The Innovation Project

As part of his innovation professorship, Prof. Dr. Simon would like to develop new tools to be able to identify and quantify climate risks in investment and credit portfolios. At present, the model calculations are associated with an enormous computational effort and are correspondingly expensive, which prevents them from being used in practice. His goal is to research AI-based approaches that can significantly reduce resource requirements. To this end, he is planning the following measures, among others:

  • Development and validation of algorithms on the university's own infrastructure for AI research
  • Pilot phase and decentralized use of the resulting solution at the corporate partners

The innovation project is carried out in cooperation with Prof. Dr. Jörg Schäfer (faculty 2), Prof. Dr. Heikki Haario, Prof. Dr. Lassi Roininen (both LUT, Finland) and the industrial partners GLS Bank and right. based on science.


In Conversation with Prof. Dr. Martin Simon

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Franziska HedrichPROFfm communications and network
Building BCN (City Gate), Room 1030
Franziska HedrichID: 11346
last updated on: 11.04.2022