News
DEAN’S AWARD AGAIN FOR OUR UNIQUE COLLEAGUE
Our talented colleague Petra Tomanová won the competition of the Dean of the Faculty of Informatics and Statistics at the University of Economics for the year 2021. Her publication Dynamic Score-Driven Models won in the category of the doctoral thesis. She also won 2nd place for the paper Clustering of arrivals in queueing systems: autoregressive conditional duration approach in the doctoral student theses category. Congratulations on her incredible success!
NEW RESEARCH PAPER MODELING PRICE CLUSTERING IN HIGH-FREQUANCY PRICES
A recently published research paper by Vladimír Holý and our colleague Petra Tomanová analyzes the price clustering phenomenom. For more details download the full paper from our research section.
BASEL COMMITTEE FINALISES PRINCIPLES ON CLIMATE-RELATED FINANCIAL RISKS, PROGRESSES WORK ON SPECIFYING CRYPTOASSETS‘ PRUDENTIAL TREATMENT AND AGREES ON WAY FORWARD FOR THE G-SIB ASSESSMENT METHODOLOGY REVIEW
Basel Committee finalises principles for effective management and supervision of climate-related financial risks. Progresses work on specifying cryptoasset prudential treatment and issuing a second consultation paper. Finalises review of the treatment of cross-border exposures within the European Banking Union on the G-SIB methodology. For more information click here.
REPORT ON FINANCIAL MARKET SUPERVISION IN 2021
The Czech National Bank issued its annual Report on Financial Market Supervision. The report contains an overview of information on the financial sector for 2021 and the most important supervisory and regulatory measures during this period.
ECB PUBLISHES SUPERVISORY BANKING STATISTICS FOR THE FOURTH QUARTER OF 2021
Aggregate Common Equity Tier 1 ratio remained stable at 15.48% in fourth quarter of 2021. Aggregated annualised return on equity decreased to 6.72%. Aggregate non-performing loans ratio fell further to 2.06%, with stock of non-performing loans declining to €374 billion. Share of loans that show a significant increase in credit risk (stage 2 loans) slightly up in fourth quarter at 9.14%, but still below level recorded one year ago (9.27%). Read the full article here.
CZECH REPUBLIC MTBO SPRINT CHAMPIONSHIP
Our colleague Kateřina Nováková claimed gold in Czech Republic MTBO Sprint Championship in Kutná Hora. Thanks to this incredible victory she is now also nominated for the European MTBO Championship in Lithuania. Congratulations! Czech television made an interesting documentary where you can also see her ride.
UPCOMING WORKSHOP
We have prepared a new seminar Machine Learning and Data Visualization in R with Applications in Finance for you. During 2 days you will have the opportunity to learn the basics of Machine Learning and learn the R programming language. For more info click here.
WE STAND WITH THE PEOPLE OF UKRAINE
We are deeply affected by what is happening now in Ukraine and we condemn the military invasion. That is why we have supported the Memory of Nations collection to help Ukraine.
EBA PUBLISHES DISCUSSION PAPER ON MACHINE LEARNING FOR IRB MODELS
The European Banking Authority (EBA) has published a discussion paper on the use of machine learning (ML) for IRB models. It presents possible challenges and benefits of using ML models, together with some recommendations on how to use them prudently. Depending on the answers to the questions posed in this paper, the EBA may change its attitude towards the use of ML models.
AUSSIE & KIWI FILM FEST, 10 – 14 DECEMBER, 2021
We are proud partner of the Aussie & Kiwi Film Fest. The 8th edition of the festival showcases contemporary Australian, New Zealand and Pacific cinema and culture, introducing audiences to the sunny culture and laid-back lifestyle. The whole event opens with a unique exhibition Aboriginal ART in Prague.
A NEW BOOK BY OUR COLLEAGUES COMING OUT
A new book R Language and Creating Graphs by our colleagues Petr Veselý and Kateřina Nováková has just been published. The book introduces you to the R programming language and its basic tools and graphical possibilities. The book also includes a number of examples showing how to create 2D and 3D graphs and other special graphs.