Abstract

The National Science Foundation and The Pew Charitable Trusts co‐sponsored a Workshop on Knowledge Representation and Information Management for Financial Risk Management on July 21 and 22, 2010 in Arlington, Virginia (see Flood, Kyle and Raschid, 2010). The goal of the workshop was to initiate a research discussion about the knowledge representation challenges for effective financial information management. Over fifty invited academic researchers, financial regulators and industry practitioners participated in the event. The participants brought diverse perspectives and expertise in economics, computer science, finance, and information science, resulting in an interdisciplinary exchange of ideas. The specific topics covered a broad range, including financial risk management, ontologies for knowledge representation, formal logics, schema mapping, systemic risk, constraint languages, networks, simulation techniques, data integrity, operational risk and data security, to name a few. This report describes the discussions flowing from the workshop and its immediate aftermath in greater detail. We hope, however, that this is only the beginning of a much longer conversation.

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