Press Releases
Numerix Names 2024 Women in Finance Scholarship Recipient
August 15, 2024
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Numerix, a leading capital markets front-to-risk technology provider, proudly announces Jaya Gaur as the 2024 Women in Finance Scholarship recipient. This prestigious award grants Gaur $20,000 to assist in pursuing her master's degree in financial engineering at the University of California, Berkeley.

Gaur's impressive resume includes stints at top-tier firms in roles like Synthetics Equity Swaps Trading and Delta One Trading. She also completed a research project focusing on debiasing AI, understanding the impact of behavioral finance on investing, and portfolio returns based on investor profiling, where she trained AI to predict relevant biases.

With the support of this scholarship, Gaur aims to advance her education and become a leading figure in the financial industry, which she is enthusiastic about seeing increasingly populated by women, particularly in leadership roles.  

“Each year, more women are breaking into traditionally male-dominated fields like finance, as employers increasingly recognize the value a diverse workforce brings to their organizations. This trend is incredibly encouraging, explained Gaur. “Women should seize every opportunity in finance, actively network, and, once they secure their dream jobs, never hesitate to voice their ideas and opinions.”

Gaur was born and raised in India, where the 2023 scholarship recipient, Jhanvi Shah, is also from. She eventually plans to return. "I'm excited to use my experience to help shape the financial markets in India, which have shown significant growth over the last 5-10 years. I plan to establish my own portfolio management firm, leveraging the talented young population in India and providing them with career advancement opportunities," Gaur explained.    

Numerix’s 2024 Women in Finance Scholarship received applications from 52 countries worldwide. Kelli Sayres, the scholarship's corporate sponsor, expressed her admiration, stating, "This year, we had a very high caliber of applicants to the scholarship, with many very qualified candidates to choose from. Jaya's impressive resume and background blew me away. Seeing women excel in this industry so early in their careers makes me optimistic and excited about the future of women in finance."

Visit the Numerix blog to learn more about Jaya Gaur, her impressive background, education, and future goals. The Numerix Women in Finance Scholarship will reopen for applications in early 2025. The latest information can be found on the scholarship landing page.  

About Numerix

Since its founding in 1996, Numerix has been at the vanguard of financial technology, providing groundbreaking expertise, quantitative analytics, and software that redefines pricing and risk management in the financial markets. With the strategic acquisitions of FINCAD and PolyPaths, Numerix has further strengthened its leadership position, empowering financial institutions worldwide to transform risk into opportunities with confidence.

Numerix is headquartered in New York City with offices around the world in major financial centers which allows for immediate access to the latest trends, innovations, and thought leaders in the industry. This extensive network across the Americas, EMEA and Asia-Pacific enables Numerix to offer localized support and services to its diverse clientele while drawing on global insights and expertise.