KAUST Professor Peter Markowich has been named a 2022 Fellow of the American Mathematical Society (AMS). He is recognized for contributions to partial differential equations, particularly the mathematical and numerical analysis of dispersive equations. Markowich applies differential mathematics to disciplines such as physics, AI, biology and engineering, including research on leaf venation patterns. Why it matters: This recognition highlights KAUST's strength in applied mathematics and its faculty's contributions to both theoretical and interdisciplinary research.
KAUST's Stochastic Numerics Research Group is developing methods for pricing European options. Their approach, detailed in an upcoming Journal of Computational Finance article, focuses on systematically tuning parameters to achieve accuracy while minimizing computational effort. The goal is to enable automated computation of fair prices for options contracts, similar to how insurance companies determine premiums. Why it matters: This research advances computational finance in the region, potentially improving risk management and investment strategies.
KAUST Associate Professor Aurelien Manchon has been appointed as the Wohlfarth Lecturer for the Magnetism 2020 conference. The conference, organized by IEEE UK Magnetic Chapter and the Institute of Physics, will be held in Sheffield, U.K. Manchon's research at KAUST focuses on spintronics and the development of high-speed, energy-efficient microelectronics. Why it matters: This recognition highlights KAUST's contributions to cutting-edge research in spintronics and magnetism, areas crucial for advancing microelectronics and data storage technologies.