Systemic Risk Centers

You will find below information regarding the different research centers highly specialized in the topic of systemic risk, located in the Americas, Europe and Asia Pacific. Moreover, as a complement, you will also find information on other global centers of related interest.

    Research Centers Specialized in Systemic Risk

  • Center for Risk Management - University of Lausanne

    Center for Risk Management

    The Center for Risk Management at Lausanne (CRML) was created in 2011 and is focusing on risk management and quantitative methods. The main objective of the Center is to carry out internationally competitive research and to translate breakthroughs into ideas that are implemented in the local and global industry as well as by the regulator and central banks.

  • Center of Excellence SAFE - Goethe University of Frankfurt

    Center of Excellence SAFE

    The Center of Excellence "Sustainable Architecture for Finance in Europe" (SAFE) is a cooperation of the Center for Financial Studies and Goethe University of Frankfurt funded by the Hessian excellence initiative LOEWE. The Center, which is located at Goethe University's House of Finance, is dedicated to research and policy advice in the area of finance.

  • Centre for International Finance and Regulation (CIFR)

    Centre for International Finance and Regulation

    The Center for International Finance and Regulation (CIFR) is a Center of Excellence for research and education in the financial sector. The mission of the CIFR is to promote financial sector vibrancy, resiliency and integrity, supporting Australia as a regional financial centre through leading research and education on systemic risk, financial market developments and market and regulatory performance.

  • Complexity Research Initiative for Systemic Instabilities (CRISIS)

    Complexity Research Initiative for Systemic Instabilities

    The Complexity Research Initiative for Systemic Instabilities (CRISIS) is a consortium of universities, private firms and policymakers that aims to build a new model of the economy and financial system that is based on how people and institutions actually behave. The consortium is composed by researchers from 11 leading European academic and private sector institutions and supported by an advisory board of senior current and former policymakers and financiers.

  • Center for the Management of Systemic Risk - Columbia University

    Center for the Management of Systemic Risk

    The projects of this center are targeted towards gaining a fundamental understanding of systemic risks by adapting concepts, tools and techniques from systems engineering for financial systems. The center also works on applying this understanding to improve the modeling, design, monitoring, analysis, regulation and management of financial systems to minimize systemic risk. The goal is not only to develop methodologies but also to implement them in software in order to provide tools that can be used by practioners for the better monitoring and management of systemic risk.

  • Consortium for Systemic Risk Analysis (CSRA)

    Consortium for Systemic Risk Analysis

    The Consortium for Systemic Risk Analysis (CSRA) seeks to foster collaboration between academic and industry research communities on issues related to the interrelatedness of markets and potential sources of systemic risk. The Consortium strives to work proactively and collaboratively with government agencies, academic institutions, and the global business community to develop open-source research, and to increase awareness of potential systemic events.

  • ETH Risk Center - Swiss Federal Institute of Technology in Zurich

    ETH Risk Center

    The aim of this Risk Center is to build an integrated view of risk landscapes and develop the means to understand, assess, compare and manage these. Its research output will help societies to better manage risk portfolios and to design novel solutions and collaborative risk reduction schemes.

  • European Systemic Risk Board - European System of Financial Supervision

    European Systemic Risk Board

    The European Systemic Risk Board (ESRB) was created in 2010 is dedicated to identify and monitor systemic risk, and to issue policy recommendations to mitigate such risks. ESRB provides a set of quantitative and qualitative indicators to identify and measure systemic risk in the EU financial system.

  • French Prudential Supervisory Authority - Chair ACPR "Regulation and Systemic Risk" (French Website)

    Consortium for Systemic Risk Analysis (French Website)

    The main organizing research missions of the Chair Autorité de Contrôle Prudentiel et de Résolution (ACPR) is to facilitate the contact between academics and the ACPR and to develop an international center for reflection and proposals regarding systemic risk management.

  • Harvard Law School – Weblogs Systemic Risk

    Harvard Law School – Weblogs Systemic Risk

    The Harvard Law School Forum on Corporate Governance and Financial Regulation is sponsored by the Harvard Law School Program on Corporate Governance. The Forum provides updates on working papers, seminars, speakers, and other activities sponsored by the Program. The Forum also features communications about corporate governance and financial regulation by individuals associated with the Program — faculty, fellows, and members of the Program’s advisory board — as well as by guest contributors and others.

  • Institute of Global Finance

    Institute of Global Finance

    The IGF works in collaboration with the NYU Volatility Institute. Their work focuses on banks’ systemic risk, global financial stability and financial institutions. The IGF works with business and finance organisations such as PwC, Finsia and BlackRock and international institutions such as the Asian Development Bank and the World Bank, with the aim of providing cutting edge research with policy applications for the finance industry and policy makers.

