SUBDIVISIONS

 

Financial Services Section (FSS)

Objectives of the Section

The purposes of the Financial Services Section of INFORMS are:

  1. To lead in the development, dissemination and implementation of knowledge, basic and applied research and technologies in the area of Financial Services (retail banking, credit cards, brokerages, investment banking, insurance, etc.), and to promote high professional standards and integrity in all work done in the field.
  2. To provide a continuing, specialized focus within INFORMS on the topic of Financial Services, with the aim of identifying current and potential problems and contributions to their solutions.
  3. To support efforts to extend, unify and integrate related branches of knowledge and practice.
  4. To support the free interchange of information, encourage discussion and interaction among individuals having interest in this field by providing the opportunity for these individuals to meet and to exchange information, ideas, experiences, and techniques.
  5. To stimulate the type of cross-fertilization that can best be accomplished within the framework of a professional organization.
  6. To encourage the education of students and the continuing education of practitioners in this field of knowledge.

The Section also promotes communication and interaction among individuals from industry, government, and academia who share interests in these areas.

Membership Please consider joining the Section, if you are not already a member. Apply here. We encourage researchers in the financial services industry (retail banks, credit card companies, brokerages, investment banks, insurance, etc.) and academics with an interest in financial services to become members of our Section.

FSS Prizes

FSS Prizes for Best Student Research Paper.

 

Announcing the FSS Prize winners for 2009

Best Student Research Paper Award

      $500 First Place                               Ming Liu, Northwestern University

      $250 Second Place(tie)                  Romain Deguest, Columbia University

                                                                  Yu Hang Kan, Columbia University

                                     

Previous winners

Conferences and Workshops

INFORMS Annual Conference in San Diego, CA, Oct 11-14, 2009

INFORMS Practice Conference in Phoenix, AZ, Apr 26-29, 2009

INFORMS Annual Conference in Washington, DC, Oct 12-15, 2008

INFORMS Annual Conference in Seattle, WA, Nov 4-7, 2007

INFORMS Practice Conference from April 29–May 1, 2007 in Vancouver, Canada

Job Openings in Financial Services

Job openings on the INFORMS site.

OR/MS Today job ads.

To post optimization and modeling jobs in financial services, please send information here.

Interesting Articles on Optimization and Modeling in Financial Services

Text Mining Improves Modeling in Insurance

Complex Marketing: Why Multi-channel CRM Really Works

Detecting Suspicious Claims and Uncovering Fraud and Abuse, talk from Insurance Fraud Bureau Conference in Nov 2002.

Using Optimization Technology to Improve Short-Term Investment and Borrowing.

Scalable Optimization: Decisioning for Marketing and Risk Management in Retail Financial Services

Credit Card Pricing Developments and Their Disclosure

If you come across an interesting article (that is not overly commercial), please share it with us.

Research Papers in Financial Services

Efficiency, Profitability and Quality of Banking Services

Managing Credit Lines and Prices for Bank One Credit Cards

If you have or know of a research paper you would like to share with others on this forum, please send its link to us.

Officers

Chair: Prof. Aparna Gupta, RPI

Vice Chair (Academic): Prof. Chanaka Edirisinghe, Univ. of Tennessee

Vice Chair (Industry): Dr. Jim Bander, Response Analytics, Inc.

Treasurer:  Bruce Moore, Credit Union of Texas  

Secretary: Prof. Jim Primbs, Stanford University

            

Contact                                                     

Please send any communications regarding the Financial Services Section to Aparna Gupta at the address listed below.

Email ID: guptaa, Email address: rpi.edu

This page was created by Suresh Nair, and is maintained by Jim Primbs. Please send comments or suggestions to japrimbs@stanford.edu.

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Last updated 4 Feb 2010