How AI/ML is Changing Financial Risk Management

John Hull is the Maple Financial Professor of Derivatives and Risk Management at the Joseph L. Rotman School of Management, University of Toronto and a Senior Advisor at GARP. He was in 2016 awarded the title of University Professor (an honor granted to only 2% of faculty at University of Toronto.) He is an internationally recognized authority on derivatives and risk management. His research has an applied focus. He was, with Alan White, one of the winners of the Nikko-LOR research competition for his work on the Hull-White interest rate model, which is widely used by practitioners. In 1999 he was voted Financial Engineer of the Year by the International Association of Financial Engineers. He has acted as consultant to many financial institutions throughout the world and has won many teaching awards, including University of Toronto's prestigious Northrop Frye award. Recently his research has focused on applications of machine learning in finance.

He is well known for his four books: “Risk Management and Financial Institutions” (now in its 5^th edition); "Options, Futures, and Other Derivatives" (now in its 11^th edition); "Fundamentals of Futures and Options Markets" (now in its 9^th edition); and “Machine Learning in Business: An Introduction to the World of Data Science” (now in its 3^rd edition). The books have been translated into many languages and are widely used by practicing managers as well as in the classroom.

Dr. Hull is academic director of FinHub (Rotman’s Financial Innovation Lab). In addition to the University of Toronto, Dr. Hull has taught at York University, University of British Columbia, New York University, Cranfield University, and London Business School.

William (Bill) May is the Managing Director of Global Head of Certifications and Educational Programs at GARP, and is responsible for the FRM, SCR, and other risk-relevant educational programs. Prior to joining GARP, William had over 20 years of market experience including serving as a Senior Director in Fitch Ratings’ credit market research group and as a Senior Research Officer at UBS Wealth Management. He has worked for several buy-side and sell-side firms including Bank of America and Federated Investors as well as specialty firms like Andrew Kalotay Associates and Law and Economic Consulting Group. He began his career in the research function of the Federal Reserve Bank of New York and has worked on the Open Market Trading Desk and as a bank examiner. William holds a BS in applied mathematics and economics from Stony Brook University; an MBA, MA in economics, and Advanced Certificate in financial econometrics and data analysis from Fordham University; an MS in financial engineering from the NYU Tandon School of Engineering, an MS in applied statistics and an EdM in measurement and evaluation from Columbia University’s Teachers College where he is currently pursuing an MS in neuroscience and education.