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The investor will become knowledgeable about the opportunities in these markets along with characteristics of each market segment and cautionary articles on how to avoid pitfalls. The novice trader will find a solid introduction to market fundamentals as well as a sample of typical strategies used in each market.\u003cbr\u003e\u003cbr\u003eAll readers will be provided with insight and practical knowledge on the commodity markets that could otherwise only be obtained by directly working for natural-resource-focused trading and investing companies.\u003cbr\u003e\u003cbr\u003e\u003cem\u003eCommodity Investing and Trading \u003c\/em\u003eis the comprehensive guide to understanding and evaluating trading and investing opportunities in the commodities markets, with chapters written by established industry experts in commodities research.  \u003c\/p\u003e","brand":"Risk Books","offers":[{"title":"Default Title","offer_id":50769892868438,"sku":"9781906348847","price":145.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0904\/4433\/3398\/files\/ciat-2d-crop-616-pixels.png?v=1751976636"},{"product_id":"conduct-risk-a-practitioner-s-guide-2","title":"Conduct Risk: A Practitioner's Guide","description":"\u003cp\u003eMany financial institutions have been heavily fined because of the conduct of their employees which ranged from the LIBOR scandal, money laundering activities, mis-selling of financial products including Payment Protection Insurance (PPI), interest rate protection, etc. The industry is struggling with how to manage conduct risk and the financial and reputational impacts. This issue remains at the top of banks’ agendas and has become of exponential interest to regulators.\u003c\/p\u003e\r\n\u003cp\u003e\u003cem\u003eConduct Risk\u003c\/em\u003e is addressed in both a holistic and practical way, allowing the reader to grasp the concept of conduct risk whilst also providing access to the appropriate information to resolve their immediate issue. An overview and analysis of conduct risk is set out, followed by a review of recent case studies and the associated challenges, drawing on the practical experience of those writing the specific chapters.\u003c\/p\u003e\r\n\u003cdiv\u003e\r\n\u003cp\u003e\u003cem\u003eConduct Risk\u003c\/em\u003e demonstrates the alignment between conduct, culture, and behaviours, all of which need to be managed effectively and in harmony. It will inform thinking, encourage the resolution of problems, and enable boards and senior management to better challenge the current state of play.\u003c\/p\u003e\r\n\u003c\/div\u003e","brand":"Risk Books","offers":[{"title":"Default Title","offer_id":50769898275158,"sku":"9781782723219","price":145.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0904\/4433\/3398\/files\/cr_apg-2d-crop-616pix.png?v=1751976646"},{"product_id":"correlation-risk-management-and-modelling-2nd-edition","title":"Correlation Risk Management and Modelling (2nd edition)","description":"\u003cdiv class=\"product-essential\"\u003e\u003cform id=\"product_addtocart_form\" action=\"https:\/\/riskbooks.com\/checkout\/cart\/add\/uenc\/aHR0cHM6Ly9yaXNrYm9va3MuY29tOjQ0My9jb3JyZWxhdGlvbi1yaXNrLW1hbmFnZW1lbnQtYW5kLW1vZGVsbGluZy0ybmQtZWRpdGlvbg,,\/product\/1028\/\" method=\"post\"\u003e\r\n\u003cdiv class=\"product-shop\"\u003eGunter Meissner returns with a fully updated second edition of Correlation Risk, the first book to address financial correlation risk in detail. \u003c\/div\u003e\r\n\u003c\/form\u003e\u003c\/div\u003e\r\n\u003cdiv class=\"product-collateral\"\u003e\r\n\u003cdiv class=\"tabs\"\u003e\r\n\u003cp\u003eCorrelation risk was highlighted in the global financial crisis of 2007-09, when correlations between many financial variables, such as return correlation between equities, the default correlation between debtors or the default correlation between a debtor and an insurer, increased dramatically. This led to huge unexpected losses for many financial institutions, which in part triggered the global financial crisis.\u003cbr\u003e\u003cbr\u003e\u003cem\u003eCorrelation Risk \u003c\/em\u003egives the reader an overview of the main correlation models:\u003c\/p\u003e\r\n\u003cp\u003eStatistical; Deterministic financial (bottom-up \u0026amp; top-down models); and Stochastic financial.