News archive - January 2023

Thursday, January 26, 2023

Scotiabank Data Science Discovery Days encourages real-life problem-solving

Event group photo

More than a hundred students spent the weekend working in teams learning to detect fraud as part of the inaugural Scotiabank Data Science Discovery Days competition.

The event, which took place virtually and in Mathematics 3 from January 20th to January 22nd, invited teams of students from across campus to analyze large amounts of data in a project that mimics the real world work they would do in data science careers.

“Scotiabank and the University of Waterloo share a passion for innovation,” says Yannick Lallement, Scotiabank’s Vice President for Corporate Functions Analytics and AI/ML Solutions. “We are pleased to partner with UW on programs that encourage students to engage with applied data and analytics. The enthusiasm, creativity, and technical skills that UW brought to this challenge impressed me a great deal.”

Read the full story on the Math Faculty website.

Thursday, January 19, 2023

In Memoriam: Ken Seng Tan

Dr. Ken Seng Tan

We are very greatly saddened to announce that our beloved friend and colleague, Professor Ken Seng Tan, passed away on January 1, 2023. 

Ken Seng Tan completed his BMath, MMath, and PhD in Actuarial Science at the University of Waterloo. His 1998 doctoral thesis won an award for Oustanding Achievement in Graduate Studies. It also marked the beginning of a lifelong friendship and collaboration with his supervisor, Phelim Boyle. 

Ken Seng joined the Department of Statistics and Actuarial Science as faculty in 1998. He held a Canada Research Chair in Quantitative Risk Management from 2005 to 2010, and a University Research Chair from 2010 to 2015. From 2006 to 2015 he was Associate Director of the Institute for Quantitative Finance and Insurance and its successor, WatRISQ. Ken Seng also held a longterm visiting position at the Central University of Finance and Economics in Beijing, where he was active in supporting Chinese actuarial education and research. 

Thursday, January 5, 2023

Methane researchers team up to fight climate change

A research team led by Dr. Kyle Daun, an engineering professor at the University of Waterloo, is working with a sophisticated infrared camera to more accurately measure how well flares convert methane into CO2 as part of the oil and gas industry.