The EURO Working Group for Commodities and Financial Modelling (EWGCFM) was founded in September 1986 in Lisbon by Prof. Jaap Spronk. The primary field of interest for the Working Group can be described as “quantitative models that help to solve problems faced by financial decision makers in the firm, intermediaries and the investment community”. With over 450 members and semi-annual meetings, it has become a well-established platform for scientific collaboration with the primary scope to link financial theory to practice.
The 73rd edition of the workshop focuses on advances in numerical methods for Finance and Insurance, aware that the complexity of modern financial contracts makes computational techniques mandatory for their evaluation. Estimates of values and risk must be accurate, to meet regulation requirements, and computed in a suitable turnaround time. It is then a challenging matter to focus on numerical simulation, with the aim of obtaining adaptive solution processes, that is, capable of being properly scaled to balance accuracy and computational efficiency on demand, depending on the evaluation context. The availability of big data has recently driven the research towards new methodologies based on Artificial Intelligence. Topics of interest include, but are not limited to risk management, derivative pricing, asset allocation, forecasting, life and non-life insurance among the others.
Web page: https://disaq.uniparthenope.it/73-meeting-ewgcfm/