Andrew Kalotay
Mathematician, Person
1941 –
Who is Andrew Kalotay?
Andrew Kalotay is a Hungarian-born finance professor, Wall Street quant and chess master. He is best known as an authority on fixed income valuation and institutional debt management. He is currently the President of Andrew Kalotay Associates, and an adjunct professor at Polytechnic Institute of New York University.
His innovations include the concept of refunding efficiency—a widely used tool for managing callable debt, the ratchet bond—a surrogate for conventional callable bonds, and volatility reduction measure—for testing hedge effectiveness. Kalotay has also made numerous contributions to the quantitative analysis of option-adjusted spread, interest rate derivatives, and mortgage-backed securities; he is an author of the Kalotay–Williams–Fabozzi model. In 1997 he was inducted into the Fixed Income Analysts Society’s Hall of Fame.
Kalotay emigrated to Canada following the 1956 Hungarian Revolution. He graduated from Queen's University in Kingston, Ontario, with two degrees in mathematics, earning his bachelor's degree in 1964 and his master's degree in 1966. He moved to the University of Toronto, and completed his doctorate in statistics there in 1968.
We need you!
Help us build the largest biographies collection on the web!
- Born
- 1941
- Profession
- Education
- University of Toronto
- Queen's University
Submitted
on July 23, 2013
Citation
Use the citation below to add to a bibliography:
Style:MLAChicagoAPA
"Andrew Kalotay." Biographies.net. STANDS4 LLC, 2024. Web. 28 Mar. 2024. <https://www.biographies.net/people/en/andrew_kalotay>.
Discuss this Andrew Kalotay biography with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In