Time Series Data Curve Balls

Albert Pujols, one of the best baseball players in the game today, did not start the 2011 baseball season well.  Prior to 2011 he had a lifetime batting average (BA) of .331 – that’s almost one hit for every at bat!  However, much to the dismay of Cardinals fans (of...

The Basel Games

The Basel Games As the 2012 summer Olympic Games descends upon London, England, national pride and attention grows around the world in anticipation of an elite few chasing international glory. Organization of such an international affair takes a great deal of...

Catching Up With Volatility

The last few years have seen significant volatility in the financial markets.  This has highlighted a basic issue with the popular simulation models used in financial institutions: models have a hard time catching up with volatility. In other words, these models react...

Coming Down the Assembly Line: Automated Form PF Reporting

Regulate Your Risk…GET A CAR! Commuters who use public transportation encounter the risk of being tardy on a daily basis. There are so many factors unaccounted for that the probability of arriving on time is not in their favor. What to do? How can they eliminate the...