The Fields Institute Turns Twenty-Five 170725 Final book with covers - Page 147

CHAPTER 22 Creating a Field over Two Decades Moshe A. Milevsky “There was a lot of advanced mathematics being used in corporate finance and risk management as well as government finance and economics, but the idea was to model and formulate real-world problems that individuals face in their daily life using the language and tools of mathematics.” In early 2017, the non-profit Individual Finance and Insurance Decisions (IFID) Centre will be leaving the venerable Fields Institute, where it has been incubated for almost two decades, and moving to a new location in cyberspace. The IFID Centre will become an endowment-like organization with an online presence only. Although I personally have had the privilege of being the executive director of the IFID Centre since its inception at the end of the twentieth century, a bulk of the credit for its creation belongs to Bradd Hart (McMaster University) who was then