Science Foundation willing to invest €4.7m in mathematics research centre

UP to €4.7 million is to be invested in a new financial mathematics research centre by Science Foundation Ireland (SFI), the Government body responsible for funding core industrial and other research.

The financial mathematics and computation cluster (FMC) will bring together experts in financial mathematics, financial economics and computer science.

SFI said it will concentrate initially on the development of theory and methods for managing assets.