The IGF works closely with the New York University (NYU) Volatility Institute on issues affecting:
- Financial institutions
- Measuring systemic risk
- Global and regional financial stability
The Director of the Volatility Institute at NYU, and IGF Senior Fellow, is the Nobel Laureate Professor Robert Engle.
The IGF has been working with the Volatility Institute at NYU to further refine the methodology and techniques for measuring systemic risk of banks. The V-Lab at the Volatility Institute at NYU supplies live weekly data on the systemic risk of banks around the world including major banks from the US, Europe and Asia. One can visit the appropriate section of the IGF website for such information.
The finance industry and policy makers will benefit greatly from such live data information, as these measures are like early warning measures that capture the financial risk of global, regional and national banking systems.