Sponsorship

Risk Economics® sponsorship of awards and events, primarily associated with not-for profit organizations and academia.

Risk Economics® Sponsored the IAFE/SunGard 2012 Financial Engineer of the Year Award Gala

Risk Economics Sponsored the IAFE/SunGard 2012 Financial Engineer of the Year Award Gala

Risk Economics sponsored the IAFE/SunGard 2012 Financial Engineer of the Year (FEOY) Award Gala Dinner honoring Dr. Robert (Bob) Litzenberger. Bob Litzenberger is Professor Emeritus of Investment Banking at The Wharton School of the University of Pennsylvania, and a Fellow of the American Finance Association. Bob Litzenberger currently serves as a consultant and Board Member of RGM Advisors, a high speed electronic trading firm.

Risk Economics® Sponsored the IAFE/SunGard 2012 Financial Engineer of the Year Award Gala

After receiving his PhD from UNC, Chapel Hill, Bob Litzenberger started his academic career at Carnegie-Mellon University. The following year, he joined the faculty of the Graduate School of Business at Stanford University where he eventually became C.O.G. Miller Distinguished Professor of Finance. At Stanford, he was very active teaching and advising PhD students. In 1986, Bob Litzenberger joined the faculty of The Wharton School at the University of Pennsylvania as the Edward Hopkinson Professor of Investment Banking. While on leave from Wharton, Bob Litzenberger served as Director of Research and Chief Economist at AIG-Financial Products and served on its Board of Directors. Upon returning to Wharton, he established a course in financial engineering.

Bob Litzenberger joined Goldman Sachs in 1995 as Director of Derivative Research and Quantitative Modeling in the Fixed Income Division. In 1998 he became Firm-wide Risk Manager and was actively involved in Goldman Sach’s assessment of Long Term Capital’s portfolio. Bob Litzenberger became a Partner in 1999 and retired from an active role in late 2001.

From 2002 to 2007 he served as an Executive Director of Azimuth Trust, a fund-of-funds for hedge funds. While at Azimuth he developed an analytical risk and allocation system that accounted for the fat tails associated with financial crises.

Bob Litzenberger was named Risk Manager of the Year by Risk Magazine in 2001 and inducted into their Risk Hall of Fame in 2003. He is a former President of both the American Finance Association and Western Finance Association.  He has been on the editorial boards of the Journal of Financial Economics, the Journal of Finance and the Journal of Financial Quantitative Analysis. Bob Litzenberger  has co-authored a doctoral level textbook on financial economics and published more than 50 articles in the leading academic finance journals, many of which were co-authored with former students.

The award was presented to Bob Litzenberger on February 7, 2013, at the recently opened National Museum of Mathematics (MoMath) in New York City, during the annual IAFE/SunGard FEOY Award Gala Dinner. The IAFE/SunGard FEOY Award, established in 1993, recognizes individual contributions to the advancement of financial engineering technology. Nominations are submitted by a nominating committee of approximately 100 people, consisting of all the IAFE governing boards. They are then reviewed in a two step process by a selection committee of 25 members, including the IAFE board of directors and senior fellows. The 2012 year’s selection committee was chaired by Dr. Peter Carr, an IAFE senior fellow and the 2010 FEOY award winner.

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Risk Economics® Sponsored the IAFE/SunGard 2011 Financial Engineer of the Year Award Gala

Risk Economics Sponsored the IAFE/SunGard 2011 Financial Engineer of the Year Award Gala

Risk Economics® sponsored the IAFE/SunGard 2011 Financial Engineer of the Year (FEOY) Award Gala Dinner honoring Dr. Robert Engle.

Robert Engle is an expert in time series analysis with a long-standing interest in the analysis of financial markets. His ARCH model and its generalizations have become indispensable tools not only for researchers, but also for analysts of financial markets, who use them in asset pricing and in evaluating portfolio risk. His research has also produced such innovative statistical methods as cointegration, common features, autoregressive conditional duration (ACD), CAViaR and now dynamic conditional correlation (DCC) models.

He is currently the Director of the newly created NYU Stern Volatility Institute and is the Co-founding President of the Society for Financial Econometrics (SoFiE), a global non-profit organization housed at New York University. Before joining NYU Stern School of Business in 2000, Robert Engle was Chancellor’s Associates Professor and Economics Department Chair at the University of California, San Diego, and Associate Professor of Economics at the Massachusetts Institute of Technology (MIT).

Financial Engineer

The award was presented to Robert Engle on February 2, 2012, at the New York Stock Exchange in New York City, during the annual IAFE/SunGard FEOY Award Gala Dinner. The IAFE/SunGard FEOY Award, established in 1993, recognizes individual contributions to the advancement of financial engineering technology. Nominations are submitted by a nominating committee of approximately 100 people, consisting of all the IAFE governing boards. They are then reviewed in a two step process by a selection committee of 25 members, including the IAFE board of directors and senior fellows. The 2011 year’s selection committee was chaired by Dr. Richard Roll, an IAFE Senior Fellow and the 2009 FEOY award winner.

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Risk Economics® Sponsored the IAFE/SunGard 2009 Financial Engineer of the Year Award Gala

Risk Economics Sponsored the IAFE/SunGard 2009 Financial Engineer of the Year Award Gala

Risk Economics sponsored the IAFE/SunGard 2009 Financial Engineer of the Year (FEOY) Award Gala Dinner honoring Richard Roll. The gala took place on February 4, 2010, at the New York Stock Exchange in New York City.

Professor Richard Roll is the Joel Fried Chair in Applied Finance at the UCLA Anderson School of Management. He is also a principal of Compensation Valuation, Inc., and several other financial firms. Richard Roll’s business experience also includes three years with the Boeing Company in the early 1960’s where he worked on the Minuteman missile and the Saturn moon rocket. During 1985-87, he was a vice president of Goldman, Sachs & Co., where he founded and directed the mortgage securities research group. He has been a consultant for many U.S. corporations, law firms, and government agencies.

Risk Economics® Sponsored the IAFE/SunGard 2009 Financial Engineer of the Year Award Gala

The IAFE/SunGard FEOY Award, established in 1993, recognizes individual contributions to the advancement of financial engineering technology. Nominations are submitted by a nominating committee of approximately 100 people, consisting of all the IAFE governing boards. They are then reviewed in a two step process by a selection committee of 25 members, including the IAFE board of directors and senior fellows. The 2009 year’s selection committee was chaired by Dr. Jack Treynor, an IAFE senior fellow and the 2007 FEOY award winner.

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