BEE(JU), MSc (London), PhD (London), FBCS, FRSA, CMATH, FIMA
Founder and Managing Director
Prof Mitra is an internationally renowned research scientist in the field of Operational Research in general and computational optimization and modelling in particular. He has developed a world class research group in his area of specialisation with researchers from Europe, UK, USA and India. He has published five books and over hundred and fifty research articles. He is an alumni of UCL and currently a Visiting Professor of UCL. In 2004 he was awarded the title of ‘distinguished professor’ by Brunel University in recognition of his contributions in the domain of computational optimization, risk analytics and modelling. In OptiRisk Systems he directs research and actively pursues the development of the company as a leader in the domain of financial analytics. Professor Mitra is also the founder and chairman of the sister company UNICOM seminars. OptiRisk systems and UNICOM Seminars also have subsidiaries in India. In India and Southeast Asia both the companies are going through a period of organic growth.
A full list of his publications and academic activities can be viewed here
PhD (Brunel University London), MSc (Politecnico di Milano)
Chief Technology Officer
Dr Valente has a bachelor’s degree, first class honors in Computer Science and subsequently an MSc in Artificial Intelligence from Politecnico di Milano, Italy (2004). He was a sponsored industry based PhD research student in Mathematical Sciences, at Brunel University. He joined OptiRisk Systems in 2005; the company, as the managing partner of the WEBOPT project (CRAFT programme of EU) sponsored his PhD research. Dr Valente’s PhD research was on the topics of Stochastic Programming and parallel computing. Dr Valente leads the design team for AMPL IDE and Stochastic AMPL (SAMPL). These flagship products have been developed under contract from AMPL Optimization Inc. who are also a Partner of OptiRisk Systems. Dr Valente has designed and developed many optimization based decision support systems and substantial industrial risk protection systems and acts as the main technological advisor for external projects. Dr Valente is fluent in Italian (his native language) and English and is also proficient in German.
Chief Business Development Officer
Shrey is a Computer Science graduate of Amity University; he has subsequently worked with Hindustan Times in the area of Customer Marketing. He joined UNICOM (Marketing Arm of OptiRisk) in 2015 and managed the Sales and Marketing Back Office in Kolkata/India. Over last 8 years he has gained a rich experience of working in IT, Media, Conferences and Training industries. Recently Shrey has joined OptiRisk Systems as the Chief Business Development Officer to take charge of Sales and Marketing. Shrey is outspoken and ambitious, driven by work and thrives on challenges.
Cristiano Arbex Valle
Belo Horizonte, Brazil
PhD (Brunel University London), MSc (Universidade Federal de Minas Gerais)
Senior Software Engineer and Consultant
Dr Valle has a bachelor’s degree in Computer Science and an MSc in Operations Research from Universidade Federal de Minas Gerais (UFMG), Belo Horizonte, Brazil. In 2011 Dr Valle joined OptiRisk as a software engineer and a researcher. In the year 2014 Dr Valle obtained his PhD in the department of Mathematical Sciences at Brunel University (UK) on the topic of optimization techniques and financial modelling. In OptiRisk, Dr Valle contributes in two areas: (i) development and enhancement of FortSP which is acknowledged as the best of breed (Integer) Stochastic Programming solver, (ii) in charge of developing financial analytics products which capture the research results acquired by OptiRisk in the domain of stochastic dominance, portfolio selection and sentiment analysis. Dr Valle is fluent in Portuguese (his native language) as well as in English; he also has advanced knowledge in Spanish and French.