  • Laboratory for Financial Engineering - MIT Sloan School of Management

    MIT Laboratory for Financial Engineering

    The Laboratory for Financial Engineering (LFE) is an MIT research center created as a partnership between academia and industry, designed to support and promote quantitative research in financial engineering and computational finance. The goal of LFE is not only to spur advances in financial engineering, but also to develop better ways to teach students and executives how to apply financial technology in corporate settings.

  • NUS Risk Management Institute - National University of Singapore

    NUS Risk Management Institute

    The NUS Risk Management Institute (RMI) was established in 2006 and is dedicated to the area of financial risk management. The establishment of RMI was supported by the Monetary Authority of Singapore (MAS) under its program on Risk Management and Financial Innovation. The RMI aims to be a world-class center in risk management through research, education and training.

  • Princeton Institute for International and Regional Studies (PIIRS)

    Princeton Institute for International and Regional Studies

    PIIRS promotes scholarship and teaching on issues of global importance and sponsors a variety of programs and activities aimed at advancing knowledge of world cultures and global problems. The Global Systemic Risk community inside the PIIRS will focus on the robustness and fragility of global human-made organizational systems and is concerned with risks that have short- to medium-term likelihood and consequences.

  • RiskLab Madrid

    RiskLab Madrid

    RiskLab-Madrid is a R&D unit of the Universidad Autónoma de Madrid, focused on the study and management of financial risks. Although this was the initial scope of its existence, RiskLab-Madrid now developes not only original academic research but also financial software and financial consulting projects. The RiskLab-Madrid structure assures that the latest developments in financial modeling can be turn into practice with user friendly software interfaces, most of them developed in Java, that provides our clients with a modular, powerful and tailor made applications that work fast and accurately.

  • RiskLab Finland

    RiskLab Finland

    RiskLab Finland is a research laboratory with the objective to study and develop the fields of risk management and analytics. RiskLab Finland maintains the VisRisk platform for visual systemic risk analytics. VisRisk is a collaboration between RiskLab and infolytika that develops the interface technology in use. There are three particular focus areas of RiskLab Finland: Systemic financial risk, Risk analytics and Interpretable models.

  • RiskLab Global - University of Toronto

    RiskLab Global

    Risklab Global is an international network of RiskLabs sponsored by Algorithmics to conduct university-industry research initiatives in the mathematical sciences for risk management. They provide the financial industry with a unique opportunity for addressing the sector's critical need for cutting edge research as well as for highly qualified personnel. Through industry sponsored projects, faculty, postdoctoral fellows and graduate students can now develop interactions with practitioners from financial institutions in a way which may not be possible through more traditional academic programs.

  • SYRTO Project - University of Brescia

    Risk Research

    The SYstemic Risk TOmography (SYRTO) is a project funded by the European Union under the 7th Framework Programme over the period March 2013 – February 2016. The project aims to create an early warning system to identify potential threats to financial stability and realize an ensemble of suggestions and prescriptions on the appropriate policy measures, governance structure and macro-prudential supervision to prevent, manage and resolve systemic crises in the Eurozone.

  • Systemic Risk Centre - London School of Economics and Political Science

    Systemic Risk Centre

    The Systemic Risk Centre (SRC) was created in 2013 to pools world-leading researchers in finance, computing science, law and political science from LSE and UCL. The SRC sets up a wide net of cooperation with private and public sector institutions that allows the Centre to cover the many facets of systemic risk and to generate research that informs decision-makers in policy, in supervision, in regulation and in the private sector.

    This center also provides information on Systemic Risk through it's new SRC Video Channel.

  • Systemic Risk Council

    Systemic Risk Council

    The Systemic Risk Council (SRC), created in 2012, is a non-partisan body of former government officials and financial and legal experts committed to addressing regulatory and structural issues relating to systemic risk in the United States. It has been formed to provide a strong, independent voice for reforms that are necessary to protect the public from financial instability.

  • Volatility Institute - NYU Stern School of Business

    Risk Research

    The Volatility Institute (V-Lab) was created at New York University Stern School of Business in 2009 under the direction of the Nobel Laureate Professor Robert Engle. The Volatility Institute's mission is to develop and disseminate research on risks in financial markets and closely related topics in financial econometrics.

  • Yale Program on Financial Stability

    Risk Research

    The Yale Program on Financial Stability aims to play an important role in bridging theory and practice in the management of systemic risk. The YPFS's activities are directed at furthering understanding of the management of systemic risk in financial markets among a community of financial regulators and scholars.

