Projects per year
Organisation profile
Organisation profile
ARAFA Lab (Advanced Risk, Actuarial, and Financial Analytics Lab) is a research laboratory that focuses on developing and applying advanced analytical methods for the fields of risk, actuarial, and finance. This lab integrates quantitative approaches, data science, machine learning, deep learning, and optimization techniques to support strategic decision-making in risk management, insurance, and financial services.
ARAFA Lab's research includes risk modeling using machine learning and deep learning, actuarial simulations based on historical data, financial portfolio optimization, and exploring data-driven solutions to market uncertainty and volatility problems. We also explore optimization algorithms, including stochastic and heuristic optimization, to improve analytical results and model efficiency.
ARAFA Lab is dedicated to producing high-quality research, technology-based solutions, and strategic collaborations between academia, regulators, and industry. With the spirit of innovation and collaboration, ARAFA Lab aims to become a center of excellence in risk, actuarial, and financial analytics at the national and global levels.
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Collaborations and top research areas from the last five years
Profiles
Projects
- 3 Active
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Effectiveness of New Conjugate Gradient Methods in Carbon Emission Reduction Optimization
Malik, M. (PI)
22/05/25 → 30/11/27
Project: Research
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Penentuan Premi Asuransi Siber Berdasarkan Risiko Siber yang Saling Bergantung
Sari, S. F. (PI)
22/05/25 → 30/11/27
Project: Research
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Prediksi Hasil Panen Kopi Menggunakan Hybrid XGBoost-SVR dengan Bayesian Optimization
Novkaniza, F. (PI)
22/05/25 → 30/11/27
Project: Research
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Advancing Risk Management with GAS-1F: Value at Risk and Expected Shortfall Estimation
Novkaniza, F., Wibowo, I. P. & Kafi, R. A., Jan 2025, In: International Journal on Advanced Science, Engineering and Information Technology. 15, 3, p. 887-893 7 p.Research output: Contribution to journal › Article › peer-review
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An efficient gradient-based algorithm with descent direction for unconstrained optimization with applications to image restoration and robotic motion control
Ibrahim, S. M., Awwal, A. M., Malik, M., Khalid, R., Benjamin, A. M., Nawawi, M. K. M. & Madi, E. N., 2025, In: PeerJ Computer Science. 11, e2783.Research output: Contribution to journal › Article › peer-review
Open Access -
GENERALIZED ADDITIVE MODEL FOR VEHICLE INSURANCE PREMIUM CALCULATION BASED ON MILEAGE AND CONTRACT DURATION
Novkaniza, F., Wijaya, A. & Devila, S., 1 Jan 2025, In: Pakistan Journal of Statistics. 41, 1, p. 17-34 18 p.Research output: Contribution to journal › Article › peer-review