Elements of Financial Risk Management
Publisher: Academic Press
Number of Pages: 214
Published: 2003-07-22
List price: $93.95
ISBN-10: 0121742326
ISBN-13: 9780121742324
Value-at-Risk has emerged as the standard tool for measuring and reporting financial market risk. Currently, more than eighty commercial vendors offer enterprise or trading risk management systems that provide VAR-like measures. Risk managers are therefore often left with the daunting task of having to choose from this plethora of risk measures. While basic VAR textbooks describe average VAR situations, the vast majority of these situations are abnormal. Elements of Financial Risk Management focuses on implementation, especially recent techniques which facilitate "bridging the gap" between ...