Professor Mulvey is a leading expert in large-scale
optimization models and algorithms, especially financial
He has implemented integrated risk management for many
large financial companies, including American Express, Towers Perrin - Tillinghast, Pacific Mutual, and St. Paul Insurance.
The ALM systems link the key
risks within the organization and
assist the company in making high-level decisions.
His recent work involves the
area of alternative investments (hedge funds, private
equity, venture capital, commodities), their relationship to
traditional assets, and dynamic investment strategies to
In addition, he has built significant planning systems
for government agencies, including the Office of Tax
Analysis for the Treasury Department, and the Joint Chiefs
of Staff in the Defense Department.
He has edited five books and published over 170 scholarly papers.
He has developed a graphical network approach to model stock returns over time using unsupervised learning algorithms.