\u003c\/p\u003e\r\n\u003cp\u003eThe book discusses the conceptual, mathematical and computational properties of the models and evaluates their benefits and limitations for finance, making it valuable to anyone who is exposed to financial correlations and financial correlation risk, a big range! A must-read for upper management, risk managers, analysts, traders, compliance departments, model validation groups, controllers, reporting groups and brokers.\u003c\/p\u003e\r\n\u003c\/div\u003e\r\n\u003c\/div\u003e","brand":"Risk Books","offers":[{"title":"Default Title","offer_id":50769904271702,"sku":"9781782724056","price":85.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0904\/4433\/3398\/files\/ctmam-2d-616-pix.png?v=1751976656"},{"product_id":"counterparty-credit-risk","title":"Counterparty Credit Risk","description":"\u003cp\u003eThe Basel Committee for Banking Supervison (BCBS) has issued a substantive package of changes to the regulatory framework around counterparty credit risks in response to the events of the financial crisis of 2007-8. During this crisis, as in prior, counterparty credit risks have been at the center stage of the most crucial episodes.\u003c\/p\u003e\r\n\u003cp\u003eOur book examines key aspects of counterparty risk management and models during the crisis and proposes practical guidance to improvements.\u003c\/p\u003e\r\n\u003cdiv\u003e\r\n\u003cp\u003eIt contains a worth of insights useful to practitioners, regulators, consultants, accountants, lawmakers, auditors and researchers to understand the substantive, and often technical, issues on the table.\u003c\/p\u003e\r\n\u003cp\u003eThe book is a collection of clear and concise articles produced by some of the most experienced and prominent professionals in the field. All of them strived to produce material that is substantive and accessible. This provides an invaluable collection of ideas and tools to face the changes and challenges ahead and address some of the most important issues of the moment:\u003c\/p\u003e\r\n\u003cul\u003e\r\n\u003cli\u003eThe proposed changes in counterparty risk capital may cause regulatory capital on credit risk to double\u003c\/li\u003e\r\n\u003cli\u003eBanks will have to invest enormous resources to upgrade their counterparty risk management systems\u003c\/li\u003e\r\n\u003cli\u003eMethods and process will be enhanced to address the demands on the governance of wrong-way risks, model validation and backtesting, and stress testing\u003c\/li\u003e\r\n\u003cli\u003eCVAs and the market risk management of counterparty risks is key under the ruling of FAS 157 and IAS 39\u003c\/li\u003e\r\n\u003c\/ul\u003e\r\n\u003cp\u003eThe book consists of 14 chapters broken down into four broad areas:\u003c\/p\u003e\r\n\u003cp\u003e· Chapters 1 to 5 cover topics related to counterparty risk measurement and management. It focuses on two very current subjects: systemic counterparty risk and collateralization.\u003c\/p\u003e\r\n\u003cp\u003e· Chapters 6 to 10 cover topics related to the pricing and hedging of counterparty risks and of collateral arrangements. CVAs have caused massive losses to banks during the recent crisis and have motivated some of the recent the Basel Committee’s proposals for reforms of the regulatory capital on counterparty risks. The implications of collateral to OTC derivative valuation, funding costs and availability of funding are important current issues that are covered.\u003c\/p\u003e\r\n\u003cp\u003e· Chapters 11 and 12 cover stress testing of counterparty risks. The recent experience made clear that stress tests frameworks need to be expanded and enhanced and some new and promising ideas are described.\u003c\/p\u003e\r\n\u003cp\u003e· Chapters 13 and 14 cover back-testing of counterparty exposure models and the incorporation of counterparty risks into economic and regulatory capital frameworks.\u003c\/p\u003e\r\n\u003c\/div\u003e","brand":"Risk Books","offers":[{"title":"Default Title","offer_id":50769905221974,"sku":"9781906348342","price":125.