Quantitative Risk Management / Wiley Finance Editions (ePub)

State of the art risk management techniques and
practices--supplemented with interactive analytics

All 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-edge tools 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 the responsibility of
anyone who contributes to the profit of the firm.

A guide to risk 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 reporting

* Includes interactive graphs and computer code for portfolio
risk and analytics

* Explains why tactical and strategic decisions must be made at
every level of the firm and portfolio

Providing 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.