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Dr. Vijay joins Advisory Board of Risk Edge


(09 Sep 2014) Risk Edge (RES), a global provider of Commodity Risk Management Software Solutions, today announced that Dr. Vijaysekhar Chellaboina, formerly Head of TCS’s Risk & Finance Group, has joined its Advisory Board. Dr. Vijay will spearhead research on Quantitative models in the area of Commodity Risk Management for RES. He will also play a key role in executing Custom Financial Modelling assignments for RES clients. Prior to this, Dr. Vijay was Head of Risk & Finance Group in Tata Consultancy Services (TCS) where he carried out basic and applied research in the area of pricing and hedging of exotic derivatives, portfolio optimization, and risk management. He has also worked on the development of practical hedging schemes to minimize a chosen risk metric. He is currently Professor of Mathematics and Engineering at Mahindra Ecole Centrale Engineering college.

His Research interests include applied mathematics with specific focus on control system theory, stability theory, linear and non-linear systems, stochastic and uncertain systems, optimal control, and stochastic optimization. His applied interests include computational finance and control of biomedical systems. He also teaches mathematics at Mahindra Ecole Centrale Engineering college.

Dr. Vijay has a Ph.D. in Aerospace Engineering from Georgia Institute of Technology (Atlanta), and M. S. in Mechanical Engineering from Florida Institute of Technology, (Melbourne, US) and a B. Tech. in Mechanical Engineering, Indian Institute of Technology (IIT – Madras) (Chennai, India). He has Co-authored five books and written over 150 journal and conference articles.

Nitin Gupta, Founder and CEO of Risk Edge Solutions, said, “It’s a great honor and privilege to have someone like Dr. Vijay on our Advisory Board. It signifies the importance that Risk Edge gives to thought leadership in Commodity Risk Management Research, where models are generally simple adaptations from the Financial Industry. Dr. Vijay has the requisite expertise and passion that’s needed to build cutting edge Quantitative models for Commodities Industry. With him spear-heading our Research, we’ll be able to deliver bespoke pricing and risk models to our clients both within our risk product and as independent applications, that are far superior and suitable for our client’s unique needs.”

Dr. Vijay, Board of Advisors for Risk Edge Solutions, said, “I sincerely appreciate Nitin’s invitation to be part of the advisory board and am very excited to be part of the Risk Edge extended family. It is my wish that I collaborate with Risk Edge and its partners to develop state-of-the-art algorithmic solutions to commodity risk management.”

About Risk Edge Solutions:
Risk Edge is a Global Provider of Commodity Risk Management Solutions. Our Flagship Software Product, RiskEdge, is a world-class Integrated Risk Analytics Platform that meets all Risk Management related requirements for commodity companies. RiskEdge can accommodate unique commodity business processes with ease, is really Easy-to-Use because of its web-interface and is priced well within the budget for most companies. Risk Edge is based in Hyderabad, India, and has presence in 6 countries. RES team has prior experience in implementing Risk Solutions for several global, large commodity players, many of whom are Fortune 2000 companies.