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Jawwad Farid
Works at Alchemy Technologies Pvt. Ltd
Lives in Karachi
3,286 followers|250,069 views
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Jawwad Farid

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Q&A: Sallie Krawcheck has a new game plan for women at work http://reut.rs/2jQgMQu
For decades, Wall Street was the ultimate boys club of all boys clubs.
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Jawwad Farid

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Citadel pays SEC $22.6 million to settle charges of misleading customers http://reut.rs/2jiD0hx
Citadel Securities, the market-making arm of billionaire hedge-fund manager Ken Griffin, has agreed to pay $22.6 million to settle charges that it misled customers about the way it priced trades, the U.S. Securities and Exchange Commission said on Friday.
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BlackRock profits beat forecasts as investors race to low-cost funds http://reut.rs/2isitpr
BlackRock Inc, the world's biggest asset manager, reported better-than-expected quarterly profits on Friday as it clamped down on expenses and investors stormed into lower-cost funds to take advantage of a year-end rally.
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Monks in New York.
“The key is”, I tell Irfan, “Pedestrian lives. That is the cross connect between our lives and theirs. They don’t want pedestrian lives and neither did we. Ordinary lives is what the ones that got away were running from. They don’t want anonymity, they want recognition. At their own terms not the terms the world, you or I have to offer. I don’t know what drives that? Certainly not insecurity, more like that inner voice that says you can do better, strive for more.”
Originally a piece written for Dawn. Now on medium. http://bit.ly/2j7lERY
Irfan Kheiri immediately zeroes in on the context. “That is what they are all missing. They think they understand, but without the context…
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Trump rally makes stock options great again for some CEOs http://reut.rs/2ijJOKn
Donald Trump once described Jamie Dimon as "the worst banker in the United States," but the president-elect has helped make the boss of JPMorgan Chase & Co (JPM.N) $50 million richer.
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Trump's war on private debt to reshape markets: James Saft http://reut.rs/2iXZVvW
(The opinions expressed here are those of the author, a columnist for Reuters.) Donald Trump's prospective attacks on private debt contrast strongly with his apparent comfort with rising public indebtedness. If carried out, both will have a massive impact on financial and asset markets.
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New York firm founder pleads guilty to $23 million fraud http://reut.rs/2jiNKMH
A New York woman who founded two firms pleaded guilty on Friday to defrauding investors, including friends and family members, out of more than $23 million by lying about her rates of return in order to cover up her growing trading losses.
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Florida lets MetLife, Unum boost premiums for long-term care http://reut.rs/2isozpL
Florida's insurance commissioner is allowing MetLife Inc and Unum Group boost long-term care premiums, alleviating financial stress the insurers have been facing from rising medical costs and policyholders living longer.
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Monks in New York.
“The key is”, I tell Irfan, “Pedestrian lives. That is the cross connect between our lives and theirs. They don’t want pedestrian lives and neither did we. Ordinary lives is what the ones that got away were running from. They don’t want anonymity, they want recognition. At their own terms not the terms the world, you or I have to offer. I don’t know what drives that? Certainly not insecurity, more like that inner voice that says you can do better, strive for more.”
Originally a piece written for Dawn. Now on medium. http://bit.ly/2j7ki9O
Irfan Kheiri immediately zeroes in on the context. “That is what they are all missing. They think they understand, but without the context…
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Morgan Stanley partners with Addepar to see more of clients' wealth http://reut.rs/2ijzFgU
Morgan Stanley is rolling out a new software platform to 20 of its top financial advisory teams to help them see more of their wealthiest clients assets.
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Bill Gross: Secular bear bond market to begin if 10-year Treasury yield tops 2.60 percent http://reut.rs/2iXZv8G
If the yield on the benchmark 10-year Treasury note moves above 2.60 percent, a secular bear bond market has begun, investor Bill Gross warned on Tuesday.
