FIMA Research Lab

Finance ∙ Intelligence ∙ Math ∙ Analytics
A global academic research initiative led by Prof. Huei-Wen Teng

Innovate with Us

FIMA Research Lab is an independent research initiative founded in October 2010 by Prof. Huei-Wen Teng, a full professor at National Yang Ming Chiao Tung University, Taiwan. We work at the intersection of FinTech, financial engineering, statistical modeling, and digital asset regulation, turning data into practical, evidence-based ideas.

We’re a hub for international collaboration, academic publishing, and mentoring in AI-powered finance, and we bring hands-on consulting experience to real-world problems. We’d love to team up with industry leaders, startups, and organizations to build solutions grounded in math, statistics, and finance. If that sounds like you, get in touch—let’s collaborate!

The research of our lab spans several key areas, with Lab Members actively collaborating on ongoing projects across these domains.

1. FinTech with machine learning and AI: Our lab explores machine learning and AI with applications in profitable-trading strategies and FinTech
2. Financial engineering with statistical models: We specialize in financial market wealth and risk management, and pricing and hedging financial derivatives.

Recent invited talks and event

• Cross-Attentive Multimodal RNNs for Forecasting Bitcoin Realized Volatility [slides]
  • Mar 19, 2026 National Tsing Hua University, Department of Quantitative Finance
  • Apr 24, 2026 National Chengchi University, College of Commerce (joint seminar of the Finance, International Business, and Money & Banking departments)
  • May 29, 2026 National Taiwan University, Data Science Degree Program
• Financial analytics of inverse BTC options in a stochastic volatility world [slides]
  • Jun 6, 2026 2026 AIDA Conference, Bucharest University of Economics Studies, Romania
• Trading BTC with robust pricing kernels [slides]
  • Jun 12, 2026 Quantitative Finance Conference 2026, 10–12 June 2026, Singapore Center for Quantitative Finance, National University of Singapore
  • Jun 26, 2026 35th South Taiwan Statistics Conference, June 25 - 26, 2026, Department of Statistics and Data Science, National Cheng Kung University, Tainan City
  • Nov 30, 2026 Digital Finance for Supervision, MSCA DIGITAL Network Workshop at the European Central Bank, Nov 30, 2026, European Central Bank, Frankfurt am Main, Germany
    
• 🍀 Jun 23, 2026 FIMA-IDA workshop
  

Interested in joining? Let’s make an impact together!

1. Enrolling in my Machine Learning & FinTech course is a great way to build relevant skills for our research — it’s highly recommended.
2. If you are from a different department, we encourage you to review the suggested course plan to help build a solid foundation in finance.

Ongoing Research Projects

Project Status: 🧩 In preparation 📄 Working paper 🚀 Submitted 🔧 Revision in progress

Explainable AI & FinTech

• 📄 Integrating Explainable AI with Polynomial Analytics to Enhance Credit Scoring Model Compliance (with Paul, Yenchang, Ming-Hsuan)
  
• 🧩 Comprehensive Financial Statement Data and Feature Selection in U.S. Corporate Bankruptcy Prediction (with Mabel)
  
• 🧩 A SHAP-Weighted RFM Framework for Balancing Accuracy and Interpret-ability in Credit Card Fraud Detection (with Chrissy)
  
• 🧩 An Empirical Study of RFM and Domain-Driven Feature Engineering for Credit Card Fraud Detection (with Andy, Alvin, Chrissy)
  

Trading & Portfolio Management

• 🔧 Why Feature Selection Still Matters in Bitcoin Return Forecasting (with Yen-Ting and YC )
  
• 🔧 Cardinality-Constrained Portfolio Optimization for Cryptocurrency-Index-Tracking Exchange-Traded Funds Using a Black-Litterman Model with Machine Learning (with Chuen-Chun, Wei-Cheng, and Yen-Ming)
  
• 🚀 Which risk do crypto index investments have? (with Meng-Jou and Matúš)
• 🧩 Forecasting Realized Volatility with Multi-Agent Architectures (with Elvis)
  
• 🧩 A Hybrid Deep Learning–Association Rule Model for Forecasting S&P 500 Sector Returns (with Ben)
  

Financial Market Risk Management

• 🚀 Financial Risk Meters in Taiwan’s High-Cap Sectors (with Siang-Li and Wolfgang)
  
• 📄 Mapping Risk Contagion through Graphical Models and Early Warning Signals in Taiwan’s Stock Market (with Jason, Frank, Alex, Kuang-Yao)
  

Financial Derivatives Pricing

• 🔧 Financial analytics of inverse BTC options in a stochastic volatility world (with Wolfgang)
  
• 📄 Enhancing Financial Resilience in Taiwan’s Green Energy Sector: ESG-Focused Contract Redesign and Risk Mitigation (wit Howard and Elvis)
  
• 🧩 Bitcoin Option Greeks in the Stochastic Volatility World (with Allen and Tom)