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The following was excerpted from an article published on the website of CS-Can/Info-Can, the nation’s professional society dedicated to representing all aspects of computer science and the interests of the discipline to Canadians.

It’s not about building technology; it’s about finding a solution to an existing problem for the research group of Ihab Ilyas, a professor at the Cheriton School of Computer Science.

University of Waterloo Faculty to Mathematics researchers have developed a new method that enables large insurers to reduce the time spent estimating the financial liabilities of their portfolios from days to hours while achieving high accuracy.

A study details the new method which significantly reduces computational time, but still estimates the financial liability of variable annuity portfolios accurately for business purposes.

The Faculty of Mathematics celebrates the outstanding achievements of Yinan Li and Yilin Chen, the two recipients of the 2020 Huawei Prize for Best Research Paper by a Mathematics Graduate Student. Both students published research papers that advance their field of study with an innovative approach to a complex problem.