Joshie The Giraffe, Ritz Carlton Hotels And Exposure Engines

I've announced our event on exposure modeling / xVA calculations recently. It will take place at the Ritz Carlton Hotel in Vienna.

This reminded me of the beginning-hook story of the book UnSelling…about a family that spent a few days at a Ritz Carlton Hotel in Florida. Upon returning to California they discovered that their son's beloved stuffed giraffe, Joshie, had gone missing…knowing the son would probably not go to sleep without his favorite pal…the father decided to tell a little white lie: "Joshie's just taking a few more days on vacation at the resort…" (he told the hotel stuff about this story when asking for Joshie…)

Joshie had been found and shipped…and, surprisingly, the stuff has added a series of pictures witnessing Joshie's vacation…on a lounge chair by the pool wearing shades, getting a massage…and they also sent a Joshie at Ritz Carlton ID badge.

This is beyond customer service…

Beyond a seminar

Great to have our event at a Ritz Carlton…but our event is also driven by our "unselling" interpretation. We call  it a seminar, but it's designed as a "small-group process"...fully and interactively explaining
  • the regulatory framework
  • how to manage progressive problems
  • why it requires a set of new methods 
  • how we've built the engines for secure application
It's about a big change with individual consequences for individual market participants. It's complex but manageable. Especially in a framework of co-operation. So, we'll also point out that early project planning is required…and offer beyond customer service support.

Join us! 

Join Us at the Free UnRisk Exposure/xVA Engine Seminar in Vienna

Register for the FREE UnRisk Ecposure/xVA Seminar

11-Jun-15, 15.00 to 17.00
Ritz Carlton Hotel
Schubertring 5
1010 Wien

At the seminar we will fully explain why Exposure Modeling, comprehensive xVA (CVA/FVA/DVA:::) calculations, Central Clearing, Central Counter Party, Margin Rules…need new methods and how the engines must be built and applied to meet the requirements of the new regulatory regime…that forces significant changes in pricing as well as risk management.

We'll demo the UnRisk Exposure/xVA Engine live - presenting examples from the bank practice.

It's a big change…often underestimated.

Register now by sending an e.mail to Events (Name and Institution).

Wolfram Research and UnRisk Team Up for a London Event

A Workout in Computational Finance 2015

This is a free event: 18-Jun-15, 17.30-21.00 at the Fitch Learning Center in London

Wolfram Research and UnRisk, in collaboration with Fitch Learning, have teamed up to invite you to a free evening of inspiring quant finance sessions from machine learning, clustering, and classification and prediction techniques to risk management of dynamic strategy indices. We will also discuss the complexities of xVA calculations, including exposure modeling and incremental xVA calculations.

The workout is designed to give attendees the chance to see how sophisticated computational and algorithmic agility can be seamlessly injected into the finance workflow.

For details, visit the Wolfram Event page

The hot topics are

Machine learning in finance
Risk managing dynamic strategy indices

UnRisk will talk about
Exposure modeling and "incremental" xVA calculations