For a profession as young as financial modelling, the prospects at the turn of the millennium are exciting. We are in a new and rapidly developing area of research. The vast majority of the theoretical insights that we try to model date from the last few decades. Many of the algorithms and electronic aids we use are of similar or even more recent date. Most of the problems we try to solve with our modelling arose with the advent of the complex and interrelated societies that we live in today. In many ways we have only just begun.