Wiley Perturbation Methods in Credit Derivatives Book

Master efficient risk management with Perturbation Methods in Credit Derivatives by Dr. Colin Turfus. This Wiley Finance volume provides an incisive examination of a new approach to pricing credit-contingent financial instruments. Designed for financial engineers and model validators, the perturbation approach allows for rapid benchmarking of risk and pricing models. By utilizing this method, professionals can stress-test financial models and price credit instruments with increased confidence and efficiency. This expert text helps users make the most efficient use of computing resources while maintaining rigorous standards in financial engineering and model validation.