Monica Billio – (University Cà Foscari Venice) Scientific Coordinator of the SYRTO Project – analyzes the interactions between financial institutions and sovereigns using Contingent claims analysis (CCA) and Network approach.

Giovanni Dell’Ariccia – (International Monetary Fund) Chief of the Macro-Financial Linkages Unit, Member of the Advisory Board of the SYRTO Project – Policy Division – talks about the effects of the crisis on the macro policy consensus and the relationship between monetary and regulatory (macroprudential) policies.

Ignazio Angeloni – (European Central Bank) Director General Financial Stability, Chair of the Financial Stability Committee and of the Task Force on Supervision – talks about the key elements and the challenges of the European Banking Union.

This talk was presented during the First International Conference on the Syrto Project.

Robert Engle, Nobel Prize in Economic Sciences (2003), Director of Volatility Institute At NYU Stern, introduces the Volatility Laboratory (V-LAB) which publishes daily estimates and forecasts of many risk measures for thousands of assets.  Moreover, he talks of the interesting events in recent weeks and draws implications about the effectiveness of risk measures to anticipate the financial crisis.

Roberto Savona – Associate Professor at the Department of Economics and Management, University of Brescia – introduces the objectives, the structures and the goals of the SYRTO Project.

The University of Brescia hosted on June 25 2013 the First International Conference of the SYRTO project, “SYstemic Risk TOmography: Signals, Measurements, Transmission Channels, and Policy Interventions”, funded by the European Union under the 7th Framework Programme.

After the introduction of the Primary and Scientific Coordinator of the SYRTO Project, Roberto Savona (University of Brescia), the following talks were:

1. Robert Engle (Director of the Volatility Institute, NYU Stern), Nobel Laureate in Economics, Member of the Advisory Board of the SYRTO Project – Scientific Division.
2. Ignazio Angeloni (European Central Bank), Director General Financial Stability, Chair of the Financial Stability Committee and of the Task Force on Supervision.
3. Giovanni Dell’Ariccia (International Monetary Fund), Chief of the Macro-Financial Linkages Unit, Member of the Advisory Board of the SYRTO Project – Policy Division.
4. Monica Billio (University Cà Foscari Venice), Scientific Coordinator of the SYRTO Project.
5. Andrea Beltratti (Bocconi University), Chairman of the Board of Directors of Eurizon Capital SGR.

Press about 4/5 April 2013 Kick off Meeting:

• Giornale di Brescia – April 2013
• Brescia Oggi – April 2013
• Corriere della Sera – April 2013

The University of Brescia hosted on 4 e 5 April 2013 the kick-off meeting of the SYRTO project, “SYstemic Risk TOmography: Signals, Measurements, Transmission Channels, and Policy Interventions”, funded by the European Union under the 7th Framework Programme.

The project aims to create an early warning system to identify potential threats to financial stability and realize an ensemble of suggestions and prescriptions on the appropriate policy measures, governance structure and macro-prudential supervision to prevent, manage and resolve systemic crises in the Eurozone.

Here, the full press release: KickOff_meeting_April_4_2013_english