Managing Extreme Financial Risk

Managing Extreme Financial Risk addresses the need for better management strategies in light of increased market risk and volatility in financial institutions' revenue models. Top officials from the financial and regulatory industries point to real corporate issues, showing how institutions react to financial crises. From first-hand experiences, they explain how effective sustainability management does not just prevent being blindsided; it also leads to proactive solutions that enhance an institution's strength to weather a sudden financial crisis, add significant shareholder value, and reduce systemic risk. Readable, coherent, and logical, Managing Extreme Financial Risk shows how extreme risk needs to be handled when the cost of being wrong means the difference between life and death of the institution. Based on the firsthand experiences and perspectives of senior-level executives Concentrates on extreme risk, when the cost of being wrong is not the loss of profits, but the death of the institution Written to be easily understood without algorithms, models, and quants

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  • Author : Karamjeet Paul
  • Publisher : Elsevier
  • Pages : 172 pages
  • ISBN : 0124172229
  • Rating : 4/5 from 21 reviews
CLICK HERE TO GET THIS BOOKManaging Extreme Financial Risk

Managing Extreme Financial Risk

Managing Extreme Financial Risk
  • Author : Karamjeet Paul
  • Publisher : Elsevier
  • Release : 16 September 2013
GET THIS BOOKManaging Extreme Financial Risk

Managing Extreme Financial Risk addresses the need for better management strategies in light of increased market risk and volatility in financial institutions' revenue models. Top officials from the financial and regulatory industries point to real corporate issues, showing how institutions react to financial crises. From first-hand experiences, they explain how effective sustainability management does not just prevent being blindsided; it also leads to proactive solutions that enhance an institution's strength to weather a sudden financial crisis, add significant shareholder value,

Extreme Financial Risks

Extreme Financial Risks
  • Author : Yannick Malevergne,Didier Sornette
  • Publisher : Springer Science & Business Media
  • Release : 16 January 2006
GET THIS BOOKExtreme Financial Risks

"Clearly elucidates extreme financial risks associated with rare events such as financial crashes. The highlight of the book is the delineation of various copulas in conjunction with financial dependences among different assets of a portfolio. In particular, the insightful discussion on quadrant and orthant dependences casts new light on the connection between marginal models and financial dependence...brings a vivid portrayal of the subject." -- MATHEMATICAL REVIEWS

Risk in Extreme Environments

Risk in Extreme Environments
  • Author : Vicki M. Bier
  • Publisher : Routledge
  • Release : 19 October 2017
GET THIS BOOKRisk in Extreme Environments

Risk in Extreme Environments presents a wide-ranging discussion of approaches for assessing and managing extreme risks. Extreme events are not only severe, but also outside the normal range of experience of the system in question, and can include environmental catastrophe; engineering failure; financial or business meltdown; and nuclear or other extreme terrorism. The book focuses on synthesizing research results in a way that provides insights useful to decision makers, and enables them to ask probing questions about the risks faced

Elements of Financial Risk Management

Elements of Financial Risk Management
  • Author : Peter F. Christoffersen
  • Publisher : Academic Press
  • Release : 25 May 2022
GET THIS BOOKElements of Financial Risk Management

The Second Edition of this best-selling book expands its advanced approach to financial risk models by covering market, credit, and integrated risk. With new data that cover the recent financial crisis, it combines Excel-based empirical exercises at the end of each chapter with online exercises so readers can use their own data. Its unified GARCH modeling approach, empirically sophisticated and relevant yet easy to implement, sets this book apart from others. Four new chapters and updated end-of-chapter questions and exercises,

Financial Risk Management For Dummies

Financial Risk Management For Dummies
  • Author : Aaron Brown
  • Publisher : John Wiley & Sons
  • Release : 14 December 2015
GET THIS BOOKFinancial Risk Management For Dummies

Take the risk out of financial risk management Written by bestselling author and past winner of the GARP Award's Risk Manager of the Year, Aaron Brown, Financial Risk Management For Dummies offers thorough and accessible guidance on successfully managing and controlling financial risk within your company. Through easy-to-follow instruction, you'll find out how to manage risk, firstly by understanding it, and then by taking control of it. Plus, you'll discover how to measure and value financial risk, set limits, stop

Handbook Of Heavy-tailed Distributions In Asset Management And Risk Management

Handbook Of Heavy-tailed Distributions In Asset Management And Risk Management
  • Author : Stoyan V Stoyanov,Frank J Fabozzi,Michele Leonardo Bianchi,Gian Luca Tassinari,Sergio Focardi
  • Publisher : World Scientific
  • Release : 08 March 2019
GET THIS BOOKHandbook Of Heavy-tailed Distributions In Asset Management And Risk Management

