Ten years ago, the globe was gripped in a historic financial crisis. Markets crashed, entire countries defaulted – Greece is still reeling from the effects -- and the event forced major policy shifts that have shaped the financial landscape across the globe. This was the topic of presentations and discussions at the Isenberg School of Management’s annual CISDM conference on October 4.
Since the 1970s, innovation—conceptual and technological—has transformed the practice of finance. But “innovation itself doesn’t create growth” it must be “translated into the general economy,” insisted MIT finance professor Robert C. Merton in his keynote presentation at Isenberg’s Center for International Securities and Derivatives Markets’ (CISDM) annual research conference on October 6. Professor Merton—a 1997 recipient of the Nobel Prize in Economics—headlined an ambitious program devoted to diverse aspects of digitally enabled financial innovation, including cryptocurrencies, algorithmic trading, and other advances on the financial landscape. Attended by a packed house of 125 academics and practitioners, the daylong event took place at Boston’s Aloft Boston Seaport Hotel.
At this year's Center for International Securities and Derivatives Markets’ (CISDM) Annual Research Conference, one of many insights featured was how risk management and other analytical strategies in the finance profession’s tool kit can make a positive difference in the battle against climate change.
Nassim Taleb and other financial pundits headlined the Center for International Securities and Derivatives Markets (CISDM)’s annual Research Day. The speakers explored financial fragility, bubbles, and credit markets, including the current crisis in Greece.
October 31 conference "Financial Innovations, Sustainable Investments, & Social Entrepreneurship" coordinated by the Center for International Securities & Derivative Markets (CISDM) features four speakers, including Gavin Andresen, chief scientist at the Bitcoin Foundation.