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0904\/4433\/3398\/files\/ccr-2d-crop-616-pixels.png?v=1751976666"},{"product_id":"credit-risk-modelling-second-edition-developments","title":"Credit Modelling (2nd edition)","description":"\u003cp\u003eThe book reveals to traders how to consistently outperform credit benchmarks, how to hedge the credit risk premium, and how to overcome pension liability deficits. In addition, several successful trading strategies are presented including debt versus equities, Co-Co bond trading and a quantitative analysis of the municipal bond market.\u003c\/p\u003e\r\n\u003cp\u003eChapters include:\u003c\/p\u003e\r\n\u003cdiv\u003e\r\n\u003cul\u003e\r\n\u003cli\u003eCredit Models, Past Present and Future\u003c\/li\u003e\r\n\u003cli\u003ePredicting Annual Default Rates and Implications for Market Prices\u003c\/li\u003e\r\n\u003cli\u003eRisk and Relative Value in the Municipal Bond Market\u003c\/li\u003e\r\n\u003cli\u003eContingent Collateral Bonds\u003c\/li\u003e\r\n\u003cli\u003eModel for Sovereign Default and Relative Value\u003c\/li\u003e\r\n\u003cli\u003eBeating Credit Benchmarks\u003c\/li\u003e\r\n\u003cli\u003eAnalyzing and Hedging Systemic Liquidity Risk\u003c\/li\u003e\r\n\u003c\/ul\u003e\r\n\u003c\/div\u003e","brand":"Risk Books","offers":[{"title":"Default Title","offer_id":50769908695382,"sku":"9781782722595","price":72.5,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0904\/4433\/3398\/files\/cm-at-2d-crop-616pix.png?v=1751976704"},{"product_id":"cyber-risk","title":"Cyber Risk","description":"\u003cp\u003eIn an increasingly inter-connected world, cyber security has become a global threat that knows no boundaries. Cyber criminals now have new channels through which they are able to disrupt systems and access valuable data, gaining the ability to cause wide-scale disruption and cost for institutions, reputation and customers alike.\u003c\/p\u003e\r\n\u003cp\u003e\u003cem\u003eCyber Risk\u003c\/em\u003e provides readers with a comprehensive overview of the key developments in cyber security within the financial space, enabling them to learn solutions to critical issues and formulate a good practice methodology that ensures they stay ahead of the latest threats.\u003c\/p\u003e\r\n\u003cdiv\u003e\r\n\u003cp\u003eEditor Michael Woodson has assembled a team of experts from institutions such as HSBC, Deutsche Bank, and the Federal Reserve Bank of Boston, all of whom are uniquely qualified to contribute to the ongoing discussion regarding this capricious and exponentially significant risk.\u003c\/p\u003e\r\n\u003ch4\u003eBook description\u003c\/h4\u003e\r\n\u003cp\u003eCyber risk for financial institutions is a relatively new and developing risk area but it is a huge issue that can only grow in importance. \u003cem\u003eCyber Risk\u003c\/em\u003e addresses the growing concerns brought about by the increased frequency of cybercrime incidents in the financial industry, with authors discussing cutting edge tactics and regulation that respond to and counteract this evolving threat.\u003c\/p\u003e\r\n\u003cp\u003eThis multi-contributor book provides readers with a comprehensive overview of the key developments in cyber security within the financial space, enabling them to learn solutions to critical issues and formulate a good practice methodology that ensures they stay ahead of the latest threats.\u003c\/p\u003e\r\n\u003cp\u003e\u003cstrong\u003eChapters cover:\u003c\/strong\u003e\u003c\/p\u003e\r\n\u003cul\u003e\r\n\u003cli\u003eCyber Risk Profile and Communication to the Board\u003c\/li\u003e\r\n\u003cli\u003eThe Cyber Risk Landscape\u003c\/li\u003e\r\n\u003cli\u003eCyber Security Metrics\u003c\/li\u003e\r\n\u003cli\u003eRegulations, Compliance and Cyber Risk Management\u003c\/li\u003e\r\n\u003cli\u003eCyber Risks in Business Continuity Management and Supply Chain Resilience\u003c\/li\u003e\r\n\u003cli\u003eThird Party and Vendor Risk Management\u003c\/li\u003e\r\n\u003cli\u003eCyber Incident Response\u003c\/li\u003e\r\n\u003c\/ul\u003e\r\n\u003c\/div\u003e\r\n\u003cp\u003e\u003c\/p\u003e","brand":"Risk Books","offers":[{"title":"Default Title","offer_id":50769909350742,"sku":"9781782722830","price":145.