BigDataFinance training event: Winter School on Complex networks in finance

Date: 9-13 January, 2017

Location: University of ZürichUZH logo

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Monday, 9 January 2017 Venue: Room 406,  Andreasstrasse 15, Building AND, 8050 Zurich
08:30 – 10:00 BDF lectures: Introduction to financial networks, Stefano Battiston (UZH)
10:00 – 10:30 Coffee break
10:30 – 13:00 BDF lectures: Credit valuation adjustments by a network-based methodology, Sumit Sourabh (ING)
13:00 – 14:00 Lunch
14:00 – 16:00 BDF tutorials: Network Analysis and Visualization Tools (Orbis, Neo4j, Gephi, Matlab), James Glattfelder (UZH), Borut Sluban (UZH)
16:00 – 16:30 Coffee Break
16:30 – 18:00: Marie-Curie fellows’ presentations I 16:30-18:30: Policy Network Jam

(Room AND-3-06)

18:00 – 19:30: Marie-Curie Board meeting
Tuesday, 10 January 2017 Venue: Room 406,  Andreasstrasse 15, Building AND, 8050 Zurich
08:30 – 10:00 BDF lectures: Investor networks in stock markets, Juho Kanniainen (TUT)
10:00 – 10:30 Coffee break
10:30 – 13:00 BDF tutorials: Blockchain technologies for financial markets, Richard Olsen (Lykke AG and OLSEN Ltd), Anton Golub (Lykke AG and OLSEN Ltd), Daniel Gasteiger (nexussquared)
13:00 – 14:00 Lunch
14:00 – 16:00 BDF Tutorials: Network based stress testing, Stefano Battiston (UZH),  Paolo Barucca (UZH)
16:00 – 16:30 Coffee break
16:30 – 19:30: Marie-Curie fellows’ presentations II

(Room AND-4-06)

16:30-18:30: Policy Network Jam

(Room AND-3-06)

20:00 BDF social dinner
Wednesday, 11 January 2017 Venue: Aula, KOL-G-201, Rämistrasse 71, 8006 Zürich
10:00-10:30 Welcome Coffee
10:30-10:45 Introductory remarks: Stefano Battiston (UZH)
Session 1. Valuation, Contagion, and Endogeneity in Financial Networks
10:45-13:00 Mauro Napoletano (OFCE-Sciences Po): Collateral Unchained: Rehypotecation networks, complexity and systemic effects

Marco D’Errico (UZH): Rethinking Financial Contagion

Paolo Barucca (UZH): Network Valuation in Financial Systems

13:00-14:00 Lunch
Keynote Session
14:00-15:00 Lucas Bretschger (ETH Zurich): Sustainability, Risk, and Climate Policy: The Long-Run Perspective.
Session 2. Climate Policies and Climate-finance Networks



Marc Chesney (UZH): Mitigating Global Warming: A Real Options Approach

Antoine Mandel (Paris School of Economics, University Paris 1 Panthéon-Sorbonne): A climate stress-test of the financial system

Veronika Stolbova (UZH): The climate-finance EA macro-network: mapping the exposure of the financial system to climate policy risks

17:00 – 17:30 Coffee Break
Session 3. Financial Networks and Civil Engagement on Sustainability
17:30-19:30 Giulia Porino (Finance Watch): Citizens Dashboard of Finance

Franziska Schütze (Global Climate Forum) and Hamza Zeytinoglu (Bosforus Univ.): Policy Network Maps Crowdsourcing

17:30-19:30 Parallel Session – Marie-Curie fellows’ presentations III (Room: KOL-G-209)
Thursday, 12 January 2017 Venue: Aula, KOL-G-201, Rämistrasse 71, 8006 Zürich
Session 4 (General public). Finance and sustainability: what role for civil society?

Panel session with final discussion

08:30-10:30 Antoinette Hunziker-Ebneter (Forma Futura Invest AG): Nachhaltigkeit in der Finanzindustrie – Utopie oder Realität

Prof. Anton Gunzinger (ETH and Supercomputing Systems): Erneuerbare Energie (in German)

Katharina Serafimova (WWF): tba

Thierry Philipponnat (Institut Friedland): The Role of Civil Society in Holding Financial Powers Accountable

Jared Bibler (Katla AG): Globalized market abuse: the example of Iceland

10:30-11:00 Coffee break
11:00-13:00 Marc Chesney (UZH): Financial Innovation and Systemic Risks

Stefano Battiston (UZH): Rethinking Sustainable Finance

Panel Discussion

13:00-14:00 Lunch
Keynote Session
14:00-15:00 Rama Cont (Imperial College): Systemic stress testing, fires sales and indirect contagion.
Session 5. Estimating Financial Networks and Systemic Risk with limited information. Chairman: Guido Caldarelli (IMT).
15:00-16:30 Luitgard Veraart (LSE): Adjustable Network Reconstruction with Applications to CDS Exposures.

Tiziano Squartini (IMT): Reconstructing economic and financial networks

Giulio Cimini (IMT): Statistically validated network of portfolio overlaps and systemic risk.

16:30-17:00 Coffee break
Session 6. Public Round Table. Disentangling the Finance-Climate-Inequality Nexus.
17:30-19:30 Hosting: Nobel Laureate Prof. Joseph Stiglitz (Columbia Univ.), Thierry Philipponnat (Institut Friedland), Sony Kapoor (Re-Define). Moderator: Katharina Serafimova.

Click here to see a video recording of the public round table session.

Friday, 13 January 2017 Venue: Aula, KOL-G-201, Rämistrasse 71, 8006 Zürich
Keynote Session
09:00-10:00 Franklin Allen (Imperial College): Financial Networks and Systemic Risk
Session 7. Over the Counter markets: insights from network theory. Chairman Kjell Nyborg (UZH)
10:00-10:50 Marco D’Errico (UZH): How does risk flow in the Credit Default Swap market?

Tarik Roukny (Univ. of Ghent): Compressing over-the-counter markets.

10:50-11:20 Coffee Break


Marc Chesney (UZH): Complexity of Structured Products

Inaki Aldasoro (BIS): Multiplex interbank networks and systemic importance: an application to European data

Christoph Aymanns (LSE): Illiquidity Spirals in Over-the-Counter Repo Markets

Kartik Anand (Deutsche Bundesbank): General discussion of Session 7

13:00-14:00 Lunch
Keynote Session
14:00-15:00 Joseph Stiglitz (Columbia Univ.): The Price of Complexity in Financial Networks
Session 8. Policy Applications of Financial Networks. Chairman Stefano Battiston (UZH)
15:00-15:40 Grzegorz Hałaj (ECB): ABM of systemic liquidity risk.

Kartik Anand (Deutsche Bundesbank): Capturing information contagion in a stress-testing framework

15:40-16:10 Coffee Break
16:10-16:50 Peter Sarlin (Hanken School of Economics and RiskLab Finland): RiskRank: Measuring interconnected risk.

Fabio Caccioli (UCL): Pathways towards instability in financial networks

Session 9. Conference Concluding Remarks
16:50-18:00 Stefano Battiston (UZH), Marc Chesney (UZH)
18:00-19:00 Marie-Curie fellows’ presentations IV