Advanced Financial Risk Management: Tools and Techniques for Integrated Credit Risk and Interest Rate Risk Management
| Author | : | |
| Rating | : | 4.98 (864 Votes) |
| Asin | : | B00BD6AP4Q |
| Format Type | : | |
| Number of Pages | : | 142 Pages |
| Publish Date | : | 2015-11-05 |
| Language | : | English |
DESCRIPTION:
From 1982 to 1987, he was the treasurer for First Interstate Bancorp in Los Angeles. Prior to founding Kamakura Corporation, he was senior vice president of the investment banking department of Lehman Brothers. Mesler has twenty-seven years' experience in the financial services information and systems field and is a veteran of State Street Bank, KPM
While the limitations of pre-digital technologies may once have made it seem natural to treat credit risk, market risk, asset and liability management, and performance measurement as separate disciplines, developments in financial theory and computer science not only make it possible for those risks to be analyzed on a fully integrated basis, they mandate it.Written by a team of internationally recognized experts in the field, Advanced Financial Risk Management, Second Edition schools you in proven tools and techniques for fulfilling that mandate.The authors lay out a comprehensive strategy for integrating risk management measures, objectives, and h
A high-level tour de force If you haven't read Advanced Financial Risk Management (2nd edition), your career in finance is at risk. This book teaches risk management at the highest levels. Although the preliminary chapters make brief detours through the basics of fixed-income pricing, the heart of this book focuses on developing a toolkit for measuring the market's consensus about future interest rates, quantifying the risk of numerous advanced instruments through bushy-tree and other models, and managing the risk of a credit portfolio. The autho
Written by experienced risk managers, the book covers everything from the basics of present value, forward rates, and interest rate compounding to the wide variety of alternative term structure models.Revised and updated with lessons from the 2007-2010 financial crisis, Advanced Financial Risk Management outlines a framework for fully integrated risk management. European fixed income options; default probability models; prepayment models; mortality models; and alternatives to the Vasicek model Comprehensive and in-depth, Advanced Financial Risk Management is an essential resource for anyone working in the financial field.. The book presents a pe