PRMIA Announces 2021 Risk Management Challenge International Finalists
Congratulations to the
PRMIA Risk Management Challenge regional winners who will advance to the international finals on April 19, 2021. The 12 finalist teams will compete in two streams of judging (six teams each). The top team from each stream will compete against each other during the afternoon session for the international championship.
Fifty-seven teams representing a total of 221 students competed in this year's Challenge. Eleven PRMIA chapters hosted regional round events worldwide to narrow down the field to 12 finalist teams. We would like to recognize the tremendous dedication demonstrated by all of the teams and volunteers to persevere in this year's Challenge despite the disruptions caused by the coronavirus pandemic. This year's competition was fully virtual to ensure its continuity.
The students analyzed a famous currency options desk scandal that happened at NAB with regards to valuation. After the analysis, they proposed a modern risk dashboard that was coded in MATLAB or alternative software packages. The solutions provided included a better risk control framework for the options market desk and an analysis of earnings smoothing.
Finalist Teams
APAC Region
University: Birla Institute of Technology
and Science
Location: Pilani, India
Team: Orbitrage
Members:
Aditya Dhingra
Ashmita Jindal
Gagan Anand
Kevin Arnav
Egypt Chapter
University: AAMBFS
Location: Cairo, Egypt
Team: Dark Horse
Members:
Ahmed Ghanem
Samaa Tarek
Mahmoud Raafat
Mahynoor Ayman Salah
Frankfurt Chapter
University: University of Naples “Federico II”
Location: Naples, Italy
Team: The Black Swan
Members:
Dario Miranda
Maria Teresa Vitiello
Vittorio Mottola
Luca Celeste
Ireland Chapter
University: Trinity College Dublin
Location: Dublin, Ireland
Team: The Deviants
Members:
Conor Myers
Arijit Pramanik
Pallavi Muktesh
Alok Rawat
London Chapter
University: Imperial College London
Location: London, United Kingdom
Team: ICF4
Members:
Shun Lu
Charles Chen
Richard Zhang
Montreal Chapter
University: Cape Breton University
Location: Sydney, Nova Scotia
Team: Capers
Members:
Madhav Sethumadhavan
Ashwin Baburaj
Rajbir Kaur
Manesh Mohan
|
Toronto Chapter
University: Rotman School of Management, University of Toronto
Location: Toronto, Ontario
Team: The Big Four
Members:
Jason Ho
Xinyuan (Laura) Liu
Mingze Li
Xiangyi (Irene) Liang
Toronto Chapter
University: Rotman School of Management, University of Toronto
Location: Toronto, Ontario
Team: Risk Among Us
Members:
Xindi (Cindy) Ning
Julio (Guan Shiun) Chen Tsai
Chris Miao
Dave Zhang
Russia Chapter
University: New Economic School (NES)
Location: Moscow, Russia
Team: MYNES 2021
Members:
Artem Nalivayko
Sergey Borzenko
Ivan Osipov
Kirill Korenkov
Chicago Chapter
University: Georgia State University
Location: Atlanta, Georgia
Team: Quantitateam
Members:
Ruimin Chen
William Salas Avila
Youssef Zniber
Hungary Chapter
University: Babes-Bolyai University
Location: Cluj-Napoca, Romania
Team: Synergy Consulting
Members:
Zsolt Jakó
Barabási Tamás
Borsos András
Breier Andrea
New York Chapter
University: Columbia University, ERM
Location: New York, NY
Team: Columbia ERM
Members:
Jason Li
Benhao Li
Caren Zhang
David Liu |
In addition, we are recognizing the following teams with an Honorable Mention for their strong performance in the regional finals:
Lady Hawks - Stuart School of Business, Illinois Institute of Technology, Chicago, Illinois (Chicago)
CPDO Commemoration Committee - Frankfurt School of Finance and Management, Frankfurt, Germany (Frankfurt/Dusseldorf)
FS Risk - Frankfurt School of Finance and Management, Frankfurt, Germany (Frankfurt/Dusseldorf)
Two-Tailed Lions - Columbia University, New York, New York (New York)
CMC MSU - Lomonosov Moscow State University, Moscow, Russia (Russia)
We would like to recognize and thank our global sponsor, MathWorks, for its support of the 2021 Challenge, as well as QuantUniversity for offering in-kind scholarships to our international finalists. We're also grateful to our regional sponsors: Desjardins, RBC, and the University of Toronto's Rotman School of Management.