IMA Mathematics in Finance
One persistent theme in the history of mathematics is the close relationship between the subject and finance. From the Babylonians, through Fibonacci and then Stevin, Pascal, Fermat, Huygens, Bernoulli and Bachelier the development of mathematics has often been based on solving problems in finance.
The series of financial crises following 2007 have highlighted the need for novel mathematics to address the increasingly complex problems of finance. The IMA Conference on Mathematics in Finance has been organised in conjunction with the Bank of England, now responsible for financial stability in the UK, and with reference to the Department for Business Innovation and Skills Foresight project on the Future of Computer Trading in Financial Markets. The aim is to encourage mathematicians, from a wide range of backgrounds, to address important societal issues in relation to the operation of modern markets.