Richard B. Sowers

Richard B. Sowers is a Professor at the University of Illinois at Urbana-Champaign, holding joint appointments in the Department of Industrial and Enterprise Systems Engineering, Mathematics, and Statistics (courtesy). He has held faculty positions since 1996, starting as an Assistant Professor in Mathematics and advancing to Professor across multiple departments. His research spans stochastic processes, financial engineering, and data analytics. He also serves as a Research Principal at the Office of Financial Research since 2012.

Education: B.S. in Electrical Engineering (Drexel University, 1986), M.S. and Ph.D. in Applied Mathematics (University of Maryland, 1988 and 1991).

Research Interests: Financial networks, stochastic systems, and applications in decision-making and control. His work bridges theoretical probability with practical domains like finance and healthcare. Recent articles focus on machine learning applications in gait analysis for neurological disorders and stochastic modeling in financial systems.

Professional Contributions: Taught courses in stochastic calculus, deep learning, and financial mathematics. His research often involves interdisciplinary collaboration, including projects on credit risk, algorithmic trading, and wearable technology for health monitoring.

Labs/Teams: Active in the Institute for Predictive and Computational Science, focusing on data-driven solutions for complex systems.