators that govern them.