Two Honors for Financial Mathematics in Kaiserslautern

Franziska Diez Receives GAUSS Young Investigator Award for Outstanding Doctoral Thesis

Press Release / June 09, 2021

The German Society for Actuarial and Financial Mathematics e.V. (DGVFM) and the German Actuarial Association e.V. (DAV) awarded the prestigious GAUSS Prize and three GAUSS Young Investigator Prizes for outstanding scientific work in actuarial and financial mathematics on June 8, 2021. One of the prizes goes to Kaiserslautern: Franziska Diez is awarded for her dissertation. At the same event, Prof. Dr. Ralf Korn was elected DGVFM chairman.

With the awards, the high-ranking expert committee from science and practice honors technical papers that bridge the gap between scientific quality and high practical relevance. Franziska Diez, a staff member at the Fraunhofer Institute for Industrial Mathematics ITWM, receives one of three GAUSS Young Investigator Awards for her dissertation »Yield Curves and Chance-Risk Classification: Modeling, Forecasting, and Pension product Portfolios« submitted to the Technical University of Kaiserslautern. »The work impressively combines theoretical methods of financial mathematics for modeling yield curves with applications to the chance-risk classification of capital market-linked pension products,« the jury's statement said.

Prof. Dr. Ralf Korn Elected Chairman

The award ceremony was part of the DGVFM's digital general meeting, where another Kaiserslautern resident was honored: Prof. Dr. Ralf Korn, professor of financial mathematics at TU Kaiserslautern and consultant at Fraunhofer ITWM, was elected chairman of the DGVFM by a large majority. Prof. Korn already chaired the association in 2015 and 2019. The DGVFM is one of the largest scientific associations in Germany. It takes care of research, education and training as well as transfer in the fields of financial and actuarial mathematics and represents in particular the contact between universities and mathematicians in finance and insurance.

Press Release

Two Honors for Financial Mathematics in Kaiserslautern

Franziska Diez Receives GAUSS Young Investigator Award for Outstanding Doctoral Thesis

Prof. Dr. Ralf Korn Elected Chairman

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Dr. Franziska Diez