FinAnalytica President, Boryana Racheva-Iotova and Head of Quantitative Research, Stoyan Stoyanov were invited speakers at the Conference on Latest Developments in Heavy-Tailed Distributions in Brussels, Belgium on March 26. 

The study and use of heavy-tailed distributions has grown from a niche field to one of great relevance, owing in part to the enormous amount of data in a wide variety of fields - finance being among the most prominent - which exhibit highly non-Gaussian behavior, but also because of advances in estimation techniques and the computer prowess necessary for conducting it.

The conference brought together leaders in the field to present their current research (both theoretical and applied), exchange ideas, and provide a platform for quantitatively talented doctoral students to gain access to, and possibly contribute to, this exciting, dynamic and highly relevant field.

Stoyan Stoyanov and Borjana Racheva-Iotova gave on practicioner talk titled: Fat-tailed Risk Management and Portfolio Optimization: The FinAnalytica Approach.