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.
