Next Generational Financial Cyberinfrastucture Workshop
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Overview
The Great Recession of 2008 and the continuing reverberations in the Eurozone have highlighted significant limitations in the ability of regulators and analysts/researchers to monitor and model the national and global financial ecosystem. This includes the lack of financial cyberinfrastructure to ingest and process numerous streams of financial transactions, as well as the accompanying data streams of economic activity, in real time. Also absent are open standards and shared semantics so that this data can be used to populate models of individual markets, financial networks and the interconnected ecosystem representing the global financial system. The most important challenge is the need to develop computational research frameworks, models and methods, in the spirit of past efforts to identify computational grand challenges in a diversity of data intensive domains including the biomedical sciences, health information management, climate change, etc. The next generation of financial cyberinfrastructure must provide a platform that can transform our current approaches to monitoring and regulating systemic risk. The goal of this workshop (and related activities) is to work closely with federal regulatory agencies, academic research communities in computer science, finance, economics and other related disciplines, the financial industry and the computing industry. The broader impact will include the following: * A blueprint for the next generation financial cyberinfrastructure. * A computational research framework with models and methods that are needed to transform the monitoring and regulation of systemic risk. * Best practices for the software industry and a robust regulatory framework. * Multi-disciplinary Ph.D. level curriculum and doctoral dissertation challenges.
Sponsors
National Science Foundation, Division of Information & Intelligent Systems
Organizers
Organizers * Louiqa Raschid, Professor, University of Maryland * H.V. Jagadish, Professor, University of Michigan * Michelle Lui, University of Maryland
Advisory Committee * Pete Kyle, Professor, University of Maryland * Lemma Senbet, Professor, University of Maryland * Nancy Wallace, Professor, University of California Berkeley
Participants
For a list of participants click here
Background Reading
For a list of articles click here
Agenda
For the agenda click here
Research Challenges
For the challenges click here
Logistics
When and Where
July 19-20, 2012
1919 North Lynn Street
Arlington, VA 22209 For information regarding workshop location, accommodations, and travel, click here