Global leaders in academia, government and business will convene April 29 to May 1 at Suffolk University for enriching and engaging discussions on the changes transforming today’s financial sector during the Third International Business Complexity and Global Leader Conference.
The three-day conference, co-hosted by the Center for Business Complexity and Global Leadership at the Sawyer Business School and Suffolk University Law School, boasts a robust agenda focusing on the radical changes in social, economic and technological systems that are connecting and interlocking the financial sector into a single, complex and fluid system.
As little as 10 years ago separate firms and markets functioned within their own towers, but today, with the advances in big data, “all the financial firms are interdependent,’ said Professor Greta Meszoely, the director of the center and one of the conference leaders.
It is not enough to evaluate the risk of a single firm. The risk of that firm’s connections must also be brought into the equation, she said. “The sum of the parts does not create the whole.” Rather, it is micro elements of the system that drive scenarios once unthinkable in the past, she said.
Traditional tools and technologies are failing to integrate the vast changes transforming this paradigm.
The conference, “Rethinking Policy and Practice in Today’s Financial System,” will create debate on the fundamental relationships of social, economic, political and technological models that now drive the financial sector while at the same time balancing the need to identity and mitigate risk within these emerging scenarios that are no longer driven by linear expressions.
- Kathleen C. Engel, Associate Dean for Intellectual Life, Suffolk University Law School
- Joe Kinahan, chief derivatives strategist, TD Ameritrade
- Alex “Sandy” Pentland, director of MIT’s Human Dynamics Laboratory and the MIT Media Lab Entrepreneurship Program
- Luciano Pietronero, professor of Physics, Sapienza – Università di Roma
The conference will be held April 29 to May 1 at Sargent Hall, 120 Tremont St., Boston. Registration is free and open to the university community as well as to the public.