Ontonix´s President Publishes Book On Complexity and Resilience Rating

Como, August 26-th 2015. Dr. J. Marczyk, the Founder and President of Ontonix, has published a book entitled "Complexity and Resilience Rating: New Paradigms in Finance, Economics and Sustainable Investment". The goal of the book is illustrate how measuring complexity and resilience establishes the foundations of a new rating mechanism for stocks, portfolios, funds, corporations, national economies or systems thereof.

"With all likelihood high complexity is the most evident and dramatic characteristic of not just the economy; it is also the hallmark of our lives", said Dr. Marczyk. "In a complex economy conventional risk management, risk rating and business intelligence technologies are becoming dangerously outdated. The tools and solutions presented in the book have been architectured specifically for turbulence and for a complex economy dominated by shocks, destabilizing events and instability" he added. "In an interconnected economy rating single companies provides little insight as to their state of health and sustainability and performing large-scale systemic analyses of ecosystems of corporations becomes the source of new knowledge and new insights for the global investor. What we need today is a new approach to rating and a new global, transparent and independent rating agency. Most importantly, a new rating paradigm must reach beyond the conventional Probability of Default concept and focus on resilience, the fundamental characteristic of a sustainable business" he continued. "I would like to thank Dorian Credé for writing the Forword", he concluded.

Numerous examples throughout the book introduce many new techniques and concepts such as the following:
 

  • Complexity of the global economy
  • Systemic aspects and fragility
  • New sustainability measures
  • The Global Financial Complexity Index
  • Rating stocks and portfolios
  • Complexity-based portfolio design



Finally, the book outlines the salient characteristics of a future global rating agency which the author has been promoting for a number of years.

To order the book, click here.


Dr. Marczyk, author of eight books on stochastics and complexity management, has developed in 2003 the Quantitative Complexity Theory (QCT), Quantitative Complexity Management (QCM) methodologies and a new complexity-based theory of risk and rating. In 2005 he founded Ontonix, the first company to measure the complexity of generic systems. In 2009 he introduced a resilience-based rating system for businesses and financial products, pioneering the quantification of complexity in finance. After founding London-based Assetdyne in 2013, and introducing the Global Financial Complexity and Resilience Indices, he is focusing on complexity-based techniques of asset allocation and portfolio design.

Dr. Marczyk holds an MS in Aeronautical Engineering (Politecnico di Milano), MS in Aerospace Engineering (Politecnico di Torino) and a Ph.D in Civil Engineering (Universidad Politecnica de Catalunya). During his career he has held various executive positions and has worked for companies such as EADS, BMW AG, Centric Engineering Systems, ESI, Silicon Graphics, Tecnomare, EASi and MSC Software. He has lived and worked on four continents and is fluent in five languages.

 

Jacek Marczyk

Visionary, scientist, businessman and writer with over 35 years of experience in QUANTITATIVE large-scale Uncertainty and Complexity Management in diverse fields (manufacturing, finance, economics).

Author of nine books on simulation, uncertainty and complexity management, rating.

Developed in mid 90s the theory of eigenvalue orbits, a generalization of the concept of eigenvalue.

In 2000-2005 has developed the first Quantitative Complexity Theory (QCT), including a comprehensive measure of complexity.

Founded Ontonix Complexity Management in 2005 in the USA and launched in 2006 the first commercial system for MEASURING and managing complexity: OntoSpace.

In 2007 launched first on-line Resilience Rating for businesses, an objective and transparent rating system:

http://www.rate-a-business.com/

In 2009 delivered real-time technology to measure the complexity and stability of patients during operation or permanence in Intensive Care Units.

http://www.ontomeds.com

Developed a new theory of risk and rating published in 2009 in a book entitled "A New Theory of Risk and Rating".

Over last decade develops quantitative complexity management (QCM) technology and solutions for applications in economics, finance, Risk Rating and Management as well as in Asset Management and medicine. In the past five years works towards the democratization of ratings.

In 2013 he founded London-based Assetdyne, focusing on design of complexity-based high-performance portfolios and complexity-based asset allocation and asset management.

http://www.assetdyne.com

He is currently focusing on creating a new Rating Agency and a fund which will be managed via complexity technology (QCT).