How can managers increase their ability to calculate price and
risk data for financial instruments while decreasing their
dependence on a myriad of specific instrument variants? Wolfgang
Schwerdt and Marcelle von Wendland created a simple and consistent
way to handle and process large amounts of complex financial data.
By means of a practical framework, their approach analyzes market
and credit risk exposure of financial instruments and portfolios
and calculates risk adjusted performance measures. Its emphasis on
standardization yields significant improvements in speed and
accuracy.
Schwerdt and von Wendland's focus on practical implementation
directly addresses limitations imposed by the complex and costly
processing time required for advanced risk management models and
pricing hundreds of thousands of securities each day. Their many
examples and programming codes demonstrate how to use standards to
build financial instruments, how to price them, and how to measure
the risk and performance of the portfolios that include them.
Feature: The authors have designed and implemented a standard for
the description of financial instruments
Benefit: The reader can rely on accurate and valid information
about describing financial instruments
Feature: The authors have developed an approach for pricing and
analyzing any financial instrument using a limited set of atomic
instruments
Benefit: The reader can use these instruments to define and set up
even very large numbers of financial instruments.
Feature: The book builds a practical framework for analysing the
market and credit risk exposure of financial instruments and
portfolios
Benefit: Readers can use this framework today in their work and
identify and measure market and credit risk using a reliable
method.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!