Sheri Markose was appointed by the Department of Monetary and Capital Markets of the
International Monetary Fund to lead research on a project on modelling systemic risk from financial
derivatives. She visited the IMF, 6-9 December 2011 to present her results. She has characterized
the phenomenon of too interconnected to fail (TITF) as one in which the failure of a highly
connected large complex financial intermediary (FI) can bring down the top tier of 22 clustered
similarly  connected FIs. She has designed a super-spreader tax based on the eigenvector centrality
of  the LCFIs so that they internalize the cost of their systemic risk to the rest of the system. The
highly  tiered structure of the derivatives market enables her to construct a lite superspreader tax
escrow  fund of only $40 bn which can prevent the failure of the highly unstable $650 trillion global derivatives market.
Sheri Markose Presentation of IMF Project Results on Systemic Risk From Financial
Derivatives: A Network Analysis and Mitigation of Contagion Effects With Super-Spreader Tax   Slides

        The software for systemic risk and network analysis was developed by Sheri Markose with Simone Giansante and Ali Rais Shaghaghi.

   Sheri Markose appointed to advise the Financial Stability Division of the Reserve Bank of India.