A Reality Check for Predictive Models

# Riskmatician / riSK'me'tiSHen / (noun)

A riskmatician is someone who uses extensive knowledge of mathematics in his or her work to solve problems involving financial risk.

Riskmaticians are concerned with using probability interpretations, data, quantity, structure, models, change, decision, and Information Theory. Riskmaticians are mathematical scientists who, with their specialized knowledge and professional methodology, approach many of the imposing problems presented in related scientific fields. They use applied mathematicians regularly in the study and formulation of mathematical models to a wide variety of problems from many scientific disciplines. Riskmaticians are considered to be two of the STEM (science, technology, engineering, and mathematics).