Morten Risstad

About

I hold a PhD from the Department of Industrial Economics and Technology Management at NTNU and a MSc in Finance from Nord University. I am also a Certified European Financial Analyst (CEFA) from NHH. I have previously held positions in consulting firms, multi-national industrial corporations and financial institutions; mainly related to financial reporting, corporate finance, trading and risk management. My research interests lie in the fields of empirical finance, asset pricing, derivatives and risk management.

I am on the research team of Norwegian Open AI Lab.

Publications

2025

Duarte Pimentel, Rita; Risstad, Morten; Rogde, Sondre; Rygg, Erlend Stegavik; Vinje, Jacob; Westgaard, Sjur. (2025) Option pricing with deep learning: a long short-term memory approach. Decisions in Economics and Finance (DAF)
Academic article
Vinje, Jacob; Rygg, Erlend Stegavik; Wu, Cassandra; Risstad, Morten; Duarte Pimentel, Rita; Westgaard, Sjur. (2025) Merged LSTM-MLP for option valuation. Quantitative finance (Print)
Academic article

2024

Gunnarsson, Elias Søvik; Isern, Håkon Ramon; Kaloudis, Aristidis; Risstad, Morten; Vigdel, Benjamin; Westgaard, Sjur. (2024) Prediction of realized volatility and implied volatility indices using AI and machine learning: A review. International Review of Financial Analysis
Academic literature review
Olsen, Asbjørn; Djupskås, Gard; de Lange, Petter Eilif; Risstad, Morten. (2024) Forecasting implied volatilities of currency options with machine learning techniques and econometrics models. International Journal of Data Science and Analytics (JDSA)
Academic article
Abrahamsen, Nils-Gunnar Birkeland; Nylén-Forthun, Emil; Møller, Mats; de Lange, Petter Eilif; Risstad, Morten. (2024) Financial Distress Prediction in the Nordics: Early Warnings from Machine Learning Models. Journal of Risk and Financial Management
Academic article
Risstad, Morten; Holand, Mathias. (2024) On the relevance of realized quarticity for exchange rate volatility forecasts. Data Science in Finance and Economics (DSFE)
Academic article

2023

de Lange, Petter Eilif; Risstad, Morten; Semmen, Kristian; Westgaard, Sjur. (2023) Term Premia in Norwegian Interest Rate Swaps. Journal of Risk and Financial Management
Academic article
Blom, Herman Mørkved; de Lange, Petter Eilif; Risstad, Morten. (2023) Estimating Value-at-Risk in the EURUSD Currency Cross from Implied Volatilities Using Machine Learning Methods and Quantile Regression. Journal of Risk and Financial Management
Academic article
Risstad, Morten; Thodesen, Airin; Thune, Kristian August; Westgaard, Sjur. (2023) On the Exchange Rate Dynamics of the Norwegian Krone. Journal of Risk and Financial Management
Academic article

2022

De Lange, Petter Eilif; Risstad, Morten; Westgaard, Sjur. (2022) Term Premia in Norwegian Government Bond Yields. Beta
Academic article
Pimentel, Rita; Risstad, Morten; Westgaard, Sjur. (2022) Predicting interest rate distributions using PCA & quantile regression. Digital Finance
Academic article
De Lange, Petter Eilif; Risstad, Morten; Westgaard, Sjur. (2022) Estimating value-at-risk using quantile regression and implied volatilities. Journal of Risk Model Validation
Academic article

Journal publications

Duarte Pimentel, Rita; Risstad, Morten; Rogde, Sondre; Rygg, Erlend Stegavik; Vinje, Jacob; Westgaard, Sjur. (2025) Option pricing with deep learning: a long short-term memory approach. Decisions in Economics and Finance (DAF)
Academic article
Vinje, Jacob; Rygg, Erlend Stegavik; Wu, Cassandra; Risstad, Morten; Duarte Pimentel, Rita; Westgaard, Sjur. (2025) Merged LSTM-MLP for option valuation. Quantitative finance (Print)
Academic article
Gunnarsson, Elias Søvik; Isern, Håkon Ramon; Kaloudis, Aristidis; Risstad, Morten; Vigdel, Benjamin; Westgaard, Sjur. (2024) Prediction of realized volatility and implied volatility indices using AI and machine learning: A review. International Review of Financial Analysis
Academic literature review
Olsen, Asbjørn; Djupskås, Gard; de Lange, Petter Eilif; Risstad, Morten. (2024) Forecasting implied volatilities of currency options with machine learning techniques and econometrics models. International Journal of Data Science and Analytics (JDSA)
Academic article
Abrahamsen, Nils-Gunnar Birkeland; Nylén-Forthun, Emil; Møller, Mats; de Lange, Petter Eilif; Risstad, Morten. (2024) Financial Distress Prediction in the Nordics: Early Warnings from Machine Learning Models. Journal of Risk and Financial Management
Academic article
Risstad, Morten; Holand, Mathias. (2024) On the relevance of realized quarticity for exchange rate volatility forecasts. Data Science in Finance and Economics (DSFE)
Academic article
de Lange, Petter Eilif; Risstad, Morten; Semmen, Kristian; Westgaard, Sjur. (2023) Term Premia in Norwegian Interest Rate Swaps. Journal of Risk and Financial Management
Academic article
Blom, Herman Mørkved; de Lange, Petter Eilif; Risstad, Morten. (2023) Estimating Value-at-Risk in the EURUSD Currency Cross from Implied Volatilities Using Machine Learning Methods and Quantile Regression. Journal of Risk and Financial Management
Academic article
Risstad, Morten; Thodesen, Airin; Thune, Kristian August; Westgaard, Sjur. (2023) On the Exchange Rate Dynamics of the Norwegian Krone. Journal of Risk and Financial Management
Academic article
De Lange, Petter Eilif; Risstad, Morten; Westgaard, Sjur. (2022) Term Premia in Norwegian Government Bond Yields. Beta
Academic article
Pimentel, Rita; Risstad, Morten; Westgaard, Sjur. (2022) Predicting interest rate distributions using PCA & quantile regression. Digital Finance
Academic article
De Lange, Petter Eilif; Risstad, Morten; Westgaard, Sjur. (2022) Estimating value-at-risk using quantile regression and implied volatilities. Journal of Risk Model Validation
Academic article

Språkvelger