Appointments, Awards & Establishment

News of appointments relating to Risk Economics or the principals of Risk Economics.

David Mordecai Joins the University of Chicago Booth School of Business Faculty

David Mordecai Joins the University of Chicago Booth School of Business Faculty

Risk Economics is pleased to announce that David K.A. Mordecai has been invited to join the faculty at his alma mater, the University of Chicago Booth School of Business. As Adjunct Professor of Econometrics and Statistics, he will be teaching a foundational graduate-level course in business statistics in the Autumn 2022 quarter.

David K.A. Mordecai, Ph.D. is President and Co-Founder of Risk Economics, a New York City based advisory firm. Risk Economics specializes in the application of computational economics and statistics 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. As Practice Lead for the Risk Economics® litigation, regulation and arbitration expert advisory practice, David K.A. Mordecai serves as an expert on (i) loss causation and economic damages related to liability from operational and model risk, machine testimony, algorithmic bias, as well as (ii) the analysis of computational and digital forensics, (iii) market structure, (iv) financial institutions governance, (v) complex issues related to finance, economics and market standards and practices within securities, derivatives, reinsurance, and commodities markets, as well as (vi) industrial engineering, economics and market structure across a diverse range of non-financial industry sectors.

Since 2013, Dr. Mordecai has also served as the first Scientist-in-Residence at FinTech Innovation Lab, 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.

He earned a Ph.D. with concentrations in Econometrics/Mathematical Statistics and Economics/ Industrial Organization from the University of Chicago, and an M.B.A. in Finance from NYU Stern School of Business. His dissertation research applied principal components analysis to risk-based leverage estimation with a focus upon empirical tests of the limits of arbitrage, and how market shocks trigger contagion via the financing of highly leveraged financial institutions during periods of extreme market volatility. In addition to studying financial economics and market microstructure, as well as the economics of law, regulation and industry structure, his doctoral education included the study of Bayesian decision theory, social network analysis and behavioral economics.

David Mordecai Joins the University of Chicago Booth School of Business Faculty

About the University of Chicago Booth School of Business
The University of Chicago Booth School of Business (Chicago Booth or Booth) is the graduate business school of the University of Chicago. Founded in 1898, Chicago Booth is the second-oldest business school in the U.S. and is associated with nine Nobel laureates in the Economic Sciences, more than any other business school in the world.

Samantha Kappagoda and David K.A. Mordecai were Appointed as American Bar Association Advisors to Uniform Law Commission Study Committees

Samantha Kappagoda and David K.A. Mordecai Were Appointed as American Bar Association Technical Advisors to Uniform Law Commission Study Committees

Samantha Kappagoda and David K.A. Mordecai were each appointed as American Bar Association (ABA) Advisors to Uniform Law Commission (ULC) Study Committees.

Samantha Kappagoda was appointed as an ABA technical advisor to the newly-formed ULC Committee on Public Health Emergency Authorities. This committee studies and reports on the need for and feasibility of one or more uniform state laws addressing the authority of state governments to respond to epidemics, pandemics and other public health emergencies.

David K.A. Mordecai was also appointed as an ABA technical advisor to the ULC Committee on Mitigation of Public Health Emergency Business Disruptions, which studies the need for and feasibility of one or more uniform state laws providing special rules and procedures to mitigate the impact of an epidemic, a pandemic or other public health emergency on the operation of businesses. He also serves as an ABA technical advisor on the ULC Study Committee on Event Data Recorders in Cars which is studying the need for and feasibility of uniform or model state legislation concerning event data recorders and generated vehicle data.

Samantha Kappagoda and David K.A. Mordecai Appointed as American Bar Association Advisors to Uniform Law Commission Study Committees

Samantha Kappagoda and David K.A. Mordecai are both active ABA members. Samantha Kappagoda is Vice-Chair of the Science & Technology Law Section’s Insurance Technology and Risk Committee and David Mordecai serves as Vice-Chair of the Science & Technology Law Section Artificial Intelligence and Robotics Committee, and the Nanotechnology Committee.

David K.A. Mordecai was Invited to Join the Advisory Board for the Institute for Data Science at Durham University

David K.A. Mordecai was Invited to Join the Advisory Board for the Institute for Data Science at Durham University

David K.A. Mordecai joined the Advisory Board for the Institute for Data Science (IDAS) at Durham University, at the invitation of Dr. Frank Krauss, Professor of Physics and Director of IDAS at Durham.

