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Apr 30 2014

NYIT Celebrates Simulated Trading Floor and Business Partnership with Voya Financial

New York, N.Y.  (April 30, 2014) – New York Institute of Technology dedicated its simulated trading floor yesterday, ringing the opening bell and joining Voya Financial leaders in a ribboncutting ceremony to celebrate the room’s state-of-the-art technology and role in creating career-ready business professionals.
 
NYIT President Edward Guiliano, Ph.D., thanked Voya Financial Chairman and CEO Rodney O. Martin Jr. and Voya Financial Executive Vice President and Chief Human Resources Officer Kevin D. Silva, an NYIT trustee, for the firm’s support of the space. 
 
“It’s a good occasion to highlight the partnership of higher education and the corporate world,” Guiliano said to students, faculty, administrators, Board Chair Linda Davila (B.S. ’78) and Voya Financial guests who stood amid banks of collaborative work stations containing monitors loaded with industry software.
 
The room also contains five large wall-mounted high-resolution monitors, a Smart Board, ticker tapes and an electronic stock board that displays market information, financial data, and streaming broadcasts of financial internet and cable offerings.
 
The Student Managed Portfolio program is among numerous initiatives the simulated trading floor supports. The program allows students to research and invest in global firms as they hone their risk management and financial analytical skills. The trading floor will also serve as the setting for financial boot camps, certification programs for industry professionals, and networking events. Along with NYIT’s Small Business Incubator, which hosts student and alumni entrepreneurs, the simulated trading floor plays a key role in the university’s professional enrichment and experiential learning opportunities.
 
 “It’s inspiring to see a teaching environment like this,” said Martin, noting the importance of providing students with an opportunity to manage a portfolio and gain real-world trading experience in an interactive, dynamic environment.
 
The event also celebrated Voya Financial's recent name change from ING U.S., a rebranding that seeks to build on the firm’s reputation as a leader in retirement, investments, and insurance. 
 
About NYIT
New York Institute of Technology (NYIT) offers 90 degree programs, including undergraduate, graduate, and professional degrees, in more than 50 fields of study, including architecture and design; arts and sciences; education; engineering and computing sciences; health professions; management; and osteopathic medicine. A non-profit independent, private institution of higher education, NYIT has 13,000 students attending campuses on Long Island and Manhattan, online, and at its global campuses. NYIT sponsors 11 NCAA Division II programs and one Division I team.
 
Led by President Edward Guiliano, NYIT is guided by its mission to provide career-oriented professional education, offer access to opportunity to all qualified students, and support applications-oriented research that benefits the larger world. To date, more than 95,000 graduates have received degrees from NYIT. For more information, visit nyit.edu.
 
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