Consultant and Associate Researcher
Christina Erlwein-Sayer is a consultant and associate researcher at OptiRisk Systems. Her research interests lie in financial analytics, portfolio optimisation and risk management with sentiment analysis, involving time series modelling and machine learning techniques. She holds a professorship in Financial Mathematics and Statistics at HTW University of Applied Sciences, Berlin. She completed her PhD in Mathematics at Brunel University, London in 2008. She was then a researcher and consultant in the Financial Mathematics Department at Fraunhofer ITWM, Kaiserslautern, Germany. Between 2015 and 2018, prior to joining HTW Berlin in 2019, she was a full-time senior quantitative analyst and researcher at OptiRisk Systems, London, UK. She teaches modules on statistics, machine learning and financial mathematics and is part of the CSAF faculty. Christina is an experienced presenter at conferences and workshops: amongst others, she presented at workshops in London, IIM Calcutta in Kolkata and Mumbai and in Washington to World Bank.
PhD and MSc (Brunel University, London)
Quantitative Analyst and Researcher
Dr Sadik has a bachelor’s degree in Mathematics from Salahaddin University – Erbil in the Kurdistan region of Iraq. After working as an IT technician, he pursued an MSc Degree in Computational Mathematics with Modelling at Brunel University, London (2012). Dr Sadik completed his PhD in Applied Mathematics with a thesis on the ‘Asset Price and Volatility Forecasting Using News Sentiment’ at Brunel University, London (2018). His research interests include news sentiment analysis, macroeconomic sentiment analysis, stochastic volatility models, filtering in linear and nonlinear time series applying Kalman filters, volatility forecasting as well as optimization and risk assessment. His current research interests lie in the areas of empirical finance and quantitative methods and, in particular, the role of news sentiment in financial markets. He has been involved in developing predictive models of sentiment analysis, and sentiment-based trading strategies for the last five years. These models and strategies are developed in C, C++, MATLAB, Python and R as appropriate. His prior studies include the impact of macroeconomic news on the spot and futures prices of crude oil, and the impact of firm-specific news on the movement of asset prices and on the volatility of asset price returns. Dr Sadik is fluent in Kurdish (his native language), as well as in English and Arabic.
Intern and Sponsored PhD Candidate
Yuanqi joined OptiRisk Systems in October 2020. She is an industry sponsored PhD student in the Department of Mathematics, Brunel University. Yuanqi is supervised by Professor Keming Yu and her research is in the area of Statistics. Earlier she obtained her master’s degree in Statistics (with Distinction) from University of Nottingham in 2019. Yuanqi has a strong programming background and is well versed in, R, MATLAB and SPSS.
Alexander is the CEO of a start-up company Transolved, and a research associate of OptiRisk. He is also a Doctoral Researcher at the Mathematics Department of Brunel University, actively involved in the research projects funded by OptiRisk. Alexander has work experience and masters degrees in Finance and Data Analytics. His research focuses on applications of implied volatility and alternative data in financial modelling as applied to the BFSI sector.
Senior Research Associate
Arkaja is a dynamic academic actively engaged in research in the domain of corporate finance and financial markets. She has the experience of investing in Indian equity derivatives, namely, futures and options. Through a number of consulting projects involving small scale enterprises (start ups companies such as — Man Capital, Clark & Kent Inc) she had been active in the industry. She received her PhD from Indian School of Business in Financial Economics in 2017; she is affiliated with Higher School of Economics, Moscow. Currently she is based out of Melbourne and is working on a series research papers. As of April 2021 Arkaja has joined the OptiRisk team as an Associate(Consultant).
Kieu Thi Hoang (Anna)
Financial Analyst and Relationship Manager
Kieu has a bachelor’s degree (with high distinction) in International Economics from Foreign Trade University, Hanoi, Vietnam. She was among the top 10% of all the global candidates in her CFA level 2 examination (December 2020). Kieu has a strong foundation in advanced financial analysis and work experience in the finance industry. She has worked as a Relationship Management Officer at Military Joint Stock Bank and as a Financial Product Development Specialist at VPS Securities Joint Stock Company; Both are renowned BFSI firms in Vietnam. She joined OptiRisk Systems as a Financial Analyst and Relationship Manager in April 2021.
