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<?xml-stylesheet type="text/xsl" href="../part2stratml.xsl"?><PerformancePlanOrReport><Name>About VRI</Name><Description>NYU Stern’s Volatility and Risk Institute (VRI) is an expansion of the School’s celebrated Volatility Institute, founded in 2004. The VRI is Stern’s designated hub to promote and facilitate all risk-related external and internal engagement and research among scholars, practitioners, and policymakers.</Description><OtherInformation>The VRI is co-led by Robert Engle, the Michael Armellino Professor of Management and Financial Services, director of the NYU Stern Volatility Institute, and 2003 Nobel Laureate in Economic Sciences, and Richard Berner, Executive-in-Residence and Clinical Professor of Management Practice in Finance at NYU Stern, and former Director of the Office of Financial Research.</OtherInformation><StrategicPlanCore><Organization><Name>Stern Volatility and Risk Institute</Name><Acronym>VRI</Acronym><Identifier>_6f23cca2-40e9-11eb-a6fa-ca1a3083ea00</Identifier><Description/><Stakeholder StakeholderTypeType="Generic_Group"><Name>VRI Staff</Name><Description/></Stakeholder><Stakeholder StakeholderTypeType="Person"><Name>Robert Engle</Name><Description>Co-Director</Description></Stakeholder><Stakeholder StakeholderTypeType="Person"><Name>Richard Berner</Name><Description>Co-Director</Description></Stakeholder><Stakeholder StakeholderTypeType="Person"><Name>Rob Capellini</Name><Description>V-Lab Director</Description></Stakeholder><Stakeholder StakeholderTypeType="Person"><Name>Matt Hemphill</Name><Description>Assistant Director</Description></Stakeholder><Stakeholder StakeholderTypeType="Person"><Name>Matt Matysik</Name><Description>Assistant Director</Description></Stakeholder><Stakeholder StakeholderTypeType="Person"><Name>Brian Reis</Name><Description>Data Analyst</Description></Stakeholder><Stakeholder StakeholderTypeType="Organization"><Name>NYU Stern</Name><Description>NYU Stern is renowned for being in the vanguard of thought-leadership on financial institutions, financial crises, and financial policy, across its faculty, finance and economics departments, centers, and institutes, leading a robust dynamic of research, programming, and curricula. This has included the Volatility Institute and it’s Volatility Laboratory (V-Lab), which provides real-time measurement, modeling, and forecasting of volatility and correlations for a wide spectrum of financial assets, and SRISK, a powerful measure of the stability of the global financial system and its constituent countries and firms.</Description></Stakeholder><Stakeholder StakeholderTypeType="Generic_Group"><Name>Scholars</Name><Description/></Stakeholder><Stakeholder StakeholderTypeType="Generic_Group"><Name>Practitioners</Name><Description/></Stakeholder><Stakeholder StakeholderTypeType="Generic_Group"><Name>Policymakers</Name><Description/></Stakeholder></Organization><Vision><Description>Real-time measurement, modeling, and forecasting of volatility and correlations</Description><Identifier>_6f23cec8-40e9-11eb-a6fa-ca1a3083ea00</Identifier></Vision><Mission><Description>To promote and facilitate risk-related engagement and research</Description><Identifier>_6f23cfc2-40e9-11eb-a6fa-ca1a3083ea00</Identifier></Mission><Value><Name>Research</Name><Description/></Value><Value><Name>Engagement</Name><Description/></Value><Value><Name>Measurement</Name><Description/></Value><Value><Name>Modeling</Name><Description/></Value><Value><Name>Correlation</Name><Description/></Value><Value><Name>Forecasting</Name><Description/></Value><Goal><Name>Research &amp; Collaboration</Name><Description>Support risk-related research and collaboration</Description><Identifier>_6f23d04e-40e9-11eb-a6fa-ca1a3083ea00</Identifier><SequenceIndicator/><Stakeholder StakeholderTypeType="Generic_Group"><Name>Scholars</Name><Description/></Stakeholder><Stakeholder StakeholderTypeType="Generic_Group"><Name>Practitioners</Name><Description/></Stakeholder><Stakeholder StakeholderTypeType="Generic_Group"><Name>Policymakers</Name><Description/></Stakeholder><OtherInformation>The VRI serves as a designated hub to support risk-related research and collaboration among the School’s and the University’s network of scholars, practitioners, and policymakers. It supports, promotes, and facilitates risk analysis, assessment, and measurement, and to promote collaboration between faculty research and practitioners on the cutting-edge of real-world risk issues.</OtherInformation><Objective><Name>Analysis, Assessment &amp; Measurement</Name><Description>Facilitate risk analysis, assessment, and measurement</Description><Identifier>_6f23d0da-40e9-11eb-a6fa-ca1a3083ea00</Identifier><SequenceIndicator>1</SequenceIndicator><Stakeholder><Name/><Description/></Stakeholder><OtherInformation/></Objective><Objective><Name>Collaboration</Name><Description>Promote collaboration between faculty research and practitioners on the cutting-edge of real-world risk issues</Description><Identifier>_6f23d15c-40e9-11eb-a6fa-ca1a3083ea00</Identifier><SequenceIndicator>2</SequenceIndicator><Stakeholder StakeholderTypeType="Generic_Group"><Name>Stern Faculty</Name><Description/></Stakeholder><Stakeholder StakeholderTypeType="Generic_Group"><Name>Risk Management Practitioners</Name><Description/></Stakeholder><OtherInformation/></Objective></Goal></StrategicPlanCore><AdministrativeInformation><StartDate/><EndDate/><PublicationDate>2020-12-18</PublicationDate><Source>https://www.stern.nyu.edu/experience-stern/about/departments-centers-initiatives/centers-of-research/volatility-and-risk-institute/about</Source><Submitter><GivenName>Owen</GivenName><Surname>Ambur</Surname><PhoneNumber/><EmailAddress>Owen.Ambur@verizon.net</EmailAddress></Submitter></AdministrativeInformation></PerformancePlanOrReport>
