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From theory to practice with agent-based modelling – GARP

Simudyne has been featured in the Global Association of Risk Professionals.

Check out the full article here.

Excerpt

A London‐based fintech venture, Simudyne says that it is offering a commercial version of a financial crisis model developed by the U.S. Treasury’s Office of Financial Research (OFR) that would be of particular interest to central banks and private-sector banks, as well as sovereign and pension funds, and specifically to the risk managers at all such entities.

“It represents a multimillion‐dollar investment by the U.S. government to build a robust model of the U.S. economy that can be used for analyzing indications of financial vulnerability,” says Simudyne co-founder and CEO Justin Lyon.

The firm announced its licensing rights to the model late last year and has started work with Barclays in the training and employment of the Simudyne simulation platform as a crisis and general risk management and decision-making tool.

Chloe Hibbert