Alexander Lipton

Scientific Advisor, UCL CBT

Alexander Lipton is Connection Science fellow at MIT Media Lab, adjunct professor of mathematics at NYU Courant Institute, an advisory board member at the Oxford-Man Institute, and a Scientific Committee member at UCL Centre for Blockchain Technologies. He departed from Bank of America Merrill Lynch where he served for ten years as a managing director. During this time, Alex worked in various senior managerial roles including quantitative solutions executive and co-head of the Global Quantitative Group. Earlier, he was a managing director and head of Capital Structure Quantitative Research at Citadel Investment Group in Chicago; he has also worked for Credit Suisse, Deutsche Bank and Bankers Trust. While working full time as a banker, Alex held several prestigious academic appointments, including visiting professor of quantitative finance at Oxford-Man Institute, visiting professor of mathematics at Imperial College London, and visiting professor of mathematics at the University of Illinois. Before switching to finance, Alex was a full professor of Mathematics at the University of Illinois and a consultant at Los Alamos National Laboratory. He received his undergraduate and graduate degrees in pure mathematics from Moscow State University. His current professional interests include digital banking, FinTech, including distributed ledger and other applications of cryptography in banking and payment systems. His scientific interests are centered on quantitative development of modern monetary circuit theory, mechanisms of money creation, interlinked banking networks, balance sheet optimization, and related topics. In 2000 Alex was awarded the first Quant of the Year Award by Risk Magazine. Alex is the author of two books (Magnetohydrodynamics and Spectral Theory and Mathematical Methods for Foreign Exchange) and the editor of five more, including, most recently, Quant of the Year 2000-2014, All Award Winning Papers. He has published more than a hundred papers on hydrodynamics, magnetohydrodynamics, astrophysics, chemical physics, and financial engineering. Alex is a founding patron of The 14-10 Club at the Royal Institution (jointly with David Harding). Alex is an avid collector of military optics and is currently working on a book on the history of military binoculars.