Book Description
Frontiers of Risk Management was developed as a text to look at how risk management would develop in the light of Basel II. With an objective of being 10 years ahead of its time, the contributors have actually had even greater foresight. What is clear is that risk management still faces the same challenges as it did ten years ago. With a series of experts considering financial services risk management in each of its key areas, this book enables the reader to appreciate a practitioners view of the challenges that are faced in practice identifying where appropriate suitable opportunities.Table of Contents
- Foreword
- Introduction
- Part I Total Risk Management
- Chapter 1 The Cultural Frontiers of Total Risk ManagementDennis Cox
- Chapter 2 Strategic Risk: Bringing the Discussion into the BoardroomCraig Cohon
- Chapter 3 Risk Management and Corporate FinanceFrank Moxon
- Chapter 4 The Risk Management of Asset ManagementDennis Cox
- Part II Market Risk
- Chapter 5 Asset Liability Management in Major BanksAsif Ahmed
- Chapter 6Treasury and Asset/Liability ManagementThomas Day
- Chapter 7 The Risks Within the Hedge Fund IndustryDiccon Smeeton
- Chapter 8 Derivatives Risk—OTC and ETD Errol Danziger
- Chapter 9 The Simple Art of Monte CarloAaron Brown
- Chapter 10 Correlation Causes Questions: Environmental Consistency Confidence in Wholesale Financial InstitutionsMichael Mainelli
- Part III Credit Risk
- Chapter 11 Regulation and Credit Risk Rod Hardcastle
- Chapter 12 Citigroup’s Basel-Ready Tool: The Consolidated Credit Risk Model Jennifer Courant, Bryce Ferguson, and Ákos Felső vályi Jennifer Courant, Bryce Ferguson, and Ákos Felső vályi
- Chapter 13 Overcoming the Challenges in the Credit Derivatives MarketPontus Eriksson
- Authors Biography
- Index