In addition to RiskLab’s own event series, RiskLab is co-presenting the Sci+Tech in the City series of short talks every Thursday evening between 8 June and 3 August.
03 August 2017 – RiskLab Event: Seminar and drinks/finger food
Time 4:30pm Location: Data 61’s Demonstration Lab at 710 Collins Street, a short walk from Southern Cross Station
Please RSVP by going to the following link (Register Now)
Seminar Title: SUPERANNUATION (jointly organised with Sci+Tech in the City)
FOUR talks about research and practice in the superannuation industry, featuring Deborah Ralston from Monash/ACFS on the topic of the Monash-CSIRO Superannuation Research Cluster, Data61’s Alec Stephenson on data-driven analysis of superannuation draw-down behaviour, George Nassios (Investment Advisor Escala Partners) providing insight into the super funds industry and Professor Colin O’Hare from Monash University Department of Econometrics and Business Statistics on the topic of pricing longevity risk.
28 June 2017, RiskLab Event: Seminar and drinks/finger-food.
Time 5:00pm (Pre-drinks and Food), 5:30pm (Seminar will start), Location: Data61/CSIRO, Door 34, Goods Shed North, Village St, Docklands, Vic 3008.
Please RSVP by 21 June to Mark.Cardy@csiro.au
Seminar Title: How does the Future Fund navigate an uncertain investment environment
The Future Fund Board of Guardians invests around AUD150bn of sovereign wealth across a number of Mandates on behalf of the Federal Government. While prospective economic and financial conditions are inherently uncertain, the current investment environment is particularly challenging to navigate.
In this context, the talk will provide an overview of the policy framework that has been developed by the management team to help the Board manage the Future Fund and Medical Research Future Fund portfolios with ‘acceptable but not excessive’ levels of risk as required by the Mandates.
Nigel Wilkin-Smith, Director, Investment Strategy and Risk at Future Fund.
Nigel is a Director in the Portfolio Strategy team at the Future Fund. Portfolio Strategy is responsible for economic and capital market analysis, portfolio design and quantitative analysis, and portfolio construction. Nigel leads the Portfolio Construction function, ensuring that the approach to total portfolio construction melds top-down considerations with bottom-up insights in a consistent manner that aims to improve overall portfolio outcomes.
Nigel joined the Future Fund in 2010 from van Eyk Research where he was Head of Strategic Research. Prior to this he worked as a research fellow at both the University of Queensland and the Australian National University (ANU). He holds a PhD in Mathematics from ANU.
24 May 2017, RiskLab Event: Seminar and drinks/finger-food.
Time 5:00pm, Location: Data61/CSIRO, Door 34, Goods Shed North, Village St, Docklands, Vic 3008.
Please RSVP by 19 May to Mark.Cardy@csiro.au
Seminar Title: Optimal decisions in retirement planning
Presentation slides: Presentation CSIRO 2017 05
Two of the main decisions in retirement planning are asset allocation and consumption. In this study employing a Constant Relative Risk Aversion utility function in the dynamic programming framework; firstly we analyze the optimal decisions in retirement planning both during working life and in retirement with allowing for taxation effects. Then the impact of the existing taxation and social security structure, in particular the age pension, on the optimal decisions is analyzed. Policy implications, particularly taking into account the introduction of the CIPR regime, are discussed.
Adam Butt BCom, MHE, FIAA, SFHEA, PhD Associate Professor in Actuarial Studies and Statistics Research School of Finance, Actuarial Studies and Statistics ANU College of Business and Economics Australian National University Canberra ACT 2601
27/April/2017 RiskLab Event: Seminar and drinks/finger-food.
Time 5:00pm, Location: Data61/CSIRO, Door 34, Goods Shed North, Village St, Docklands, Vic 3008. Cost: Free.
Please RSVP by 25 April to Mark.Cardy@csiro.au
Seminar Title: Can Trusted Computing and hardware-based security prevent attacks or reduce damage of attacks?
Abstract: Trusted Computing based on the so-called Trusted Platform Module TPM has been around for quite some time and millions of TPMs have been integrated in PCs, laptops, tablets, etc. In spite of this large number of TPMs in the field, only a very small percentage is actually used.
