David K.A. Mordecai, President of Risk Economics, participated in Demo Day 2023 for FinTech Innovation Lab (FTIL) on June 22, 2023, as Scientist-in-Residence for FTIL. FTIL is an accelerator platform for early and growth stage technology firms, organized by the Partnership Fund for New York City, in conjunction with Accenture and a consortium of venture capital firms and global financial institutions.
As Scientist-in-Residence for FTIL, Dr. Mordecai is one of seven Executives-in-Residence who are part of the FTIL Mentors Network, which is comprised of over 30 seasoned entrepreneurs who have successfully launched and scaled a financial technology company to acquisition or IPO. Members of the Network serve as mentors and informal advisors for companies accepted into FTIL, providing guidance on the broad range of issues faced by senior management of financial technology (FinTech) companies.
David Mordecai is President and Co-Founder of Risk Economics, Inc., and advises research activities at RiskEcon® Lab @ Courant Institute of Mathematical Sciences NYU.
Applicants to FTIL are required to have at least a working beta version of their technology that is ready for testing in either the institutional or retail market. The Chief Technology Officers from the 40 supporting financial institutions and venture capital firms selected the ten Fintech companies participating in the 2023 cycle, which included 55/Redefined, Jaid, Breakthru, Billy and Lab1.
About Risk Economics, Inc.
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 analysi. 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. For additional information, please visit https://riskeconomicsinc.com/.