Senior Associate (Consultant)
Dr Porrino has a bachelor’s degree in Electronics Engineering from Politecnico di Torino University and a PhD in Industrial Quality Controls from Brunel University. Dr. Porrino published his first scientific paper in an international journal while still an undergraduate and was consequently offered a full scholarship to continue his research as a PhD student, sponsored by the Belgian research centre OCAS. After entering the world of Finance as a Back-Office programmer for Merrill Lynch, Dr. Porrino was quickly promoted to Front-Desk analyst, bridging the gap between Complex FX Options traders and Quantitative Analysts. At a later stage of his career when working for Standard Chartered Bank, Dr. Porrino was in charge of developing their Algorithmic Trading and Auto-Hedging strategies. After leaving the world of Corporate Finance to pursue his own projects, Dr Porrino founded the software company Spirto OÜ which completed a number of NLP research projects in collaboration with Harvard University. In 2021 Dr. Porrino co-founded the Alt-Data provider TMI Data Science, of which he is the CTO. Since May 2021, he has joined the OptiRisk team as an Associate (Consultant).
Abhay Kumar Pandey
Abhay is a graduate of St. Xavier’s college, Ranchi (Year: 2020). He holds a degree in B. Com (Honours with First Division). Abhay’s interests and career ambitions are focused on financial markets, trading, and fund management. He has hands-on trading experience of more than two years. He is a financial market enthusiast and an active trader. Abhay joined OptiRisk’s sister company, Unicom Seminars as a Marketing Executive in March 2021. He moved to Optirisk in August 2021. Abhay has a strong foundation in financial analysis and experience of the financial market; he is a valuable addition to the Analytics and Trading Team of OptiRisk.
Senior Research Associate (Consultant)
Marco holds a degree in Physics, Summa Cum Laude (110/110), University of Bologna (Italy). Marco’s interests are focused on systematic trading in financial markets utilizing artificial intelligence as applied to fund management and investments. He is an active quant trader with 10 (+) years of hands-on trading experience. Marco has a strong knowledge of the Currency (FX) Market; his trading strategies are based on price dynamics and sentiment analysis. He has actively developed his career by completing certification courses such as Executive Program in Algorithmic Trading (EPAT) by QuantInsti, and Udacity’ Nanodegrees programs about Artificial Intelligence (Deep Learning, Natural Language Processing, Deep Reinforcement Learning). Marco joined OptiRisk in October 2021 as a research associate, focusing on developing new algorithmic trading models and improving existing ones. Marco has an excellent knowledge of major European languages: fluent in English, Spanish and Italian, and having a good command of French.
Akshita graduated from Christ University, Bangalore, India (Class of 2021) with a Bachelor’s degree in Economics Honours. During her undergraduate degree, she worked on her Research Paper titled ‘Examining the Case of Leontief Paradox in Value Added Trade – A Case Study of Selected Developing and Developed Countries’. Akshita is a keen learner; she started her professional career as an intern with the Research team of Antakshari Foundation (India). She joined OptiRisk (October 2021) as a research intern; her research is focused on Financial Markets, Economics and Data Analysis.
Trading Strategy Consultant
Suraj started his career as an entrepreneur and had founded two start-ups. He joined OptiRisk in March 2022 as a Trading Strategy Consultant. He has over ten years of experience trading in the Indian Stock market.; the last four years of which was with a Family Office and managed an AUM of INR 20,000 million(+). Suraj holds a bachelor’s degree in Mechanical Engineering from SSN College of Engineering, Chennai, India, and an Executive Post Graduate Management (PGPM) from Chennai Business School, India. Recently he has completed the Post Graduate Program in Securities offered by the National Institute of Securities, Mumbai, India. Suraj is sponsored by OptiRisk for an MPhil degree in the Department of Mathematics, Brunel University, UK. The focus of his research is to build trading strategies exploiting OptiRisk’s proprietary tools and models
Trainee Financial Analyst
Yash is a graduate of the Indian Institute of Technology, Dhanbad (Class of 2017). He holds a Bachelor of Technology degree in Electronics and Instrumentation Engineering. Yash’s interest in Financial Markets developed in his early days in college. He started his journey in Financial Markets as a market research intern at Trifid Research in the year 2016. He then went on to work as a proprietary trader at ARB Trading Group, Chicago where he actively traded in US and European Financial Markets. His product exposure includes VIX, VSTOXX, S&P500, EuroStoxx50, Euribor, Libor, and other fixed income derivatives. He also specializes in trading weekly Nifty and Banknifty option contracts. His interest in Quantitative Finance led him to join Optirisk Systems as a trainee Financial Analyst in July 2022.
