Our webinars will boost your expertise in the latest trends in the industry and share insight into the FDP charter. Have a recommendation for an industry related topic, an author we should invite, an article you want to learn more about? Contact us: firstname.lastname@example.org.
Master Class: AI & Machine Learning for Investment Professionals
Date: April 27, 2022
Innovations in technology have revolutionized financial services to an extent that large financial institutions are behaving like technology companies! It is no secret that technological innovations like Data Science and AI are fundamentally changing how financial products are created, tested and delivered. While it is exciting to learn about technologies themselves, there is very little guidance available to companies and financial professionals about how they should retool and gear themselves towards the upcoming revolution.
Turn Text To Alpha part II
Date: February 10, 2022
Join Dan Joldzic, CEO of Alexandria Technology and Keith Black, PhD, CFA, CAIA, FDP for Part II as they discuss natural language processing (NLP) in investment management. NLP techniques can be used to analyze a variety of data sources, including company news, earnings calls, and social media posts. The output from these models can be used for stock selection with varying time horizons and degrees of alpha capture. In this webinar we will discuss generating alpha from company news and social media sentiment.
Using Alternative Data in Financial Markets
Date: February 9, 2022
Quantitative investors have long used traditional data sources, such as income statements and balance sheets of public firms, to drive stock selection models. With the explosion in the amount and diversity of data in the last five years, alternative data sources are quickly revolutionizing quantitative investing. Alternative data sources can include natural language processing of news and social media content, review of credit card transactions and consumer emails, and geolocation data using cell phone signals and satellite images.
Turn Text To Alpha part I
Date: December 9, 2021
Join Dan Joldzic, CFA, FRM, CEO & Quantitative Research, from Alexandria Technology for a discussion of natural language processing (NLP). #NLP techniques can be used to analyze a variety of data sources, including news reports, company regulatory filings and earnings calls, as well as posts on social media sites such as Reddit. The output from these models can be used for stock selection with varying time horizons and degrees of alpha capture. This data can also be used to analyze sentiment regarding the ESG footprint of both public and private companies.
Practical Machine Learning in Asset Management: Manager selection and valuing the secondary sale of private assets
Date: November 2021
Join Lydia Ofori, CFA, CAIA, Adam Duncan, and Keith Black, PhD, CFA, CAIA, FDP as they discuss how machines are interfacing with humans to effect manager selection and private asset secondary sales.
Introducing a New Hedge Fund Dataset
Date: May 6, 2021
Description: How to use a hedge fund database, based on open-sourced hedge fund return and how to gain access to the data and a slew of interesting examples. How do you efficiently clean and manage semi-structured data? Alex and Linus will demonstrate with examples based on factor analysis, correlations, and dispersions and explain why they probably should have picked a different programming language.
Panelists: Linus Nilsson, Founder NilssonHedge; Alex Lostado, Quant Analyst, NilssonHedge; and Brandon Kremer CFA, CAIA, CIPM, FDP, Portfolio Manager Heximer Investment Management
Slidedeck + Research Project
Date: March 8, 2021Description: Over the last five years, the volume of information available to all has skyrocketed, leading to increased investor interest in alternative data or crowdsourced investment strategies. While opportunities for added value may be present, adoption also comes with a number of risks, both for early and late adopters. Join this conversation as readings from the 2021 Financial Data Professional (FDP) curriculum are brought to life.
Date: February 9, 2021Description: "The Evolution of Machine Learning (ML) in Investment Strategies" is an insider’s look into the opaque world of AI/ML-powered investing strategies. The presenter will separate fact from fiction and hype from reality. After a cursory Overview of AI/ML origins and widespread adoption, you'll hear how leading-edge asset managers are deploying machine learner algorithms and alternative investment data (Alt-Data) to monetize differentiated sources of potential alpha.
Scaling AI Deployments: Opportunities and Challenges
Date: October 16, 2020
Description: Nicolaus Henke, Sr. Partner, McKinsey & Co; Jane Buchan, CEO of Martlet Asset Management; and Bill Kelly, CEO of CAIA speak with Dr. Mehrzad Mahdavi about the explosive growth of AI and its impact on the financial services.
