| Description |
1 online resource (xviii, 558 pages) : illustrations |
| Contents |
Risk management versus risk measurment -- Risk, uncertainty, probability, and luck -- Managing risk -- Financial risk events -- Practical risk techniques -- Use and limitations of quantitative techniques -- Introduction to Quantitative risk management -- Risk and summary measures: volatility and VaR -- Using volatility and VaR -- Portfolio risk analytics and reporting -- Credit risk -- Liquidity and operational risk |
| Summary |
"State of the art risk management techniques and practices--supplemented with interactive analytics. All too often risk management books focus on risk measurement details without taking a broader view. Quantitative Risk Management delivers a synthesis of common sense management together with the cutting-edge tools of modern theory. This book presents a road map for tactical and strategic decision making designed to control risk and capitalize on opportunities. Most provocatively it challenges the conventional wisdom that "risk management" is or ever should be delegated to a separate department. Good managers have always known that managing risk is central to a financial firm and must be the responsibility of anyone who contributes to the profit of the firm. A guide to risk management for financial firms and managers in the post-crisis world, Quantitative Risk Management updates the techniques and tools used to measure and monitor risk. These are often mathematical and specialized, but the ideas are simple. The book starts with how we think about risk and uncertainty, then turns to a practical explanation of how risk is measured in today's complex financial markets. Covers everything from risk measures, probability, and regulatory issues to portfolio risk analytics and reporting Includes interactive graphs and computer code for portfolio risk and analytics. Explains why tactical and strategic decisions must be made at every level of the firm and portfolio. Providing the models, tools, and techniques firms need to build the best risk management practices, Quantitative Risk Management is an essential volume from an experienced manager and quantitative analyst"-- Provided by publisher |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Print version record |
| Subject |
Financial services industry -- Risk management
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Financial risk management.
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Capital market.
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BUSINESS & ECONOMICS -- Finance.
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BUSINESS & ECONOMICS -- Banks & Banking.
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Capital market
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Financial risk management
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| Form |
Electronic book
|
| ISBN |
9781118222102 |
|
1118222105 |
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9781118026588 |
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1118026586 |
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9781118235935 |
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1118235932 |
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