This talk will give an introduction to the idea of Trusted Computing, discuss potential values and possible reasons for the lacking uptake of the technology. Finally, two examples (a VPN client and a small router for ICS) are used to show how Trusted Computing can be used in practical applications and what the advantages and disadvantages might be.
Dr. Carsten Rudolph is an associate professor in the Faculty of IT at Monash University and Director of the Oceania Cyber Security Centre in Melbourne, Australia. His research concentrates on information security, formal methods, security engineering and cryptographic protocols with a strong focus on hardware-based security and Trusted Computing. Results of his research work have been applied in areas such as critical infrastructures, industry control systems, or certified systems. Among other activities he has worked on a security validation of the Trusted Platform Module TPM 1.2 on behalf of the German BSI and he contributes as invited expert to the standardisation of the TPM in the Trusted Computing Group TCG.
Before joining Monash University in 2015, he was head of the research department on Trust and Compliance at the Fraunhofer Institute for Secure Information Technology SIT, Germany. He successfully initiated five large co-operative European research projects funded by the European Commission along with six projects funded by the German Federal Ministry of Education and Research, BMBF. His industry co-operations included large companies and many small and medium-sized enterprises. In 2015, he supported Huawei in establishing a Trusted Computing research team in Germany.
22nd/March/2017: Formal launch of RiskLab.
The agenda of the launch event on the 22nd/March (Wednesday):
Location: Level 6, Tower Two, 727 Collins St, Docklands, Melbourne. For details, please download: LocationForRiskLabLaunch.
22nd/March/2017: Public Seminar at RiskLab
4:30-5:00pm: Presentation 1: ETFs – A toolkit for investors and how ETF strategies work , by Dr Roger Cohen
Abstract: The ETF market in Australia is experiencing exponential growth. The key driver of this is that they are an effective tool for all classes of investor, ranging from individuals to large institutions. An overview of why this is the case, how ETFs work, some examples of current ETF strategies, and what is on the horizon will be presented. We will also focus on market making and the role of market makers, which underpins the success of ETFs, and how it has evolved with the market.
Dr Roger Cohen: is the principal and founder of Portable Beta and also a senior advisor to BetaShares, with a particular focus on product development. He also lectures on risk management and other topics in finance. Roger was previously a Managing Director at Deutsche Bank (Sydney & London), where he ran the EMEA index trading desk, and was involved from inception with the launch of the highly successful db x-trackers ETF platform. Roger has also worked at Macquarie Bank, where he was involved in building the global index swap and delta one trading capability. Prior to his career in the financial markets, Roger was an academic, lecturing in Mechanical and Aeronautical Engineering. Roger has PhD and BE (hons1) degrees from the University of Sydney. He was a Fulbright Scholar in the US in 1988, and is a Fellow of the Financial Services Institute of Australia.
5:00-5:30pm: Presentation 2: Blockchain and its applications, by Dr Mark Staples
Abstract: Blockchains are an emerging technology first used for digital currency transactions in Bitcoin. New blockchain platforms are now recognised as a more general-purpose technology – a kind of distributed database and computational platform that could in principle be used in any industry. This may in turn create new fintech opportunities, for example in trade finance. There is as yet little use of blockchains in production systems, but this may begin to change in 2017. I will review some of the use case opportunity areas, identify some of the design trade-offs when using blockchains instead of conventional technologies, and discuss the development of trustworthy blockchain-based systems. This talk is based partly on emerging results from NISA-funded projects with The Treasury which were announced in the 2016 budget, and which are nearing completion.
Dr Mark Staples: leads the Software Systems group at Data61, CSIRO, which is conducting research into blockchain technology, analytics architectures, behavioural analytics, business process systems, and legal informatics. His research interests are in software engineering and the philosophy of engineering, and he has worked in the software engineering industry in Australia, on implantable medical devices, electronic payments systems, and distributed control systems. He holds a BSc and BInfTech (Hons) from University of Queensland and a PhD from University of Cambridge. He is a Conjoint Associate Professor in the School of Computer Science and Engineering at UNSW. He is a member of Australia’s standardization committee on blockchain and DLT (IT-041), under Australia’s leadership of the Secretariat of the International Technical Committee for Blockchain Standards (ISO/TC 307).