Global Risk Institute in Financial Services

Speakers:

John Hull-

Academic Director, Rotman FinHub; Maple Financial Group Chair in Derivatives and Risk Management

Dave Campbell-

Assistant Director, Data Science Applications, Bank of Canada;, Professor, School of Mathematics and Statistics and School of Computer Science, Carleton University

Synopsis: Using machine learning tools to generate synthetic data, Professor John Hull and his research team (Jay Cao, Jacky Chen, Zissis Poulos, Dorothy Zhang) have some promising results that suggest that synthetic data can be used to determine the capital requirements of banks. Professor Hull will walk through the research and discuss the opportunity to apply this research to real-time capital calculations.

Background: 
Synthetic Data: A New Regulatory Tool
Machine Learning In Business: An Introduction to the World of Data Science, 3rd edition. This edition contains new material on the generation of synthetic data.