Quantitative Models & Financial Engineering (QMFE) Work at the Financial Institutions Strategy Department

Background

Created in 2007, the Quantitative Models & Financial Engineering (QMFE) Team reflects reflects the BOT’s commitment to increasingly ground policy processes/measures in sound/credible theoretical, empirical, and methodological foundations as well as to take the intellectual lead in areas of financial economics/financial mathematics critical to the central bank’s ever evolving mission set.

QMFE reports directly to the Director of the Financial Analysis and International Strategy Office, Financial Institutions Strategy Department.

Roles & Responsibilities

QMFE is charged with accumulating, disseminating, leveraging, and institutionalising Core Proficiencies with respect to quantitative modelling and financial engineering.

Its modal existence is thus threefold: (1) as a policy-oriented research studies unit, (2) as an in-house quantitative technical consultancy, and (3) as an organisational knowledge management function

A progressive regime of capacity building thus necessitates initially a priority shortlist of (eight) Strategically Critical Knowledge (Gap) Areas to be identified.

Research/Publication/Presentation