    Other Global Centers of Related Interest

    Below are listed some other global information centers, private institutions, think-tanks, educational programs and lecture organizers in the fields of Economics, Finance, Statistics and Mathematics, funding-research support initiatives and academic research programs that are linked to our systemic hub project.

  • Advanta Center for Research in Financial Institutions

    Advanta Center for Research in Financial Institutions

    Established at a time of unprecedented change in the financial services industry, the Advanta Center for Research in Financial Institutions is well-positioned to carry out its agenda to provide the research necessary for financial service corporations and their customers to keep pace with the changing nature of the market, and promote the study of financial services in the undergraduate and graduate business curricula.

  • Capital Markets Cooperative Research Centre (CMCRC)

    Capital Markets Cooperative Research Centre

    Established in 2001 as an Australian Government initiative, CMCRC provides a bridge between the practical needs of capital markets and pioneering academic research. CMCRC has been successful in attracting key industry and research participants as partners in the program to foster research that is both leading edge and industry relevant.

  • Centre for Monetary Economics (CME) - Norwegian Business School

    Centre for Monetary Economics

    The Centre for Monetary Economics (CME) is a privately funded research centre at the Department of Economics, BI Norwegian Business School. CME has established a professional network and organizes meetings and seminars where researchers and economists working in the financial community in Norway - including the Treasury and Norges Bank - can exchange views and accumulate knowledge.

  • Center for Research in Finance and Management (CEREFIM) - University of Namur

    Center for Research in Finance and Management

    The CeReFiM studies different aspects of financial management for both industrial firms and financial institutions, with a special focus on their relations with financial markets. It mainly deals with volatility issues and the microstructure of financial markets, international finance and Central Bank communication policies, private equity economics and the management of investment and sovereign funds. Scientific collaboration is encouraged with other research centers in Belgium and abroad.

  • Center for Research in Econometric Analysis of Time Series (CREATES) - Aarhus University

    Center for Research in Econometric Analysis of Time Series

    CREATES, is a research unit at Aarhus BSS, hosted by the Department of Economics and Business Economics. The center is funded as a Center of Excellence by the Danish National Research Foundation via a 80 mio DKK (10.74 mio Euros) grant plus own financing. The funding period covers a 10-year period starting 1 April, 2007.

  • Center for Research in Financial Mathematics and Statistics (CRFMS) - University of California, Santa Barbara

    Center for Research in Finance and Management

    The goal of CRFMS is to encourage interdisciplinary research, and to provide national and international leadership in quantitative finance from different perspectives. The Center brings together faculty, students, and visitors affiliated with the departments of Statistics and Applied Probability, Economics, Mathematics, Computer Science, among others and facilitates interdepartmental cooperation in mathematical modeling, statistical data analysis and efficient computational methods specific to financial data.

  • Depository Trust and Clearing Corporation

    Depository Trust & Clearing Corporation

    The Depository Trust & Clearing Corporation (DTCC) is a U.S. post-trade financial services company providing clearing and settlement services to the financial markets. It provides a way for buyers and sellers of securities to make their exchange in a safe and efficient way. It also provides central custody of securities. The DTCC proposes an annual Systemic Risk Barometer that assesses and measures the financial industry’s sentiment on significant and emerging trends that impact the safety, resiliency and continued sustainability of the global financial system.

  • Fields Institute

    Fields Institute

    The Fields Institute is a centre for mathematical research activity - a place where mathematicians from Canada and abroad, from business, industry and financial institutions, can come together to carry out research and formulate problems of mutual interest. Our mission is to provide a supportive and stimulating environment for mathematics innovation and education. The Fields Institute promotes mathematical activity in Canada and helps to expand the application of mathematics in modern society.

  • Frankfurt Institute for Risk Management and Regulation (FIRM) - Goethe University and Frankfurt School of Finance...

    Frankfurt Institute for Risk Management and Regulation

    Located at the two Frankfurt universities - the Goethe University and the Frankfurt School of Finance and Management, this Institute fosters research and education across all aspects of risk management and regulation, specifically including educational programmes for risk managers oriented around actual practice and in the broader context of the financial institution.

  • Global Risk Institute In Financial Services (GRI)

    Global Risk Institute In Financial Services

    Founded by representatives from Canada’s private and public sectors, the Global Risk Institute in Financial Services enables financial institutions, policy-makers and regulators to better manage the balance between risk and opportunity. Its mandate is the provision of applied research and education programs that build risk capacity and stimulate evidence-based debate for all those engaged in risk management in the financial services sector around the world.

