CFEM News

On Friday, December 6, Cornell University Professor Marcos Lopez de Prado testified to the U.S. House Committee on Financial Services about the Impact of AI on Capital Markets and Jobs in the Financial Services Industry. His message was clear—retrain existing talent because technical expertise is becoming more important for the financial industry. Current and future generations of financial professionals should be “trained to work alongside algorithms.” Professor Lopez de Prado emphasized that technical education has the potential to be a powerful tool against discrimination and that the... Read more

The event, which featured a panel and a reception, sparked a lively discussion about ESG's impact on the financial community. Speakers included the following: Hendrik Bartel CEO and Co-Founder of TruValue Labs Audrey Choi Managing Director, Chief Marketing Officer and Chief Sustainability Officer at Morgan Stanley Ross Garon Managing Director at Point72 Asset Management, L.P., and President of Cubist Systematic Strategies, LLC Kathleen Houssels Global Chief Investment Officer (CIO) at AXA Investment Managers Rosenberg Equities Lukasz Pomorski Managing Director and Head of ESG Research at AQR... Read more

CFEM alum Zach Escalante '13 led the second annual CFEM Webscraping Workshops for our students over the past two Fridays. Check out how our alumni give back to the community: https://lnkd.in/d5W4hga Read more

Read here to see how Cornell Financial Engineering faculty make a difference: https://www.bloomberg.com/…/the-master-of-robots-left-aqr-n… Professor Marcos Lopez de Prado was recently featured in Bloomberg for his innovative work at the crossroads of machine learning and quantitative finance. Read more

Marcos Lopez de Prado joins Cornell Financial Engineering Manhattan as a Professor of Practice after leaving his post at AQR as Principal and Head of Machine Learning. "We are delighted to welcome Marcos at CFEM. He has been instrumental in developing and advancing our Financial Data Science certificate, and he brings over 20 years of quant experience into our classroom,” said Victoria Averbukh, Director of CFEM. Before formally joining CFEM, Professor Lopez de Prado taught his graduate course “Advances in Financial Machine Learning” as a CFEM practitioner since 2016. Marcos has been named... Read more

We had so much fun catching up with old friends at Kingston Hall last Thursday. Over drinks and beef patties, incoming CFEM students celebrated the end of their first year and discussed their current summer internships. 100% of incoming CFEMers were placed in summer internships (68% of summer internship offers were a direct result of alumni connections and CFEM resume drops!) 98% of the FE students who completed their studies in December 2018 have accepted full-time offers and/or will pursue Ph.D. programs. We look forward to greeting all new students in Ithaca and New York City in the fall... Read more

Alliance Bernstein's Andrew Chin (Chief Risk Officer and Head of Quantitative Research) and Celia Chen (Data Scientist) came to the Cornell Tech campus on April 10th to discuss major changes in the asset management industry as a result of big data. This concludes our seminar series with Citi for the semester! We hope to collaborate again in the future, and we thank everyone for the continued support. Read more

On Wednesday, April 3rd, our panelists and attendees from a variety of career paths gathered for an informal discussion as women in finance. The conversation included such topics as the setbacks that all of us have overcome in the industry, challenges that women still face, and our visions for the future. It was a memorable chat, and we are grateful to all participants for the newfound inspiration. Read more

Dan diBartolomeo (Northfield Information Services) hosted a talk on the incorporation of text news analytics in risk assessment. CFEM had a great turnout at the Tata Innovation Center on Cornell Tech's campus, and it proved to be a fascinating exchange of ideas! Read more

Cornell Financial Engineering Manhattan partnered with Citi for the first time last Tuesday night on January 29th, 2019. Eric Newcomer, Chief Architect for Treasury and Trade Solutions at Citigroup, was the first speaker in our seminar series to highlight machine learning applications in finance. His presentation, "Projects and Experiences in Treasury and Trade Solutions," was well-received and brought together attendees from a wide variety of fields. Our next seminar will be held on February 27th with Dan diBartolomeo of Northfield Information Services, Inc. We hope to see more people attend... Read more