Capco and NYU-Poly Department of Finance and Risk Engineering Bring Together Leading Experts to Discuss the Post-Crisis Future of Finance

NEW YORK, June 6, 2011 /PRNewswire/ -- The inaugural annual conference of the NYU-Poly-Capco Institute Paper Series in Applied Finance will take place on June 16, 2011 at the Polytechnic Institute of New York University (NYU-Poly). The conference will provide a forum for senior financial services executives and recognized finance and economic academics to debate and discuss the future of financial innovation and entrepreneurship in an increasingly regulated environment.  

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As financial institutions and markets recover from the worst financial crisis in decades, new regulatory mandates will change the way business operates at a fundamental level. This conference will shed light on what financial institutions look like under this new paradigm and the best practices those institutions should embrace to survive and succeed.

The conference offers six discussion panels on the following topics: Banks Finance/Insurance: Competition or Convergence; Future of Financial Regulation; Future of Financial Services; Financial Innovation and Entrepreneurship; Future of Risk Management; The CIO/CTO Panel.

Speakers at the conference include leading authorities on financial economics, including senior executives from major financial institutions as well as noted academics. The keynote address, "Measuring Fragility," will be given by Nassim Taleb, Distinguished Professor of Risk Engineering, Department of Finance and Risk Engineering, NYU-Poly. The full agenda can be found here.

Other speakers include: Christopher Hamilton, Director, NYU-Poly-Capco Institute Paper Series in Applied Finance; Member of the Board of Editors, Journal of Financial Transformation, and Partner, Capco; Joe Anastasio, Member of the Board of Editors, Journal of Financial Transformation, and Partner, Capco; and Charles S. Tapiero, Topfer Distinguished Professor of Financial Engineering and Technology Management, and Chair, Department of Finance and Risk Engineering, NYU-Poly.

Professor Charles Tapiero, Topfer Distinguished Professor of Financial Engineering and Technology Management; Chair, Department of Finance and Risk Engineering at NYU-Poly  and Co-Editor-in-Chief, Risk and Decision Analysis: "The causes and impacts of the worst global financial crisis since World War II continue to be widely analyzed, and Capco and we recognized that the time has come to unite some of the best minds in finance and risk engineering to take the measure of the crisis and its lessons for our own sphere. The import of the issue can be judged by how quickly we were able to assemble 30 highly respected scholars and practitioners to lead the discussion paths. Their insight will inform today's decisions and also those of the next generation of financial engineering and risk professionals who are being educated today at NYU-Poly."

Professor Shahin Shojai, Global Head of Strategic Research at Capco; Editor of the Journal of Financial Transformation; and Director of the Cass-Capco Institute Papers Series on Risk: "For over forty years the worlds of academic finance and business have been operating within separate silos with very little genuine interaction. The results have been the development of models that are beautiful on paper and almost impossible to practically apply. We at Capco have been striving to bridge this gap and have found within NYU-Poly the perfect partners for doing so. Our hope is that this is the first of many such meetings where we can come together to develop ideas that can help us succeed in the post-crisis environment we are now entering."

Christopher Hamilton, Director, NYU-Poly-Capco Institute Paper Series in Applied Finance; Member of the Board of Editors, Journal of Financial Transformation, and Partner, Capco: "This collaboration with Polytechnic Institute of New York University provides an excellent forum to bring great minds together to discuss what needs to be done to prepare the financial services industry for prosperity in a post-crisis world. By bringing these great thinkers in finance and economics together, we can look forward, not backward, to build a more solid and globally sustainable financial services industry for the future."

For the latest issue of The Capco Institute's Journal of Financial Transformation, please click here.

About Capco

Capco, the global business and technology consultancy dedicated solely to the financial services industry. Our professionals combine innovative thinking with our unrivalled first-hand industry knowledge to offer our clients consulting expertise, complex technology and package integration, and managed services to move their organizations forward. Through our collaborative and efficient approach, we help our clients successfully increase revenue, manage risk and regulatory change, reduce costs and enhance control. We specialize in banking; capital markets; wealth and investment management; finance, risk & compliance; and technology. We serve our clients from offices in leading financial centers across North America and Europe. To learn more, visit our web site at www.capco.com.

About the Department of Finance and Risk Engineering at Polytechnic Institute of New York University

The Department of Finance and Risk Engineering at Polytechnic Institute of New York University provides a multi-faceted education in financial engineering and is the largest master of science program of its kind in the Western world, with 200 students and more than 35 faculty members. The program was founded with support of the Alfred P. Sloan Foundation. It was the second such program in the world, and the first to be certified by the International Association of Financial Engineers. With educational sites on Wall Street and NYU-Poly's main Brooklyn campus, faculty is composed of adjunct, industry and research professors, all with extensive practical experience, who produce world-class research and collaborate with international scholars in academia and industry. For more information, visit http://www.poly.edu/academics/departments/finance.

Polytechnic Institute of New York University (formerly Polytechnic University), an affiliate of New York University, is a comprehensive school of engineering, applied sciences, technology and research, and is rooted in a 157-year tradition of invention, innovation and entrepreneurship: i-squared-e. The institution, founded in 1854, is the nation's second-oldest private engineering school. In addition to its main campus in New York City at MetroTech Center in downtown Brooklyn, it also offers programs at sites throughout the region and around the globe. Globally, NYU-Poly has programs in Israel, China and is an integral part of NYU's campus in Abu Dhabi. For more information, visit www.poly.edu.

SOURCE Polytechnic Institute of New York University; Capco