  • Global Risk Report - World Economic Forum

    World Economic Forum

    First launched in 2005 by the World Economic Forum, the Global Risks report is widely recognized as one of the world’s leading publications on global risks. The report identifies risks of global relevance and offers leaders from business, government and civil society a tool to understand them as well as a way of identifying interconnections between them.

  • Institut Louis Bachelier

    Institut Louis Bachelier

    Founded in 2008, Institut Louis Bachelier is a network of joint research in economics and finance. It combines academic institutions, companies and public authorities in order to clarify economic issues. The Institute organizes its research programs around four major transitions: banking and financial, demographic, energy, and digital.

  • Investment Company Institute, ICI Global

    ICI Global

    The international arm of the Investment Company Institute, ICI Global serves a fund membership that includes regulated funds publicly offered to investors in jurisdictions worldwide. ICI Global seeks to advance the common interests and promote public understanding of regulated investment funds, their managers, and investors. Its policy agenda focuses on issues of significance to funds in the areas of financial stability, cross-border regulation, market structure, and pension provision.

  • Labex-Refi

    ICI Global

    Structured around three areas of activity that are: research, policy papers and training, the refi Labex is interested in the following topics: 1. How to regulate? 2. The quality of accounting standards. 3. Market value of portfolio. 4. Clearing houses. 5. The regulation of structured product markets. 6. Prudential regulation. 7. The role of rating agencies. 8. The remuneration of financial intermediaries and shareholders. 9. Systemic risk. 10. The valuation of assets. 11. The legal framework and the "post-market" activities. 12. Epistemology of the financial crisis.

  • Measuring Financial Stability in Luxembourg - Luxembourg School of Finance and Central Bank of Luxembourg

    Luxembourg School of Finance

    On May 2011, the Central Bank of Luxembourg and the Luxembourg School of Finance officially launched the joint research project “Measuring Financial Stability in Luxembourg: Risk-adjusted Balance Sheets”. The overall objective of this research project is to contribute to the construction of the main components of a macro-financial framework of interlinked sectoral balance sheets.

  • Oxford-Man Institute - University of Oxford, Man Group

    Oxford-Man Institute

    The Oxford-Man Institute of Quantitative Finance is a world-leading centre for interdisciplinary research into the financial economy. We answer fundamental questions about financial markets, and develop new quantitative methods and insights with the potential to transform them. Our researchers have deep and often internationally leading experience in fields that include mathematics, economics, computation, statistics, law, engineering and data science. Their work has shed new light on subjects that range from identifying hidden risks and uncertainties in the financial system to extracting valuable information from noisy market data-streams.

  • Oxford Martin School - University of Oxford

    Oxford Martin School

    Founded in 2005, the Oxford Martin School takes an interdisciplinary, innovative and impact-oriented approach to tackling global challenges. Their approach is to study different systems in a wide range of contexts, and to explore how and when models developed in one domain (e.g. ecosystems) can be translated to another (e.g. financial markets).

  • Institute for Financial Research (SIFR)

    Institute for Financial Research

    The Institute for Financial Research was started in 2001, and has its offices in the center of Stockholm. The aim of SIFR is to conduct and stimulate high quality research in financial economics. In addition, SIFR has the ambition to narrow the gap between academic research and the practice of the financial industry.

  • Pacific Institute for the Mathematical Sciences (PIMS)

    Pacific Institute for the Mathematical Sciences

    The Pacific Institute for the Mathematical Sciences (PIMS) was founded in 1996 by a consortium of five universities in Alberta and British Columbia. The aim of the institute is to promote research in and applications of the mathematical sciences of the highest international caliber, to facilitate the training of highly-qualified personnel at the graduate and postdoctoral level, to enrich public awareness of mathematics through outreach, to enhance the mathematical training of teachers and students and to create mathematical partnerships with similar organizations in other countries, with a particular focus on Latin America and the Pacific Rim.

  • Waterloo Research Institute in Insurance, Securities and Quantitative Finance (WatRISQ)

    Waterloo Research Institute in Insurance, Securities and Quantitative Finance (WatRISQ)

    Waterloo Research Institute in Insurance, Securities and Quantitative Finance was established in 2004 to create a unique centre for research and advanced training in quantitative finance and risk management at the University of Waterloo. The Institute coordinates the University's related research activities in finance, mathematics, scientific computing and actuarial science. Twenty-three faculty members and forty graduate students from seven departments or schools are associated with Institute.

  • Willis Research Network (WRN)

    Willis Research Network

    Based in London, led and sponsored by Willis, a global insurance broker, the Willis Research Network was formed in 2006 to integrate science, insurance and resilience. It is one of the world’s largest collaborations between public science and the financial sector with a membership of around fifty leading research institutions.