Canada’s financial services industry faces significant challenges to remain internationally competitive in the rapidly evolving web and big data environments. Scotiabank and its global competitors have as a key priority effective use of a large and growing amount of data to optimize the design and pricing of product offerings, to communicate effectively with clients, and […]

The September is an online luxury retailer. In this research project, we are going to design and implement a personalized recommender system to enhance customers’ online shopping experiences. The past transaction data and browsing history as well as the demographic information of customers will be analyzed to identify the purchasing patterns, shopping trends and user […]

This project will lay a foundation for Interior Savings Credit Union to better serve their membership by providing them with the means to discover significant membership groups within their large and complex database. This will be done through a combination of developing novel statistical techniques to discover the groups and writing the computer code needed […]

This project uses the purchase history data from loyalty member cards at the basket level (i.e., all items bought by a customer during a particular trip) for customers under the loyalty program of a chain drug store to develop a model that can generate a realistic future “customer shopping list” (i.e., customer baskets) using the […]

The objective of the project is to design a model determining capital requirements associated with property and casualty insurance business lines for an insurer that is compliant with the new IFRS 17 framework (international accounting framework). Several subcomponents of the model will be developed such as a dynamic model embedding dependence for the evolution of […]

We seek to replace or enhance the traditional underwriting approach (namely identification of insureds via a pre-defined fixed set of risk criteria) with one based on a set of dynamic protocols that are responsive to human behavioral factors for continual health improvement. We seek to provide a live and interactive in-market research dataset that can […]

Private pension plan sponsors wishing to manage their longevity risk transfer it to insurers through annuity contracts or bespoke longevity swap arrangements. They increasingly rely on such contracts to reduce their risk exposure. For example, annuity purchase activity from Canadian private pension plans expanded from $1 billion in 2012 to almost $2.7 billion in 2016 […]

UppstArt is a blockchain-based system for arts e-commerce. UppstArt integrates Ethereum blockchain to handle the online sale of art. UppstArt allows buyers to track the ownership provenance of artworks and resell their purchases any time. UppstArt also allows artists receive a royalty percentage every time their artworks are resold (Pending Canadian Legislation Artist Resale Rights). […]

This research will determine what factors are the most significant when it comes to the personalized shopping experience from the perspective of both customers and retailers, and shed light on opportunities and options for North American retailers to innovate within the retail space. We will conduct surveys with both retailers and customers to determine the […]

In this joint collaboration with BNS, we will develop a behavioural risk model to predict the likelihood of future risk of breaking the promise to pay debt for customers who only hold deposit products with BNS. The model will be utilized to support business operations such as credit card and loan pre-approvals. That is to […]

This proposal deals with the pricing and risk management considerations of a property and casualty (P&C) insurance company. These considerations are within the context of a new accounting standard called IFRS 17, in which liabilities in insurance contracts will be measured prior to and during the exposure periods. We propose an implementable and accurate methodology, […]

This research project aims to evaluate whether members of minority groups or women face higher barriers to access credit in the small and medium-sized enterprises credit market. The intern will analyze loan-level data provided by the business partner to evaluate whether these biases are detectable in the portfolio of SME loans of the business partner. […]