Our senior management team has a wealth of experience delivering technology solutions that are used at most of the top financial institutions around the world. They have guided, and continue to guide, the company through challenging economic times with great skill. We are especially proud to have achieved growth and commercial success during this period, without any external investment.

Dan Rosen brings a diverse combination of entrepreneurial and academic interests and skills to R² Financial Technologies and its clients. He co-founded R² after spending 10 years at Algorithmics Inc. in a variety of senior management roles, including strategy and business development, research and financial engineering, and product marketing. He is also an adjunct professor at the University of Toronto’s Masters program in Mathematical Finance. In 2010, Dan was inducted Fellow of the Fields Institute for Research in Mathematical Sciences for his “outstanding contributions to the Fields Institute, its programs, and to the Canadian mathematical community”.

Dan advises and lectures extensively around the world on financial engineering, enterprise risk and capital management, credit risk and market risk. He is the author of books and chapters on risk management, notably two chapters of the Professional Risk Manager`s Handbook. Among his many industry advisory roles, Dan sits on the Advisory Board and Educational and Credit Risk Steering Committees of the International Association of Financial Engineers (IAFE), is a founder and former regional director of the Professional Risk Management International Association (PRMIA), and a member of the Oliver Wyman Institute. He is also a founder of RiskLab, an international network of research centers in Financial Engineering and Risk Management. Dan holds a Ph.D. in Chemical Engineering from the University of Toronto.

Philippe Rouanet is a co-founder of R² Financial Technologies, where he oversees business operations, professional services and client engagements. His experience as a consultant includes engagements with financial and software institutions in Europe, North America, and Latin America in the areas of risk and derivatives’ valuation systems, implementation strategy, risk architecture, and economic and regulatory capital. Prior to R², Philippe held senior management roles at Algorithmics, including head of R&D and head of Product Management. Under Philippe`s leadership, AlgoSuite was voted the best risk technology solution in Risk Magazine from 2004-2006, and the Capital solution was ranked by Gartner Group as the best solution for regulatory compliance amongst 27 vendors. Prior to this, Philippe held senior management positions at Reuters Trade and Risk Management division, where he led the re-engineering of Reuters` Kondor+ enterprise-wide risk management solution.

Philippe holds an M.A.Sc . in Economics from the University of Paris.

Benoit Fleury brings a combination of passion for great products and exceptional domain knowledge to the role of Head of Product Management and Financial Engineering at R² Financial Technologies. Since joining R², he has lead the design, development and implementation of numerous valuation and risk systems for banks, credit structures and hedge funds around the world. Prior to R², he spent ten years at Algorithmics Inc., where he was responsible for the conceptualization and development of Algo Risk Application (ARA), its market and credit risk monitoring platform. He also directed the creation, deployment and commercialization of the managed services business, and set up the Valmer pricing service in partnership with the Mexican Stock Exchange. This involved managing a number of joint-ventures and strategic business alliances, notably with Bloomberg and with a number of stock exchanges.

Benoit has consulted to over 100 financial institutions around the world, including investment banks, insurance companies, asset managers and hedge funds. He holds a Master of Science and Business Administration from the University of British Columbia.

Joshua Madan brings over 20 years of financial software management experience, and unsurpassed knowledge of distributed, enterprise-wide financial systems architecture to the role of Head of Technology at R². Prior to joining R², Joshua was a Senior Director at Algorithmics and Fitch Risk Management, where he directed the development of OpVar, an operational risk and capital management product, and First, a web-based operational risk database product. Before his tenure at Algorithmics/Fitch, Joshua was the Director of Development at Sailfish Systems Ltd., a Reuters Company, where he led the re-engineering of the company’s flagship product KVaR+, a three-tier, client-server market risk management product still used by more than 40 large financial institutions around the world.

Debbie Williams directs the marketing and business development efforts at R² Financial Technologies. In her role, she is responsible for marketing and internal and external communications, as well as partnerships and channel sales efforts. Debbie brings more than 20 years of trading and risk management experience. She spent 15+ years advising banks and technology companies on risk management and trading technologies, building three companies dedicated to this work and serving clients in North America, Europe, Asia and the Middle East.

Before joining R2, Debbie was the director of the Basel II Program for RBS Citizens Bank, overseeing the implementation of process and technology in support of the bank’s compliance efforts. Prior to RBS, Debbie was co-founder and COO of Meridien Research, where her published works addressed credit risk, asset liability management and operational risk management systems, as well as profitability systems, payment systems, and a variety of trading room applications. Williams was a founding member of TowerGroup and also spent over 4 years in Tokyo as Head of Planning for Citicorp Investment Bank’s Technology and Operations Group. Williams began her career as an equity trader for Citicorp Scrimgeour Vickers in Tokyo. Williams has authored articles for numerous industry publications and contributed to five books on risk management.  Debbie is a member of the steering committee and previous regional director for the Boston Region of PRMIA. She is also member of the IAFE Advisory Board and the IAFE Technology Committee.

David Saunders directs research at R² Financial Technologies and is an Assistant Professor in the Department of Statistics and Actuarial Science at the University of Waterloo. He has wide industry experience as an advisor in the areas of derivatives valuation, risk management, and economic and regulatory capital. His research interests are well aligned with R²’s business focus, and include Bespoke and Cash CDO valuation and risk management, applications of optimization and stochastic programming for pricing derivatives and risk management, and the development of a general system for solving financial stochastic optimization problems.

From 2002-2004, David served as co-director of the Professional Masters Program in Mathematical Finance at the University of Pittsburgh, directing collaborative research projects between students and industrial sponsors such as the TD Bank and RiskMetrics, to name a few. Prior to that, he served as CLR Chair in Corporate Finance and deputy director of RiskLab Cyprus at the Cyprus International Institute of Management. David is an associate editor of the Multinational Finance Journal, and is a Research Fellow of the HERMES European Centre of Excellence on Computational Finance and Economics at the University of Cyprus. He is the author of many articles on the subjects of risk management, portfolio optimization and derivatives pricing.

David holds a Ph.D. from the University of Toronto.