Volatility and Risk Institute

An interdisciplinary center for research on financial, geopolitical, cyber, and climate risks by scholars, practitioners, and policymakers

OUR MISSION

The Volatility and Risk Institute is an interdisciplinary center for research and analysis of financial and nonfinancial risks. It serves as a designated hub to support risk-related research and collaboration among scholars, practitioners, and policymakers. It supports, promotes, and facilitates risk analysis, assessment, and measurement, and creates a bridge between faculty research and a specialized group of practitioners and market participants on the cutting-edge of real-world risk issues. To assess and analyze these risks, we are employing new data and analytical tools including those from data science and a wide range of machine learning technologies. Our Faculty Board is composed of members from the Tandon School of Engineering, the Courant Institute of Mathematical Sciences, the Wilf Family Department of Politics in the Faculty of Arts & Science, the Wagner Graduate School of Public Service, the School of Global Public Health, the Law School, and the Stern School of Business. Our focus is on newly emerging forms of risk including climate risk, geopolitical risk, cyber risk, more recently pandemic risk, as well as new topics in financial risk.

VOLATILITY AND RISK INSTITUTE UPDATES

GARP: Global Association of Risk Professionals

Professor Berner at GARP's War and Sanctions Webcast

Richard Berner (VRI Co-Director) spoke at GARP's webcast on "War and Sanctions: What the Russia-Ukraine Conflict Means for Risk Managers". A recording of the webcast is now available.

Watch the webcast
Macroeconomic Consequences & Implications of Decarbonization

Watch Now: VRI Conference on "Macroeconomic Consequences and Implications of Decarbonization"

Did you miss our conference? Videos are now posted for the Volatility and Risk Institute's Third Annual Conference on "Macroeconomic Consequences and Implications of Decarbonization." A full program and links to videos can be found on our conference page.

Watch now
Money and Banking logo

Russian Sanctions: Questions and Answers with Richard Berner, Stephen Cecchetti, and Kermit Schoenholtz

Richard Berner (VRI Co-Director) authored a joint article with Stephen Cecchetti and Kermit Schoenholtz exploring the implications of recent sanctions on Russia.

Read the analysis
The Journal of Portfolio Management Quant of the Year Award 2021

Petter Kolm named ‘Quant of the Year’ by The Journal of Portfolio Management

Professor Petter Kolm (VRI Advisory Board) was named the 2021 'Quant of the Year' by The Journal of Portfolio Management. The award "recognizes a researcher’s history of outstanding contributions to the field of quantitative portfolio theory."

Read the announcement
LaSalle St Podcast logo

VRI Co-Directors featured on Chicago Fed's LaSalle St Podcast

Co-Directors Richard Berner and Robert Engle sat down with Alessandro Cocco on the Federal Reserve Bank of Chicago's LaSalle Street Podcast to discuss their research on climate risk.

Listen to the full episode
Screenshot of Cilmate Stress Testing NYFed report cover

VRI Authors Report with NYFed: Climate Stress Testing

Our research with Hyeyoon Jung of the Federal Reserve Bank of New York on "Climate Stress Testing" is now available as NYFed Staff Report. The research has been covered in Reuters and Bloomberg.

Read the full report

OUR RESEARCH AND PROGRAMS

Financial data on screen

Initiatives

Our research focuses on emerging forms of risk including climate risk, geopolitical risk, cyber risk as well as new topics in financial risk.

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Research

Our research focuses on emerging forms of risk including climate risk, geopolitical risk, cyber risk as well as new topics in financial risk.

Our latest research
Screenshot of VLab's Global Volatility analysis page

V-Lab

The Volatility Laboratory (V-Lab) provides real time measurement, modeling and forecasting of financial volatility and correlations for a wide spectrum of assets. 

 

View our daily analysis
Bryan Kelly at VI Conference (Crop)

Events

The Volatility and Risk Institute hosts Quantitative Finance and Econometrics seminars (QFE) and conferences

Our upcoming events

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