Projet BigDataFinance (Horizon 2020, appel à projets 2015)
Action : Doctoral Networks
Panel : Economic Sciences
Statut du projet : CLOSED

BigDataFinance, a Marie Skłodowska-Curie Innovative Training Network “Training for Big Data in Financial Research and Risk Management”, provides doctoral training in sophisticated data-driven risk management and research at the crossroads of Finance and Big Data for 13 researchers. The main objectives are i) to meet an increasing commercial demand for well-trained researchers experienced in both Big Data techniques and Finance and ii) to develop and implement new quantitative and econometric methods for empirical finance and risk management with large and complex datasets. To achieve the objectives, the emphasis is put on exploiting big data techniques to manage and use datasets that are too large and complex to process with conventional methods. Banks and other financial institutions must be able to manage, process, and use massive heterogeneous data sets in a fast and robust manner for successful risk management; nonetheless, financial research and training has been slow to address the data revolution. Compared to the USA, Europe is still at an early stage of adopting Big Data technologies and services. Immediate action is required to seize opportunities to exploit the huge potential of Big Data within the European financial world. This world-class network consists of eight academic participants and six companies, representing banks, asset management companies, and data and solution providers. The proposed research is relevant both academically and practically, because the program is built around real challenges faced both by the academic and private sector partners. To bridge research and practice, all researchers contribute to the private sector via secondments. BigDataFinance provides the European financial community with specialists with state-of-the-art skills in finance and data-analysis to facilitate the adoption of reliable and realistic methods in the industry. This increases the financial strength of banks and other financial institutions in Europe.

Mots clés : financial risk management, big data, financial econometrics, empirical finance, quantitative finance, textual data

Participants :
- Jožef Stefan Institute (Slovénie) — Partner, beneficiary, Recherche, subvention : 469995.12 €
- Aalto University (Finlande) — Partner, organization partner, Enseignement supérieur ou secondaire, subvention : 0.0 €
- Techila technologies oy (Finlande) — Partner, organization partner, Organismes privés (hors enseignement), subvention : 0.0 €
- ING Bank (Pays-Bas) — Partner, beneficiary, Organismes privés (hors enseignement), subvention : 255374.28 €
- Numerical Algorithms Group (United Kingdom) (Royaume-Uni) — Partner, organization partner, Autres, subvention : 0.0 €
- University of Zurich (Suisse) — Partner, beneficiary, Enseignement supérieur ou secondaire, subvention : 530453.52 €
- University of Manchester (Royaume-Uni) — Partner, beneficiary, Enseignement supérieur ou secondaire, subvention : 546575.76 €
- University of Amsterdam (Pays-Bas) — Partner, organization partner, Enseignement supérieur ou secondaire, subvention : 0.0 €
- Tampere University (Finlande) — Coordinator, beneficiary, Enseignement supérieur ou secondaire, subvention : 807436.08 €
- Jožef Stefan International Postgraduate School (Slovénie) — Partner, organization partner, Enseignement supérieur ou secondaire, subvention : 0.0 €
- Olsen ltd ag (Suisse) — Partner, organization partner, Organismes privés (hors enseignement), subvention : 0.0 €
- Aarhus University (Danemark) — Partner, beneficiary, Enseignement supérieur ou secondaire, subvention : 580163.76 €
- Alliancebernstein limited (Royaume-Uni) — Partner, beneficiary, Organismes privés (hors enseignement), subvention : 273287.88 €