Panelists: Jane Buchan, CEO, Martlet Asset Management; Nicolaus Henke, Senior Partner at McKinsey, Founder McKinsey Analytics, Chair QuantumBlack; William J. Kelly, CEO, CAIA Association; and Mehrzad Mahdavi, Executive Director, FDP Institute.
Ethical Use of Machine Learning in Financial Markets – Myth or Miracle?
Date: October 2, 2020
Our discussion will focus on the ethical use of AI released by financial services regulators can be operationalized to help industry professionals and executive teams alike think about opportunities, risks as well as required actions to strive ethically in our data-driven world.
Industry experts have divergent views on our topic: Some say that machines will never behave ethically - even human experts fail to do so. Others suggest the only chance for financial markets to become more ethical are intelligent machines.Tags: FDP, Machine learning, AI, Ethics, Finance, Data, Data Science, CAIA
Integrating Disruptive Innovation Into an Organization's DNA
Date: September 9, 2020
Description: CAIA CEO Bill Kelly and Cathie Wood, Founder and CEO of ARK Investment Management, discus
“Innovation is the Key to Growth” – ARK Investment
Panelists: Cathie Woods, CEO & Found Ark Investment and William J. Kelly, CEO, CAIA Association
Eagle Alpha Discusses Alternative Data for Investment Strategies
Date: September 2, 2020
Description: Ronan Crosson (data strategy) and Thomas Combes (data science) of Eagle Alpha will review what is Alt Data and share market trends and adoption. They will discuss ROI on alt data and show use cases for the most popular datasets for both discretionary funds and quants funds. While highlighting the importance of getting the processes right they will touch upon the end-to-end process: Discovery, Prioritization, Evaluation, Procurement & Integration. The session will also include a deep dive on quality testing for alternative datasets.
Panelists: Ronan Crosson, Director, Data Strategy & Analytics, Eagle Alpha; Thomas Combes, Head of Data Science, Eagle Alpha and Keith Black, Ph.D, CAIA, CFA, FDP, Managing Director, Content Development, CAIA Association.
Making Sense of Machine Learning
Date: August 19, 2020
Description: Machine learning (ML) enables powerful algorithms to analyze financial data in new and exciting ways. But this excitement is often tempered by fear that investors don’t really understand why a model behaves the way it does. We need to move beyond this “black box” stigma. We propose a framework that demystifies the predictions from any ML algorithm. Our approach computes what we call a “fingerprint” for a given model’s linear, nonlinear, and interaction effects that drive its predictions — and ultimately its investment performance. In a real-world case study applied to currency return predictions, we find that popular ML models like neural network and random forest think in ways that do indeed make sense, and which we can begin to understand. These fingerprints empower investors to describe and probe the similarities and differences across ML models, and to extract genuine insight from machine-learned rules.
Panelists: David Turkington, Senior Managing Director and Head of Portfolio and Risk Research, State Street Associates; Yimou Li, Assistant Vice President and Machine Learning Researcher, State Street Associates; and Aaron Filbeck, CFA, CAIA, CIPM, FDP, Director, Global Content Development, CAIA Association.
Data Science in Production
Date: August 6, 2020
Description: Nigel Noyes will reference architectures for using Data Science in production.
Panelists: Nigel Noyes, Director, Automation, Data Science at Quicken Loans and Mehrzad Mahdavi, Executive Director, FDP Institute.
Challenges of Algorithmic Fairness in Financial Services
Date: July 29, 2020
As financial services sector increasingly adopts advanced algorithms, including machine learning and AI, there has been greater regulatory and public scrutiny on the potential for algorithms to replicate unfair bias and discrimination against disadvantaged groups, exacerbating existing inequalities. This webinar will walk through use cases in mortgage lending and in peer-to-peer lending to discuss the complex challenges of trying to make the algorithms "fair" in evaluating credit risk of minority groups.