The study of heavy-tailed distributions allows researchers to represent phenomena that occasionally exhibit very large deviations from the mean. The dynamics underlying these phenomena is an interesting theoretical subject, but the study of their statistical properties is in itself a very useful endeavor from the point of view of managing assets and controlling risk. In this book, the authors are primarily concerned with the statistical properties of heavy-tailed distributions and with the processes that exhibit jumps. A detailed overview with

Managing Extreme Climate Change Risks through Insurance

Managing Extreme Climate Change Risks through Insurance
  • Author : W. J. Wouter Botzen
  • Publisher : Cambridge University Press
  • Release : 28 March 2013
GET THIS BOOKManaging Extreme Climate Change Risks through Insurance

In recent years, the damage caused by natural disasters has increased worldwide; this trend will only continue with the impact of climate change. Despite this, the role for the most common mechanism for managing risk - insurance - has received little attention. This book considers the contribution that insurance arrangements can make to society's management of the risks of natural hazards in a changing climate. It also looks at the potential impacts of climate change on the insurance sector, and

R in Finance and Economics

R in Finance and Economics
  • Author : Abhay Kumar Singh,David Edmund Allen
  • Publisher : World Scientific Publishing Company
  • Release : 14 December 2016
GET THIS BOOKR in Finance and Economics

This book provides an introduction to the statistical software R and its application with an empirical approach in finance and economics. It is specifically targeted towards undergraduate and graduate students. It provides beginner-level introduction to R using RStudio and reproducible research examples. It will enable students to use R for data cleaning, data visualization and quantitative model building using statistical methods like linear regression, econometrics (GARCH etc), Copulas, etc. Moreover, the book demonstrates latest research methods with applications featuring linear

Financial Risk Forecasting

Financial Risk Forecasting
  • Author : Jon Danielsson
  • Publisher : John Wiley & Sons
  • Release : 20 April 2011
GET THIS BOOKFinancial Risk Forecasting

Financial Risk Forecasting is a complete introduction to practical quantitative risk management, with a focus on market risk. Derived from the authors teaching notes and years spent training practitioners in risk management techniques, it brings together the three key disciplines of finance, statistics and modeling (programming), to provide a thorough grounding in risk management techniques. Written by renowned risk expert Jon Danielsson, the book begins with an introduction to financial markets and market prices, volatility clusters, fat tails and nonlinear

Extreme and Systemic Risk Analysis

Extreme and Systemic Risk Analysis
  • Author : Stefan Hochrainer-Stigler
  • Publisher : Springer Nature
  • Release : 06 April 2020
GET THIS BOOKExtreme and Systemic Risk Analysis

This book is about how extreme and systemic risk can be analyzed in an integrated way. Risk analysis is understood to include measurement, assessment as well as management aspects. Integration is understood as being able to perform risk analysis for extreme and systemic events simultaneously. The presented approach is based on Sklar's theorem, which states that a multivariate distribution can be separated into two parts – one describing the marginal distributions and the other describing the dependency between the distributions using

Managing Risk in Extreme Environments

Managing Risk in Extreme Environments
  • Author : Duncan Martin
  • Publisher : Kogan Page Publishers
  • Release : 25 May 2022
GET THIS BOOKManaging Risk in Extreme Environments

Managing Risk in Extreme Environments takes readers through sophisticated risk management concepts and tools by way of insightful anecdotes and authoritative case studies. Offering an informative discourse on how risk management works in extreme situations, it gives readers an assessment of risk management strategies which is quite different from the highly abstract and mathematical versions practiced by businesses around the world every day. Duncan Martin discusses risk management across nine extreme environments, from epidemics to nuclear meltdown, featuring international interviews

Financial Enterprise Risk Management

Financial Enterprise Risk Management
  • Author : Paul Sweeting
  • Publisher : Cambridge University Press
  • Release : 01 September 2011
GET THIS BOOKFinancial Enterprise Risk Management

Financial Enterprise Risk Management provides all the tools needed to build and maintain a comprehensive ERM framework. As well as outlining the construction of such frameworks, it discusses the internal and external contexts within which risk management must be carried out. It also covers a range of qualitative and quantitative techniques that can be used to identify, model and measure risks, and describes a range of risk mitigation strategies. Over 100 diagrams are used to help describe the range of approaches

Resources, Financial Risk and the Dynamics of Growth

Resources, Financial Risk and the Dynamics of Growth
  • Author : Roberto Pasqualino,Aled Wynne Jones
  • Publisher : Routledge
  • Release : 19 May 2020
GET THIS BOOKResources, Financial Risk and the Dynamics of Growth

This book presents a new System Dynamics model (the ERRE model), a novel stock and flow consistent global impact assessment model designed by the authors to address the financial risks emerging from the interaction between economic growth and environmental limits under the presence of shocks. Building on the World3-03 Limits to Growth model, the ERRE links the financial system with the energy, agriculture and climate systems through the real economy, by means of feedback loops, time lags and non-linear