2021 RiskLab/BoF/ESRB Conference on Systemic Risk Analytics

Summary

Even after a decade of stable economic environment we are ever more concerned about consistent financial instability. Also, the fast development of AI methods in finance will pose new challenges and opportunities in our economic climate. This conference on systemic risk analytics brings together most recent advances on computational tools for systemic risk identification and assessment as well as future opportunities and threats of Big Data and AI. Also, the link between climate threats and economic policies need to be investigated. The scope of models and techniques includes systemic risk and early-warning indicators, network and contagion analysis, macro stress-testing, optimal timing of macro-prudential counter-measures as well as measures of coinciding systemic stress and systemically important financial institutions. The aim of the conference is to also adopt methods and techniques from other disciplines, such as computer science, engineering, biology and physics, that use computer-intensive approaches, novel data sources, visual representations or interactive interfaces, among others.

Topics

The themes of the conference cover policy and practitioner-oriented research related to systemic risk measurement. We solicit contributions covering a broad range of techniques related to systemic risk analytics, particularly related to (but not limited to) the following themes:

• Using systemic risk analytics to support macro-prudential policy and regulation
• Analysing emerging risks from interconnectedness of the financial system
• Use of big data and artificial intelligence for systemic risk analytics
• Identifying risks from market-based finance
• Risks and opportunities stemming from disruptive innovations in financial technology (FinTech)
• Optimal timing of Macro-prudential counter-measures
• Economic policies and the climate change

Programme and venue

The conference will take place on 1–2 July 2021. Traditionally the conference has held at the Bank of Finland premises in Helsinki, but due to current situation with COVID-19 and uncertainty what the future brings, the conference has been decided to organize as a hybrid event, i.e. including virtual participation as well. Further information will be published closer to the event. The conference includes keynotes and presentations.

Paper submission

Academic papers to be considered for presentation at the conference should be submitted via online form by 31 March: https://www.lyyti.in/SRA2021cfp. Accepted paper presenters will be notified in due course, as well as the format of the presentations; there will be both oral and poster presentations in the conference.

Registration instructions

We welcome academics and experts of the conference topics to participate in the conference. Participation requires pre-registration. There is no registration fee. However, participants are expected to pay their expenses for travel and accommodation. Registration will open later in the spring.

More information: fs.events@bof.fi.