Demystifying ESG and Climate Risk for Agency MBS

Thursday, March 30, 2023 — 2 am PT / 5 am ET
30 minutes

Kay Giesecke

Founder, Chairman and Chief Scientist, Professor at Stanford University

Michael Digris

VP and Head of Product, Infima Technologies

Fueled by concern about climate change and investment transparency, events attributed to environmental, social and governance (ESG) and climate risk are leading to more regulation and reporting disclosure requirements across the globe.

From climate risk—hurricanes, flooding, drought, wildfires—to unfair lending practices, understanding how these risks impact agency mortgage-backed securities (MBS) cash flows and investment returns is a must.

Join Infima's Kay Giesecke, Founder and Chief Scientist, and Michael Digris, VP and Head of Product, as they share insights into:

  • Current regulatory and reporting framework landscape for ESG and climate risk factors

  • Why there’s an ESG and climate risk data gap for agency MBS investments

  • Infima's approach to integrating ESG and climate risk variables into investment decision-making

  • Sneak peek into Infima's coming framework-agnostic solution for agency MBS investments

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About the Speakers

Kay Giesecke

Founder, Chairman and Chief Scientist, Professor at Stanford University

Kay Giesecke is the Founder, Chairman and Chief Scientist at Infima. He is also Professor of Management Science & Engineering at Stanford University, the director of the Advanced Financial Technologies Laboratory, and the director of the Mathematical and Computational Finance Program. Kay serves on the Governing Board and Scientific Advisory Board of the Consortium for Data Analytics in Risk. He is a member of the Council of the Bachelier Finance Society.

Kay is a financial technologist interested in solving the challenging modeling, statistical, and computational problems arising in fixed-income and credit markets. Together with his students at Stanford, Kay has pioneered the core elements of the deep learning and computational technologies underpinning Infima’s solutions.

Kay’s research has won several awards, including the JP Morgan AI Faculty Research Award (2019) and the Fama/DFA Prize (2011), and has been funded by the National Science Foundation, JP Morgan, State Street, Morgan Stanley, Swiss Re, American Express, Moody's,and several other organizations.

Kay has advised several financial technology startups and has been a consultant to banks,investment and risk management firms, governmental agencies, and supranational organizations.

Michael Digris

VP and Head of Product, Infima Technologies

Michael Digris is Infima’s Vice President and Head of Product. He brings more than 25 years of financial technology experience across Fixed Income, Product Management, Data, and Proposition Management. 

Prior to joining Infima, Michael held senior product and proposition management positions at several companies, including Informa and Thomson Reuters, and was a co-founder at BondAxe (acquired by Reuters in 2006). Most recently, he was Head of Data at EPFR, an Informa company. He has previously headed up product launches for fintech solutions in Fixed Income Holdings, Fund Flows and Allocations, Equities Derivatives and FINRA TRACE Data. Before that, Michael held management roles at Visible Markets (the first online auction-based mechanism for Fixed Income Securities) and Internet Tools (acquired by Symantec).

He holds a B.A. in Economics and Communications from Fitchburg State University and a J.D. from Suffolk University School of Law.