Francis Parisi

Faculty Bio

Dr. Parisi is a clinical professor of computer science and the data science program chair. His expertise includes statistical learning, computational statistics, probability theory, time series analysis, and extreme value methods, with applications in finance and climatology. He joined Pace University after a long career in credit and risk management.

PhD, Southern California University for Professional Studies, Santa Ana, CA, 2003
Management of Engineering & Technology

MS, Colorado State University, Ft. Collins, CO, 1998
Statistics

BA, Brooklyn College, City University of New York, Brooklyn, NY, 1977
Philosophy

Research Interest

Extreme value theory, Markov decision processes, time series analysis, statistical climatology, credit default modeling, financial risk modeling

Past Courses

CS 113: Mathematical Structures for CS
CS 377: Mthmtcl Fndtns of Mchne Lrnng
CS 395: Data Science with Python & R
CS 395: Intro to Data Science with R
CS 398: Intro to Data Science with R
CS 601: Computational Statistics
CS 660: Mathematical Fndtn of Analytic
CS 661: Python Programming
CS 668: Analytics Capstone Project
CS 802: Research Seminar

Publications

Modeling the Potential Impact of Government Regulation on Cryptocurrency Prices
LoPiccolo, K. & Parisi, F. (2023). Economic Analysis Letters. Vol 2 (Issue 3) , pages 10-17. https://anser.press/index.php/eal/article/view/388
DOWNLOAD

Shifting Drivers for US House Prices
Parisi, F. (2022). The Journal of Structured Finance. Vol 28 (Issue 1) , pages 48-57. https://www.pm-research.com/content/iijstrfin/28/1/48

But This Time IS Different—COVID Recession
Parisi, F. (2020). The Journal of Structured Finance. Vol 26 (Issue 3) , pages 63-69. https://www.pm-research.com/content/iijstrfin/28/1/48

Extreme Market Value Declines: How Well Do Rating Agency Assumptions Hold?
Ceman, E. & Parisi, F. (2018). The Journal of Structured Finance. Vol 24 (Issue 3) , pages 79-88. https://www.pm-research.com/content/iijstrfin/24/3/79

A statistical study of extreme Nor'easter snowstorms
Karvetski, C., Lund, R. & Parisi, F. (2009). Involve. Vol 2 (Issue 3) , pages 341-350. https://msp.org/involve/2009/2-3/involve-v2-n3-p07-s.pdf

Return periods of Continental U.S. hurricanes
Parisi, F. & Lund, R. (2008). Journal of Climate. Vol 21 , pages 403-410. https://journals.ametsoc.org/view/journals/clim/21/2/2007jcli1772.1.xml?rskey=6XoitD&result=1
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Residential Mortgage-Backed Securities
Khadem, V. & Parisi, F. (2007). Arnaud de Servigny and Nobert Jobst (Eds.), New York, NY , US:McGraw-Hill. , pages 543-592.

Choosing The Right Quantitative Model For The Job
Parisi, F. (2006). S&P Ratings Direct.

Fitting Time Into Models Of Default Recovery Rates
Parisi, F. (2006). S&P RatingsDirect.

The Differing Role Of Quantitative Analytics In Credit And Equity Ratings
Parisi, F. (2006). S&P RatingsDirect.

Extreme Value Modeling with S-PLUS and S+FinMetrics in Standard & Poor's Ratings
Parisi, F. (2004).

Mortgage credit and the evolution of risk-based pricing
Raiter, F. & Parisi, F. (2004). (Issue BABC 04-23) https://www.jchs.harvard.edu/research-areas/working-papers/mortgage-credit-and-evolution-risk-based-pricing

Risk-based pricing in the non-conforming market
Raiter, F. & Parisi, F. (2004). Mortgage Banking. Vol 64 (Issue 7) , pages 56-63.

Loss Correlations Among U.S. Consumer Assets
Parisi, F. (2004).

U.S. Consumer Debt: Volume Heads North as Economy Heads South
Parisi, F. (2001). S&P RatingsDirect.

Seasonality and return periods of landfalling Atlantic basin hurricanes
Parisi, F. & Lund, R. (2000). Australian & New Zealand Journal of Statistics. Vol 42 , pages 271-282.

Extreme Value Theory and Standard & Poor's Ratings
Parisi, F. (2000). S&P RatingsDirect.

Intellectual Property

Professional Memberships

• Data Science Association
• The Academic Data Science Alliance
• Mathematical Association of America
• American Statistical Association

Department Service

• Computer Science Curriculum Committee [Committee Member]

University Service

• Admissions and Retention [Committee Member]
• NYC Faculty Council Curriculum Committee [Committee Member]
• NYC Faculty Council Curriculum Committee (Co-Chair) [Chairperson]
• NYC Faculty Council Curriculum Committee [Committee Member]

Professional Service

Financial Statistical Journal [Section Editor: Mathematics and Statistics for Financial Risk Management]
The Journal of Structured Finance [Editorial Review Board Member]