Financial Risk Management : A Practitioner's Guide to Managing Market and Credit Risk, 2 edition.pdf

Financial Risk Management
A Practitioner's Guide to Managing Market and Credit Risk, 2 edition



2013 | ISBN: 111817545X | 579 pages | PDF | 17,5 MB


A top risk management practitioner addresses the essential aspects of modern financial risk management

In the Second Edition of Financial Risk Management + Website, market risk expert Steve Allen offers an insider's view of this discipline and covers the strategies, principles, and measurement techniques necessary to manage and measure financial risk. Fully revised to reflect today's dynamic environment and the lessons to be learned from the 2008 global financial crisis, this reliable resource provides a comprehensive overview of the entire field of risk management.

Allen explores real-world issues such as proper mark-to-market valuation of trading positions and determination of needed reserves against valuation uncertainty, the structuring of limits to control risk taking, and a review of mathematical models and how they can contribute to risk control. Along the way, he shares valuable lessons that will help to develop an intuitive feel for market risk measurement and reporting.

- Presents key insights on how risks can be isolated, quantified, and managed from a top risk management practitioner
- Offers up-to-date examples of managing market and credit risk
- Provides an overview and comparison of the various derivative instruments and their use in risk hedging
- Companion Website contains supplementary materials that allow you to continue to learn in a hands-on fashion long after closing the book
Focusing on the management of those risks that can be successfully quantified, the Second Edition of Financial Risk Management + Websiteis the definitive source for managing market and credit risk.