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SEC partly rules for 'Big Short' adviser but orders bigger payment http://reut.rs/2jmyE58
The U.S. Securities and Exchange Commission has partially overturned a ruling finding an investment adviser featured in the best-seller "The Big Short" liable in a case stemming from the 2008-09 financial crisis, but it increased how much he owes.
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Work
Occupation
Actuary, Author, Trainer, Mentor, Part Time Geek, Full time Failure
Skills
Asset Liability Management, Risk Management, Derivative Pricing, Financial Models, Basel II, Bank Regulation, Capital Adequacy, Treasury Products, Actuarial Science, Quantitative Finance, Forecasting, Interest Rate Simulations
Employment
  • Alchemy Technologies Pvt. Ltd
    Founder & CEO, 2003 - present
    Financial Risk Management and Basel II / Basel III solution provider in Pakistan, Middle East and Far East. 1. Map out Basel II roll out strategy on market, credit and operational risk management. 2. Design and implement capital management frameworks 3. Advise and education Board members on Risk Management issues. 5. Deliver domain specific training and capacity building workshops in the area of ALM, Stress Testing, Liquidity Management, Treasury products, Treasury Marketing, Risk, Derivative pricing and Financial modeling.
  • Alchemy Software (Pvt.) Ltd.
    Founder & CEO, 2010 - 2014
    Founder and CEO, FinanceTrainingCourse.com, an e-learning business with focused, live, online and offline training content in the Computational Finance, Asset Liability Management, Stress Testing, Capital Adequacy and GRC (Governance, Risk, Compliance) space.
  • AnnuityNet, Finetre,
    Director Product Development, 2001 - 2002
    Market leader in order entry and transaction processing solutions for annuities in North America. Championed & executed Information Technology, Business Engineering, Product Development and Strategic Initiatives. Led the charge as facilitator, consensus builder and subject matter expert in 21+ customer implementations (5 broker dealers, 16 insurance carriers and 100+ pensions & tax advantaged savings products). Resolved issues by building bridges and educating internal and client operations, back office, technology, quality assurance, business development and project management teams
  • Avicena LLC
    CEO, 1999 - 2001
    E-learning startup targeting corporate training within the financial services sector. 21 months of front line, start-up exposure as founder/ CEO. Successfully raised seed capital, closed incubation agreement, delivered technology platform to production environment, signed up Beta customers and launched the product at the Society of Actuaries annual exhibition in Chicago
  • Goldman Sachs
    Associate, 1998 - 1998
    Worked with Firmwide Risk to extend Value at Risk framework to Currencies, Fixed Income Instruments, Derivatives and Convertible Bonds. The extended framework was deployed on the Margin Lending desk within the Prime Brokerage group in London.
  • Andersen Worldwide (SHMA)
    Manager, 1993 - 1998
  • InvestBank
    Advisor to the CEO, 2009 - 2011
    Green field FX and Commodities Risk advisory business in Pakistan with a non-custodial investment management function.
  • State Life Insurance Corporation of Pakistan
    Appointed Actuary, 2004 - 2008
    Appointed Actuary. Regulatory and Policy Holder representative and advisor to the largest Life Insurance Company in Pakistan with a 2 Billion Dollar Asset Footprint and a nationwide branch network in Pakistan and Middle East. Advice on valuation, investment, portfolio strategy, policy holder services, oversight and product development issues.
  • Dawood Family Takaful
    Appointed Actuary, 2007 - 2008
  • AsiaCare Life Insurance
    Appointed Actuary, 2007 - 2008
  • Pak Re
    Consulting Actuary, 2005 - 2008
Basic Information
Gender
Male
Story
Tagline
Reboot Dude. Two decades. Four continents. Three books. One exit.
Introduction
Author of Reboot, Risk Frameworks & Applications, Models at Work & Option Greeks Primer. The last two published by Palgrave Macmillan in 2014.  

Derivatives, Risk Management and Entrepreneurship Professor at SP Jain Dubai & Singapore. 

Founder at Avicena, Alchemy, FourQuants and FinanceTrainingCourse.com

P@SHA CEC Member and Treasurer. Mentor and Judge for the P@SHA Social Innovation Fund,  P@SHA ICT Awards and the Asia Pacific ICT Awards.

Fellow Society of Actuaries, Columbia Business School  & FAST ICS Alumni. 
Bragging rights
20 year in financial services consulting, caught on camera twice with a tie around my neck
Places
Map of the places this user has livedMap of the places this user has livedMap of the places this user has lived
Currently
Karachi
Previously
Pune - Bombay - Dubai - London - New York - Santa Ana - Costa Mesa - Leesburg - Ashburn - Herndon - Singapore - Abu Dhabi - Nairobi - Karen - Kula Lumpur -