Dr. Boryana Racheva-Iotova, Global Head of Risk, BISAM
Boryana is co-founder of FinAnalytica, including Cognity, the award-winning, multi-asset class market risk solution. She has over 15 years of experience in building risk management software solutions and translating the latest risk-related academic advancements into practical applications to meet the needs of buy-side practitioners. Before founding FinAnalytica, Boryana led the implementation of a Monte-Carlo based VaR calculation and structured products valuation engine to meet the Basel II Requirements at SGZ Bank. Her professional career in risk management began with the Bulgarian Finance Minister, developing a model for banks’ capital requirement estimation. Boryana’s numerous articles have been published by premier scientific journals, and she has led the development of six patented methodologies for FinAnalytica. She holds M. Sc. in Probability and Statistics at the Faculty of Mathematics and Informatics, Sofia University, and Doctor of Science degree, magna cum laude from Ludwig Maximilian University of Munich.