Financial Risk Processes: Stochastic and Statistical Models and their Applications

The global financial industry continues to develop more and more complex financial instruments and strategies, and the scientific community develops the mathematical, probability, statistical and computational techniques and tools to cope with them. This project contributes to research in this area, combining a deep and intensive theoretical study into continuous time stochastic processes with practical applications of the methodologies in financial and insurance risk processes. Outcomes will be of direct interest to the financial industry as well as having significant financial and mathematical interest. A coordinated effort involving Australian and top international experts will ensure an extremely high level research endeavour.