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Newsletter - July 2008, Issue #14  
 

Newsletter Content - Issue #14 - July 2008

 


ModelRisk for Insurance and Finance a great success!

Actuarial risk analysis, private wealth management, commodity risk and forecasting, asset portfolio evaluations – just a few of the many areas in which ModelRisk is being used since its launch.

While we had expected a large interest in ModelRisk from banks and insurance firms, we had not anticipated such interest from utilities, oil and gas companies, accounting firms, and a wide range of others. It is great to see ModelRisk being applied so widely!” says Huybert Groenendaal, partner at Vose Consulting.

The very extensive help-file of ModelRisk (which really is a world-class training tool) is now also freely available at http://www.vosesoftware.com/ModelRiskHelp/.

Please, contact us if you would also like to see an online demo of ModelRisk!

 

 

 

We are looking forward to teaching the following risk analysis courses over the next coming months:

 

For questions regarding courses or to sign up, please contact Tony Gurule at Vose Consulting.  Ph: 303-768-8669 Email: .

 

Recent  Interesting Projects

Vose Consulting has recently completed quite a few interesting projects. Here are two interesting examples.

Pharmaceutical deal making
A large pharmaceutical firm approached Vose Consulting to help evaluate the risks (and potential rewards) of a potential large licensing deal. The potential deal was particularly interesting because of some clauses in the contract that allowed either of the parties involved to change the business terms after the deal would be signed. Vose Consulting helped the Client construct a comprehensive Monte Carlo model that captured the “optionality” within the potential deal. The results of the model greatly supported the Client’s decision making and negotiations.

Optimal Capital Structure
A big architecture and engineering consulting firm wanted to better understand how to optimally plan for future events, while being well prepared for continuous growth. More specifically, while the firm had to deal with the uncertainty about its future growth and a number of other risks, it is currently able to make decisions on its dividend policy and if necessary raise debt. Vose Consulting worked together with the Client to construct a stochastic optimization model that captured the uncertainty of the Client’s future business, while simultaneously optimizing dividend policy and a number of other variables. The model can easily be updated and as such will continue to support the Client in setting an optimal financial course for the future.

 

New Vose Consulting Team Members

Please join us in welcoming our new team members.

Eleonora Muradyants is the newest member of our Russia office team taking on the role of Office Manager. From 1997 until 2007 Ella Muradyants worked at the United Nations Organization both for emergency and development programs (UNHCR, UNICEF, UNDP) in the Russian Federation in the fields of Administration, Finance, HR Management and Communication. Eleonora will also be managing the academic program of ModelRisk within Europe. Welcome to the Vose team!

 

Michael Ruston is the newest member of our U.S. office team taking on the role of Risk Analysis Consultant. Michael comes to Vose Consulting with a Masters of Science in Applied Mathematics from the University of Colorado.
At http://www.voseconsulting.com/about_ruston.htm you can read more about Michael:

 

 

 

Contact Information

For additional information or to make suggestions, please feel free to contact us:
Website: http://www.voseconsulting.com
Email:
Phone (Toll Free, US only):     1-866-259-7434
Phone (From outside US):       1-303-440-8524