The Validation of Risk Models: A Handbook for Practitioners by Sergio Scandizzo
English | PDF | 2016 | 242 Pages | ISBN : 1137436956 | 5 MB
The practice of quantitative risk management has reached unprecedented levels of sophistication. The pricing, the assessment of risk as well as the computation of the capital requirements for highly complex transactions are performed through equally complex mathematical models, running on sophisticated computer systems, developed and operated by dedicated, highly qualified specialists.