HPCFinance improves financial risk management


Turn on the news and it will be about Eurozone crisis, Spain bank bailout, debt crisis, European Stability Mechanism (ESM), Italian bonds, the Greek crisis, and Risk Management.

HPCFinance is a 4-year multi-site Marie Curie Initial Training Network, funded by the European Commission. The multi-million Euro HPCFinance network started on May 1, 2012 and it aims to proactively train young people to respond to the future requirements in financial industry. The ultimate goal is to help to improve the financial strength of banks, pension funds, insurance companies, other financial institutions and households in Europe.

The HPCFinance network has three interconnected areas:

  • methodologies and modeling;
  • quantitative risk management and derivative pricing (fixed, index-linked and variable annuities and ALM asset liability management, including counterparty risk management); and
  • HPC engineering.

HPC Finance partner network consists of leading universities and companies, representing investment and insurance companies, banks, consultants, and high-performance computing solution providers: Citigroup, Barrie & Hibbert, Scottish Widows Investment Partnership, Techila Technologies, Tampere University of Technology, University of Manchester,… The full list of network partners and information of their projects in HPCFinance can be found on the HPCFinance web site.

If you are interested in developing your career and professional expertise at the fertile crossroads of Financial Engineering and High Performance Computing providing robust solutions to managing financial risks, you should not miss the opportunities available in HPCFinance. HPCFinance is seeking to recruit twelve Early Stage Researchers and two Experienced Researchers in the network under employment contracts with full social security coverage. More information about job opportunities in HPCFinance and how to apply for a position can be found at the HPCFinance web site at www.hpcfinance.eu.

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