FINRIS

Abstract

The objective of this research proposal is to investigate the impact of technological innovation on risk management in financial institutions. Progresses in information technologies have had a profound impact on the functioning of financial systems, from new financial products (structured products) to new players (electronic payment providers) to new governance structures (blockchains). These changes have altered the risks that financial institutions face and the instruments at their disposal to manage those risks. In this proposal, we want to use tools from game theory, information economics, industrial organization and experimental research to model these new risks and to understand the incentives of existing and new players in the financial system to control them. We plan to study financial as well as operational risks with a special emphasis on the increasingly important role of data management in finance.

Project : 31/03/2021 - 31/03/2026

Contact in TSE: Matthieu BOUVARD