
Alexander Lipton
Alexander Lipton is Co-Founder and Chief Information Officer of Sila, President of Numeraire Financial, Visiting Professor and Dean’s Fellow at the Hebrew University of Jerusalem, and Connection Science Fellow at MIT. Alex is a board member of Sila and an advisory board member of several fintech companies worldwide. In 2006–2016, Alex was Co-Head of the Global Quantitative Group and Quantitative Solutions Executive at Bank of America. Earlier, he was a senior manager at Citadel, Credit Suisse, Deutsche Bank, and Bankers Trust. At the same time, Alex held visiting professorships at EPFL, NYU, Oxford University, Imperial College, and the University of Illinois. Before becoming a banker, Alex was a Full Professor of Mathematics at the University of Illinois and a Consultant at Los Alamos National Laboratory. In 1984 Alex received the Best Young Geophysicist Award from the Soviet Academy of Sciences. In 2000 he was awarded the Inaugural Quant of the Year Award and in 2021 the Buy-side Quant of the Year Award by Risk Magazine. Alex authored/edited eleven books and more than a hundred scientific papers on thermonuclear physics, astrophysics, applied mathematics, financial engineering, and distributed ledgers. Currently, Alex serves as an Associate Editor of several journals covering Quantitative Finance. He frequently gives keynote presentations at Quantitative Finance and FinTech conferences and forums worldwide. Alex published several general interest articles in such publications as Scientific American, Barron’s, the Hill, and others. In addition, he is an avid collector and researcher of military optics
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Articles by Alexander Lipton
Automated market-making for fiat currencies
A framework to exchange fiat currencies on-chain consistently with off-chain prices is presented
A closed-form solution for optimal mean-reverting strategies
The heat potentials method is used to find the optimal profit-taking and stop-loss levels
Don’t fear the clearer
Wider use of CCPs not systemic threat – but participants do face hard-to-measure risks
Can quants defuse the pension time bomb?
Alex Lipton argues new quantitative methods are needed to solve the looming pension crisis
The decline of the cash empire
Alex Lipton: the last line of defence between us and punitive negative rates is paper currency
Blockchain: a solution looking for a problem
While new financial technologies show considerable promise, many proposed applications are either naive or miss the mark outright
Macroeconomic theories: not even wrong
Flawed and inconsistent mainstream macroeconomic theories such as efficient market hypothesis are dangerous to society, says Alexander Lipton
Banks must embrace their digital destiny
Alexander Lipton believes the time is right for advanced digital banks to take the industry forward, and quants can lead the charge
On derivatives and quants
Alexander Lipton on how the role of quants is adapting to the new financial environment