IDAS was established in September 2019, and is a multidisciplinary initiative in data science. The IDAS mission is the following:

  • Provide a central hub for high quality research in artificial intelligence, machine learning and data analytics
  • Seed opportunities for interdisciplinary research across faculty within the University, and collaboratively with external partners
  • Focus data science expertise to engage with specific needs for industrial growth in North-East England and beyond
  • Establish a credible, strong, multi-disciplinary umbrella structure supporting large-scale projects, at a national and international level
David K.A. Mordecai was Invited to Join the Advisory Board for the Institute for Data Science at Durham University

About Durham University
Durham University is based in Durham, England, and was founded by an Act of Parliament in 1832 and incorporated by royal charter in 1837. The university is a member of the Russell Group of British research universities. For more information, visit: https://www.durham.ac.uk/homepage/.

Samantha Kappagoda Joined the Lester B. Pearson International Scholarship Committee at the University of Toronto

Samantha Kappagoda Joined the Lester B. Pearson International Scholarship Committee at the University of Toronto

Samantha Kappagoda was invited to join the Lester B. Pearson International Scholarship Committee at the University of Toronto in January 2019.

The Lester B. Pearson International Scholarship at the University of Toronto offers an unparalleled opportunity for outstanding international students who demonstrate exceptional academic achievement, creativity and leadership. The scholarship is named for Lester B. Pearson (UofT BA 1919), a scholar, statesman, soldier, Nobel Prize winning diplomat and the 14th prime minister of Canada (1963-68). The scholarship covers tuition, books, incidental fees, and full residence support for four years.

Samantha Kappagoda is Chief Economist and Co-Founder of Risk Economics. She earned an M.A. in Economics with concentrations in Industrial Organization and Monetary Economics from the University of Toronto, where she was a Massey College Junior Fellow and awarded the Ontario Graduate Scholarship.

Samantha Kappagoda Joined the Lester B. Pearson International Scholarship Committee at the University of Toronto

About the University of Toronto
The University of Toronto is a public research university based in Toronto, Ontario, Canada. It was founded by royal charter in 1827 as King’s College, the first institution of higher learning in Upper Canada. The University of Toronto offers over 700 undergraduate and 200 graduate programs. In all major rankings, the university consistently ranks in the top 10 public universities in the world and as the top university in the country. It receives the most annual scientific research funding and endowment of any Canadian university and is one of two members of the Association of American Universities outside the United States.

Blockchain

AlphaPoint Appoints David K.A. Mordecai as a Scientific Board Advisor

AlphaPoint, a blockchain company, offering financial technology solutions for institutional operators by providing global access to digital assets and cryptocurrencies, affirmed the 2016 appointment of David K.A. Mordecai as Scientific Board Advisor. The appointment to the Alphapoint Advisory Board of Kamran Rafieyan, Co-Founder at Enceladus Trading and Sandra Ro, Managing Partner and Chief Operating Officer at UWINCorp was also announced.

AlphaPoint is described as “a global financial technology company helping institutions make illiquid assets liquid. Through its secure, scalable, and customizable distributed ledger platform, AlphaPoint enables customers to digitize assets as well as launch and operate markets.”

Blockchain

Alphapoint was a graduate in the 2016 cohort for FinTech Innovation Lab (FTIL), a highly competitive program that helps early- to growth-stage companies in fintech industry grow their business with support from the world’s top financial service firms. David Mordecai has served as the first Scientist-in-Residence for FTIL since his appointment in 2013.

Read the AlphaPoint press release here: https://www.globenewswire.com/news-release/2018/03/15/1438333/0/en/AlphaPoint-Appoints-FinTech-and-Capital-Markets-Veterans-to-Advisory-Board.html.

Samantha Kappagoda and David K.A. Mordecai Were Appointed as Scientific Board Advisors to ForwardLane

Samantha Kappagoda and David K.A. Mordecai Were Appointed as Scientific Board Advisors to ForwardLane

Samantha Kappagoda and David K.A. Mordecai were appointed as Scientific Board Advisors to ForwardLane.

ForwardLane is described as “powerful artificial intelligence technology [that] provides advisors of all sizes with signals and next-best actions prompts”. ForwardLane was a graduate in the 2016 cohort of FinTech Innovation Lab (FTIL), a highly competitive program that assists early- to growth-stage companies in the fintech industry grow their businesses with support from the leading global financial service firms. Dr. Mordecai has served as the first Scientist-in-Residence for FTIL since his appointment in 2013.

Samantha Kappagoda and David K.A. Mordecai Were Appointed as Scientific Board Advisors to ForwardLane

Samantha Kappagoda is Chief Economist of Risk Economics® and co-advises research activities at RiskEcon® Lab @ Courant Institute of Mathematical Sciences. David Mordecai is President of Risk Economics® and advises research activities at RiskEcon® Lab.