Congratulations to Professor Matt Lorig, who has been awarded the Early Career Prize by the SIAM Activity Group on Financial Mathematics and Engineering (SIAG-FME). The prize committee recognized Prof. Lorig for making “mathematically rigorous the asymptotic theory of derivative pricing and implied volatilities in a wide class of sophisticated financial models.” His methodology has been used to solve a great variety of problems in finance, such as pricing options and swaps, and dynamic/static hedging of derivatives. His work has also been published in a number of top journals in Financial Mathematics.
Established in 2010 by the Society for Industrial and Applied Mathematics (SIAM), this prestigious prize is given to an outstanding early career researcher for distinguished contributions to the mathematical modeling of financial markets. The prize is presented every second year at the biennial SIAM Conference on Financial Mathematics and Engineering.