BSc, PhD (Brunel)
Dr Lucas has extensive knowledge of Mathematical Optimization and Software Tools for (algebraic) Optimization Modelling. He is also a subject expert in the domains of Stochastic Optimization, Asset and Liability Management (ALM) and Risk Analytics. He has executed many industrial projects on behalf of the company; these include US Coast Guard Cutter Scheduling, ALM project for Insight Investment, Natural Oil Buying (trading) policy for Unilever amongst others. Dr Lucas is one of the lead faculty of the Optimization / and Stochastic Optimization training course of OptiRisk Systems. He has many journal publications and has held an academic position at CARISMA, Brunel University, London.
BSc(Oxon), PhD (Brunel)
Principal Consultant (Retired)
Dr Ellison worked as a Senior Research Associate in CARISMA at Brunel University. He has a long-standing experience of developing large-scale optimization software and has implemented some world-class systems such as APEX and UIMP. He had implemented large part of the FortMP solver system.Dr Ellison had worked closely and extensively with Professor Mitra and had executed a number of projects on behalf of the company. In particular he constructed Portfolio Planning tools for UBS, State Street Global (Allocate), Fidelity Investment and NAG Ltd. He has a first class honours degree BA(Oxon), from the Queen’s College, University of Oxford.
MSc, PhD (EotvosLorand)
Dr Fabian has 15 years’ experience in optimization and decision support modelling; in particular he specialises in computational models for decision making under risk.
He has an MSc and PhD degrees from EotvosLorand University, Hungary. He is senior researcher at Kecskemet College, Hungary; and lecturer at the Department of Operational Research, EotvosLorand University, Hungary. He supervises PhD researchers at Kecskemet College and is an Advisor to OptiRisk Systems. Dr Fabian speaks Hungarian and English.
BSc, Mathematics, MSc, Applied Statistics and Optimization (University of Bucharest) PhD (Brunel University, London)
Consultant and Research Associate
After completing her PhD under late Professor Darby-Dowman and Professor Mitra, Dr Roman joined OptiRisk Systems as a software developer. She had designed the scenario-generator library which was used inSPInEthe first version of the SP Tool developed by OptiRisk Systems. Together with Professor Mitra she has written a few seminal papers on the topic of portfolio construction with downside risk control in general and use of Second Order Stochastic Dominance (SSD) in particular. Dr Roman is a faculty member of CARISMA, and a lecturer in the department of Mathematical Sciences at Brunel University.Dr Roman is Fluent in Romanian (Native language) and in English.
Dr. Brandão has knowledge of Machine Learning and Combinatorial Optimization. He is also an expert in Data Science applied to financial problems, an area where he has won several prizes from different companies and challenges. Dr. Brandão has also been solving many industrial problems since 2009, after creating the Laboratory of Research and Development (LRD) at Universidade Federal de Alfenas (Brazil). Nowadays, this laboratory has been providing services to different companies around the world under his coordination.
Ronald is Principal Investigator of the project ReKlaSat 3D (Reconstruction and Classification of Satellite Images) using contemporary Deep Learning technologies at the WU Vienna University of Economics and Business as well as President and CEO of the Academy of Data Science in Finance (dsf.academy). He is actively teaching Quantitative Finance, Machine Learning and AI at different WU Executive Academy MBA programs as well as various Bachelor and Master programs at the WU Vienna University of Economics and Business, Austria and the University of Bergamo, Italy.