About
the Labs
In the Labs, we bring computer
scientists to work together
with financial economists.
Ruslan Goyenko
Scientific Director
FIRM Labs
Financial Innovations
and Risk Management Labs
The idea behind launching FIRM came with the common challenge among finance academics and industry professionals – the growing number of use cases on ML/AI in Asset Management. We are quickly realizing that incorporating big data and AI/ML to such standard problems like asset allocation, optimal portfolio construction, risk management and investments overall provides significant incremental value compared to using traditional tools.
In the Labs, we bring computer scientists to work together with financial economists. We already see a lot of positive synergies as we are building a new generation of portfolio management models, empowered by ML and AI. They do not come in the form of “crystal ball” and they are really an outcome of joint research efforts between two previously segmented disciplines: Finance and Computer Science, with Financial Economics taking the lead.