Fincad News
Recipient of $20,000 Women in Finance Scholarship Announced
September 28, 2023

Numerix, a leader in capital markets risk management technology, is thrilled to introduce Jhanvi Shah as the recipient of this year's 20,000 USD Women in Finance Scholarship. The annual scholarship is awarded to one woman pursuing her advanced degree in finance. 

Shah will use her scholarship towards a master's in Financial Asset Management from the Schulich School of Business, York University. Shah was chosen from over 100 applicants. This will be Shah's second master's degree; she also obtained a CFA level II certification. 

"My interest in the capital markets and risk management arises from the dynamic nature of global financial systems, the need for informed decision-making, and the desire to contribute to financial stability. I am eager to deepen my knowledge, refine my skills, and make a positive impact in these critical areas of the industry," explained Shah. 

Shah is a champion for supporting women pursuing finance careers, especially in India, where she is from. While discussing her future, she told the Numerix team, "I envision myself as a dynamic financial entrepreneur in India, leading my own firm where I successfully drive growth while at the same time advocating for diversity and inclusion in the industry." 

"We are thrilled to award this scholarship to Jhanvi Shah," said Helen He, who runs the program for Numerix. "She is smart, driven, and already extraordinarily accomplished. We are honored to help accelerate her already successful path into a career in finance or the capital markets." 

To learn more about Shah, please read this blog post by the Numerix and FINCAD team. 

The Women in Finance Scholarship was open to all women pursuing careers in financial asset management, market risk management, or derivatives finance within the capital markets. Shah now receives 10,000 USD directly to use at her discretion and an additional 10,000 USD, which is provided to her educational institution. 

This Scholarship program was started by and run by FINCAD in 2014 and continued under Numerix following FINCAD's acquisition in April 2023. Past winners have described the scholarship as crucial to their educational journey.  

About Numerix

Numerix is the leading provider of innovative capital markets technology solutions and real-time intelligence applications for trading and risk management. Numerix is dedicated to driving a more open, fintech-oriented digital financial services market. Built upon a 20+ year analytical foundation of deep practical knowledge, experience, and IT understanding, Numerix is uniquely positioned in the financial services ecosystem to help its users reimagine operations, modernize business processes and capture profitability. Numerix acquired FINCAD(link is external), a leading analytics company in the pricing and risk analytics of financial derivatives and fixed income products, in April 2023.

Media Contact 

Emily Drooby, Numerix PR