Quantitative risk management: a practical guide to financial risk

State of the art risk management techniques and practices—supplemented with interactive analyticsAll 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-edgetools 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 theresponsibility of anyone who contributes to the profit of the firm.A guide torisk 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 reportingIncludes interactive graphsand computer code for portfolio risk and analyticsExplains why tactical and strategic decisions must be made at every level of the firm and portfolioProviding 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. INDICE: ForewordPrefaceAcknowledgmentsPart I: Thinking About RiskChapter 1: Risk Management vs. Risk MeasurementChapter 2: Risk, Uncertainty, Probability, and LuckChapter 3: Managing RiskChapter 4: Financial Risk EventsChapter 5: Practical Risk TechniquesChapter 6: Uses and Limitations of Quantitative TechniquesPart II: Calculating RiskChapter 7: Introduction to Quantitative Risk MeasurementChapter 8: Risk and Summary Measures: Volatility and VaRChapter 9: Using Volatility and VaRChapter 10: Portfolio Risk Analytics and ReportingChapter 11: Credit RiskChapter 12: TBDChapter 13: ConclusionAbout the WebsiteBibliographyAbout the AuthorIndex

• ISBN: 978-1-118-02658-8
• Editorial: John Wiley & Sons
• Encuadernacion: Cartoné
• Páginas: 576
• Fecha Publicación: 28/03/2012
• Nº Volúmenes: 1
• Idioma: Inglés