Risk Economics, Inc.

David K.A. Mordecai, President of Risk Economics, was invited to speak at the Global Association of Risk Professionals (GARP) Conference What Blockchain Means for Risk Management on September 12, 2016 at The Union League Club in New York City. This conference aimed to explore the connections between blockchain and distributed ledger technology, as well as financial and operational risk management.

David Mordecai participated in a panel entitled Getting from Here to There, which discussed the following topics:

• Financial industry application and fitness for purpose
• Infrastructure requirements, scalability and resiliency 
• Implications for risk management

The 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.

Risk Economics specializes in economic analysis of risk and liability. It provides advisory services at the intersection of commercial business-process engineering and risk engineering with a particular focus on coupling commercial reinsurance and financial technology, through the rigorous application of agent-based, demographic, and statistical methodologies to microeconomic and macroeconomic analytics.The Risk Economics^® client roster is diverse and includes governmental and quasi-governmental agencies, global insurance and reinsurance firms, leading law firms, technology firms, global banking institutions, asset management firms, multinational corporations with interests in natural resources, commodities, and energy, as well as government agencies and regulators.