Paul Wilmott
Encyclopedia
Paul Wilmott is a researcher, consultant and lecturer in quantitative finance. He is best known as the author of various academic and practitioner texts on risk and derivatives, and for Wilmott magazine
and Wilmott.com http://www.wilmott.com, a quantitative finance portal.
He is the co-owner and Course Director for the Certificate in Quantitative Finance (CQF), a half year distance learning course on mathematical finance at 7City Learning, a London-based company providing training for the financial services industry. He is a founding partner of Caissa Capital
, a volatility arbitrage
hedge fund
. He is on the editorial board of the academic journal
International Journal of Theoretical and Applied Finance
. He founded the Diploma in Mathematical Finance at Oxford University; and the journal Applied Mathematical Finance. He is a director of Wilmott Electronic Media, which manages Wilmott.com, a website for the quantitative analyst
community, and is a director of Paul & Dominic Quant Recruitment.
He has written research articles on finance and mathematics, and, amongst others, has authored the following books:
Together with Emanuel Derman
, Paul Wilmott is one of the authors of the Financial Modelers' Manifesto
.
He studied mathematics
at St Catherine’s College, Oxford University, where he received his D.Phil in Applied mathematics
in 1985.
Wilmott Magazine
Wilmott Magazine is a mathematical finance and risk management magazine, combining technical articles with humor pieces. Each copy of Wilmott is 11 inches square, runs about 100 pages, and is printed on glossy paper...
and Wilmott.com http://www.wilmott.com, a quantitative finance portal.
He is the co-owner and Course Director for the Certificate in Quantitative Finance (CQF), a half year distance learning course on mathematical finance at 7City Learning, a London-based company providing training for the financial services industry. He is a founding partner of Caissa Capital
Caissa Capital
Caissa Capital was a hedge fund founded by Jonathan Kinlay in 2002, based on his research on volatility arbitrage in the late 1990s. In addition to Kinlay, who was head of research and portfolio management, the management team comprised International Chess Grandmaster Ron Henley as head of trade...
, a volatility arbitrage
Volatility arbitrage
In finance, volatility arbitrage is a type of statistical arbitrage that is implemented by trading a delta neutral portfolio of an option and its underlier. The objective is to take advantage of differences between the implied volatility of the option, and a forecast of future realized volatility...
hedge fund
Hedge fund
A hedge fund is a private pool of capital actively managed by an investment adviser. Hedge funds are only open for investment to a limited number of accredited or qualified investors who meet criteria set by regulators. These investors can be institutions, such as pension funds, university...
. He is on the editorial board of the academic journal
Academic journal
An academic journal is a peer-reviewed periodical in which scholarship relating to a particular academic discipline is published. Academic journals serve as forums for the introduction and presentation for scrutiny of new research, and the critique of existing research...
International Journal of Theoretical and Applied Finance
International Journal of Theoretical and Applied Finance
The International Journal of Theoretical and Applied Finance was founded in 1998 and is published by World Scientific. It covers the use of quantitative tools in finance, including articles on development and simulation of mathematical models, their industrial usage, and application of modern...
. He founded the Diploma in Mathematical Finance at Oxford University; and the journal Applied Mathematical Finance. He is a director of Wilmott Electronic Media, which manages Wilmott.com, a website for the quantitative analyst
Quantitative analyst
A quantitative analyst is a person who works in finance using numerical or quantitative techniques. Similar work is done in most other modern industries, but the work is not always called quantitative analysis...
community, and is a director of Paul & Dominic Quant Recruitment.
He has written research articles on finance and mathematics, and, amongst others, has authored the following books:
- Frequently Asked Questions in Quantitative Finance (Wiley 2009)
- Paul Wilmott On Quantitative Finance (Wiley 2006)
- Paul Wilmott Introduces Quantitative Finance (Wiley 2007)
- Frequently Asked Questions in Quantitative Finance (Wiley 2007)
- With J.N.Dewynne and S.D.Howison, Mathematics of Financial Derivatives: a Student Introduction. (Cambridge University Press 1995).
- With Dominic Connor, Paul & Dominic's Guide to Quant Careers.
Together with Emanuel Derman
Emanuel Derman
Emanuel Derman is a South African-born academic, businessman and writer. He is best known as a quantitative analyst, and author of the book My Life as A Quant: Reflections on Physics and Finance....
, Paul Wilmott is one of the authors of the Financial Modelers' Manifesto
Financial Modelers' Manifesto
The Financial Modelers' Manifesto was a proposal for more responsibility in risk management and quantitative finance written by financial engineers Emanuel Derman and Paul Wilmott. The manifesto includes a Modelers' Hippocratic Oath...
.
He studied mathematics
Mathematics
Mathematics is the study of quantity, space, structure, and change. Mathematicians seek out patterns and formulate new conjectures. Mathematicians resolve the truth or falsity of conjectures by mathematical proofs, which are arguments sufficient to convince other mathematicians of their validity...
at St Catherine’s College, Oxford University, where he received his D.Phil in Applied mathematics
Applied mathematics
Applied mathematics is a branch of mathematics that concerns itself with mathematical methods that are typically used in science, engineering, business, and industry. Thus, "applied mathematics" is a mathematical science with specialized knowledge...
in 1985.