Cormac Lucas

Dr. Cormac Lucas is a Senior Lecturer in the Department of Mathematics at Brunel University London, affiliated with the College of Engineering, Design and Physical Sciences. His work bridges mathematical optimization with practical applications in finance and operations management.

Lucas specializes in

• Mathematical Optimisation
• Stochastic Optimisation
• Asset and Liability Management (ALM)
• Risk Analytics
• Portfolio Optimization
• Supply Chain Planning Under Uncertainty

His research combines theoretical advancements with industrial projects, such as US Coast Guard Cutter Scheduling, Insight Investment's ALM, and Unilever's Natural Oil Buying Policy.

Recent publications (2013–2024) highlight his focus on

• Portfolio Rebalancing with Transaction Costs
• Scenario Generation for Stochastic Programming
• Heuristic Algorithms for Cardinality Constraints
• Queuing Systems with Standby Servers
• Robust Supply Chain Planning
• Financial Derivative Modeling

These works utilize methods like Variable Neighbourhood Search, Differential Evolution, and Lagrangian Relaxation.

Email: cormac.lucas@brunel.ac.uk