International Association Of Financial Engineers - IAFE

Filed Under:
Dictionary Says

Definition of 'International Association Of Financial Engineers - IAFE'


A not-for-profit, professional society dedicated to promoting the field of quantitative finance by providing platforms to discuss current and fundamental issues in the profession. The International Association of Financial Engineers was founded in 1992 and is comprised of academics and professionals from banks, broker dealers, hedge funds, pension funds, asset managers, technology firms, regulators, accounting, consulting and law firms, and universities worldwide.


Members of the IAFE have access to members-only content on the organization's web site; access to IAFE Committees (area-specific initiatives to discuss policy issues in depth, including investor risk, operational risk, technology and education); attendance to IAFE evening forums; and discounts to certain industry journals and IAFE endorsed conferences.



Investopedia Says

Investopedia explains 'International Association Of Financial Engineers - IAFE'


Financial engineering is a cross-disciplinary field that utilizes computational intelligence, mathematical finance and statistical modeling, to analyze and predict market activity in order to make more informed investing, trading and hedging decisions. Risk management is a key aspect of financial engineering and practitioners attempt to calculate the financial risk posed by specific investments. Financial engineers are often referred to as "quants" because of the quantitative skills required of the profession. Financial engineers are typically well-versed in the C++ programming language and math subfields, including stochastic calculus, multivariate calculus, linear algebra, differential equations, probability theory and statistical inference.


Also called computational finance.



comments powered by Disqus
Hot Definitions
  1. Tech Street

    A term used in the financial markets and the press to refer to the technology sector. Companies like Intel, Microsoft, Apple and Dell are all considered to be part of Tech Street.
  2. Momentum Investing

    An investment strategy that aims to capitalize on the continuance of existing trends in the market. The momentum investor believes that large increases in the price of a security will be followed by additional gains and vice versa for declining values.
  3. Momentum Investing

    An investment strategy that aims to capitalize on the continuance of existing trends in the market. The momentum investor believes that large increases in the price of a security will be followed by additional gains and vice versa for declining values.
  4. IPO ETF

    An exchange-traded fund that focuses on stocks that have recently held an initial public offering (IPO). The underlying indexes tracked by IPO ETFs vary from one fund manager to another, but index IPO ETFs are usually passively managed and contain equities that have recently been offered to the public.
  5. IPO ETF

    An exchange-traded fund that focuses on stocks that have recently held an initial public offering (IPO). The underlying indexes tracked by IPO ETFs vary from one fund manager to another, but index IPO ETFs are usually passively managed and contain equities that have recently been offered to the public.
  6. Maritime Law

    A body of laws, conventions and treaties that governs international private business or other matters involving ships, shipping or crimes occurring on open water.
Trading Center