2014 CIFEr opening address

Alex Lipton is Managing Director, Quantitative Solutions Executive at Bank of America and a Visiting Professor of Quantitative Finance at University of Oxford. Prior to his current role, he was Managing Director, Co-Head of the Global Quantitative Group at Bank of America Merrill Lynch, and a Visiting Professor of Mathematics at Imperial College London. Previously, he was Managing Director and Head of Capital Structure Quantitative Research at Citadel Investment Group in Chicago; he has also worked at Credit Suisse, Deutsche Bank and Bankers Trust. Before switching to finance, Alex was a Full Professor of Mathematics at the University of Illinois at Chicago and a Consultant at Los Alamos National Laboratory. He received his undergraduate and graduate degrees from Lomonosov Moscow State University. His current interests include industrial strength derivative pricing including capital calculations and valuation adjustments, as well as technical trading strategies. In 2000 Alex was awarded the first Quant of the Year Award by Risk Magazine. Alex is the author of two books (Magnetohydrodynamics and Spectral Theory and Mathematical Methods for Foreign Exchange) and the editor of four more, including, most recently, The Oxford Handbook of Credit Derivatives (jointly with Andrew Rennie). He has published numerous research papers on hydrodynamics, magnetohydrodynamics, astrophysics, and financial engineering. Alex is a founding patron of The 14-10 Club at the Royal Institution (jointly with David Harding).