Elements of Financial Risk Management

Product Description
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. E… More >>