AIMS The aim of the conference is to attract leading researchers, both practitioners and academics, to discuss new and relevant numerical methods for the solution of practical computational problems in finance. Discussion of new products and new models requiring new numerical methods for their solution is also welcome. The conference will be focused on topics of current interest, and the programme will be organised around the talks given by distinguished invited speakers. Individual contributions may be submitted to either an oral or a poster session. Participants are encouraged to propose minisymposia consisting of a number of papers on a given topic. Offers to organise panel discussions are also welcome. It is intended that the conference achieves an even balance between practitioners and academics. Formal refereed proceedings will be published after the conference. SCOPE The main focus of the conference will be on the computational challenges facing the modern developments in quantitative finance. One such challenge is the high dimensionality of many problems arising in mathematical finance. For example, numerical models of portfolios containing many financial instruments lead to enormously (and sometimes prohibitively) expensive computational tasks. Further challenges include the control of the propagation of numerical errors arising from discontinuities in the boundary or initial conditions of the differential equations describing the mathematical model and also the calibration of multi-factor models, which requires in-depth analysis to obtain methodologies suitable for production. Furthermore, the choice between stochastic and deterministic numerical methods is often an important decision, for which reliable guidelines and criteria need to be further developed. New numerical techniques are required in many areas of finance. These include, for example, credit risk, market risk, operational risk, risk management, exotic/hybrid options, portfolio selection, insurance/pensions and interest rate modelling WHO SHOULD ATTEND? Academics and practitioners wishing to discuss their latest research results on numerical methods for solving practical problems in finance. Practitioners interested in learning about the latest numerical techniques for solving their problems.                            AUSPICES The conference is held under the auspices of the Institute for Numerical Computation and Analysis – INCA, a non-profit company limited by guarantee. See the website www.incaireland.org for more details.