Factor and Asset Allocation: The Role of Networks and LASSO
Date: July 16, 2020
Description: Dr. Gueorgui Konstantinov spoke about the financial Industry needs for new Methods to model and explain the complex market behavior. The industry is in a state of transition. The Asset Management Industry must avoid over-fitting, and adjust findings for false discoveries. Using machine learning and predictive models, investors can find asset and factor allocation solutions. Implementing LASSO regressions help to derive asset and factor allocation. Network theory and predictive models help to derive portfolio allocation in a new way, which successfully captures economic relationships. However, it is inevitable to evaluate the new strategies in a manner consistent with the requirements in the brave new financial world. Adjusting the Sharpe Ratios and t-Statistics become inevitable in the new set up. The focus in the webinar is in the application of new tools in Investment Management.
Machine Learning Models in Credit Risk Analysis
Date: April 29, 2020
Description: Mr. Arifi demonstrated ensemble models in DataRobot and showed why FDP is important. That is, knowing the models and model parameters are more important than knowing how to program in python.
Data Supply Chain Management
Date: April 7, 2020
Description: Data Supply Chain Management is the collection, organization, flow and streamlining of data – including any pre-processing and normalization steps - to make it usable, guided by domain knowledge, for the next downstream process. Typically, this next step involves analysis via traditional statistical or contemporary machine learning tools. The end goal of the exercise is to generate insights that can imply customer value, inform revenue or pricing metrics, optimize costs and help gain a competitive advantage in the marketplace.
Quantitative ESG Investing
Date: April 1, 2020
Description: ESG investing is an area of active interest for both the investment and academic communities. Despite the intense interest, there currently is no agreed upon definition of ESG investing, or how to best build investment portfolios that incorporate both return and sustainability dimensions. (Both are important for sustainability-minded investors.) In this article, the authors categorize the broad types of ESG investing currently in the market and introduce an ESG investment framework. This results in a portfolio that optimally combines the dual objectives of alpha and sustainability outperformance. TOPICS: Portfolio theory, portfolio construction, ESG investing
The Art and Science of Big Data in Quantitative Investing
Date: May 21, 2020
Panelists: Elene Khoziaeva, CFA, Head of US Equity, Bridgeway Capital Management and Mehrzad Mahdavi, Executive Director, FDP Institute.
Recording + Transcript
Usage of Alternative Data and ML in Asset Classes
Date: March 25th, 2020
Panelists: Michael Oliver Weinberg, Head of Hedge Funds and Alternative Alpha, APG; Peter Strikwerda, Global Head of Digital Innovation, APG; Aaron Filbeck, CFA, CAIA, CIPM, FDP, Director, Global Content Development, CAIA Association.
Long Term Machine Learning Predictions for US Equity
Date: March 5, 2020
Description: Tony Guida co-wrote and edited the book "Big Data and Machine Learning in Quantitative Investment", one of the required readings for the upcoming exam. This webinar is titled "Long Term Machine Learning Predictions for US equity" and is a user case study of Chapter 7 of the book which Tony co-wrote with Guillaume Coqueret.
A Machine Learning Approach to Risk Factors: A Case Study Using the Fama-French-Carhart Model
Date: February 27, 2020
Panelists: Joe Simonian, Ph.D., CIO Autonomous Investment Technologies, LLC, Mehrzad Mahdavi, Ph.D., Executive Director, FDP Institute
Analyzing Text to Detect Risk
Date: February 19, 2020
Description: NLP is a fast-growing area of data science for the finance industry. Recent advances in financial technology (FinTech) have dramatically transformed the financial landscape with respect to the way we access, invest, and transfer financial capital. In this article, the authors explore a promising avenue for the use of natural-language processing in an effective yet non-invasive method by which to monitor the health and integrity of financial institutions and corporations in general by analyzing corporate emails and news.
Big Data is a Big Deal
Date: January 29, 2020
Description: Gene Getman is a Client Portfolio Manager for the 1798 Alternatives group, focused on Investor Relations for the Hedge Fund business. He is the Product Specialist for the 1798 Q Strategy and other innovative or capacity constrained alternative investment strategies based in New York. More importantly: Gene is the co-author of "Big Data is a Big Deal: An investor’s guide to the applications and challenges of alternative data"
Data Ethics in Machine Learning and Finance
Date: January 22, 2020
Description: Our conversation with Guen Dondé, head of Research at the Institute of Business Ethics. Co-researcher of "IBE Ethics at Work" and "Implications of AI on Business Ethics". Thought provoking, engaging, and great learning overall!