Ken Seng Tan

Biography

Dr. Ken Seng Tan is a Professor in the Department of Statistics and Actuarial Science, University of Waterloo, University Avenue West, Waterloo, ON, Canada.

Research Interest

Professor Tan held a Canada Research Chair in Quantitative Risk Management. His research interests lie at the intersection of actuarial science, finance, mathematics, and statistics. Much of his work relates to the development and implementation of innovative approaches to risk management, scientific computation, and optimal reinsurance. The modern financial industry---comprising the banking and investment sectors, as well as insurance companies and pension funds---relies heavily on modern, computer-based risk analysis and management. As the array of financial products grows in variety and complexity, accurate and reliable risk management has become both more complex and more essential. Several tragic failures in recent years---such as the rapid demise of Confederation Life, Enron, Barings Bank, and Long Term Capital---have caused millions of investors to lose their money, and have provided ample evidence of the consequences of inappropriate risk management.