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Wiley Model Risk Management Guide for Quants and Traders

Amazon

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Description

Bridge the gap between mathematical theory and practical risk management with this essential guide from the Wiley Finance Series. While most finance literature focuses on pure mathematics or regulatory compliance, this book addresses the specific risks inherent in the models themselves. It provides a practical framework for the validation and risk management of quantitative models used for pricing and hedging. By translating regulatory requirements into actionable suggestions, this guide helps reduce the likelihood of model losses. It bases its approach on market experience and real-world examples, offering a high level of detail and precise operative instructions. This resource is designed to help quants, traders, and validators navigate the complexities of model risk through practical, experience-driven insights.

Key Features

This Wiley Finance Series book provides a practical guide for the validation and risk management of quantitative models used in pricing and hedging.

The text addresses the specific risks of models themselves, filling a gap left by traditional mathematics and regulatory-focused finance literature.

Readers can learn to translate regulatory issues into practical suggestions designed to reduce the likelihood of model losses.

The content is grounded in market experience and utilizes a wide range of real-world examples to ensure practical application.

This guide offers a high level of detail and precise operative instructions for quants, traders, and validators.

Product Specifications

Brand
Wiley
Format
hardcover
Domain
Amazon UK
Release Date
11 October 2011
Listed Since
23 July 2010

Barcode

No barcode data available

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