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0904\/4433\/3398\/files\/cr-2d-crop-616pix.png?v=1751976724"},{"product_id":"risk-culture-and-effective-risk-governance","title":"Risk Culture and Effective Risk Governance","description":"\u003cp\u003e\u003cspan\u003eRisk culture and safety cultures are a central issue for firms within all industries, with high profile cases of excessive risk taking or the bad behaviour of employees in many different sectors making headlines. In financial services this is one of the factors behind the crisis, but has also surfaced even more damagingly post-crisis in the form of conduct scandals such as LIBOR and various mis-selling cases.\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cspan\u003eThose controlling firms should be asking themselves how they can develop, instil and measure risk culture. Expectations from investors and, for the appropriate sectors, from regulators, have ratcheted up. With regard to the financial services, the FSB has issued a range of papers emphasising the changes they expect to see. The PRA in the UK has made clear that they expect culture to support the prudent management of all banks and insurers and are planning to use new tools to enforce this.\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cspan\u003ePatricia Jackson has assembled an all-star cast of contributors to examine the different factors which will influence an effective risk culture. There are many different aspects of risk culture which are covered, from an embedded risk appetite, values, and leadership from the top, through to incentives, accountability, and risk transparency, all of which need to come together to ensure a strong culture.\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cem\u003eRisk Culture and Effective Risk Governance\u003c\/em\u003e\u003cspan\u003e uses many examples from different industries, such as financial services, transport, oil and gas, and the NHS, to illustrate the various arguments. Patricia has written an introduction which consolidates and clarifies the central themes, examining why risk cultures fail and the lessons to be learnt from different industries regarding a way forward. The regulatory viewpoint for financial services is reflected in four chapters written by senior regulators from different countries.\u003c\/span\u003e\u003c\/p\u003e","brand":"Risk Books","offers":[{"title":"Default Title","offer_id":50769910235478,"sku":"9781782720997","price":145.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0904\/4433\/3398\/files\/86-risk-culture-and-effective-risk-governance-2d-crop-616-pixels.png?v=1751976753"},{"product_id":"risk-model-validation-2nd","title":"Risk Model Validation (2nd Edition)","description":"\u003cp\u003eThis new edition provides financial institutions with a toolbox to raise the key questions when it comes to integrating the results of quantitative risk models into business decisions.\u003c\/p\u003e\r\n\u003cp\u003eReaders will be able to:\u003c\/p\u003e\r\n\u003cdiv\u003e\r\n\u003cul\u003e\r\n\u003cli\u003eEvaluate the validity of a model;\u003c\/li\u003e\r\n\u003cli\u003eJudge the model’s quality, consistency and regulatory compliance;\u003c\/li\u003e\r\n\u003cli\u003eImprove a framework for validation; and\u003c\/li\u003e\r\n\u003cli\u003eTailor a model-risk approach for their institution.\u003c\/li\u003e\r\n\u003c\/ul\u003e\r\n\u003cp\u003eChapters include:\u003c\/p\u003e\r\n\u003cul\u003e\r\n\u003cli\u003eBasics of Quantitative Risk Models\u003c\/li\u003e\r\n\u003cli\u003eHow Can a Risk Model Fail?\u003c\/li\u003e\r\n\u003cli\u003eThe Regulatory Perspective on Risk Model Validation\u003c\/li\u003e\r\n\u003cli\u003eValidation Toolbox 1: Focus on Model Results\u003c\/li\u003e\r\n\u003cli\u003eValidation Toolbox 2: Focus on Model Assumptions\u003c\/li\u003e\r\n\u003cli\u003eValidation Toolbox 3: Focus on Data and Software\u003c\/li\u003e\r\n\u003cli\u003eImplementing a Model Risk Framework\u003c\/li\u003e\r\n\u003c\/ul\u003e\r\n\u003c\/div\u003e","brand":"Risk Books","offers":[{"title":"Default Title","offer_id":50769910628694,"sku":"9781782722632","price":145.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0904\/4433\/3398\/files\/rmv-2ed-crop-616pix.png?v=1751976772"},{"product_id":"strategic-risk-management-1","title":"Strategic Risk Management","description":"\u003cp\u003eThe Board of every financial institution has to have a strategy.  But in an ever-growing and crowded marketplace, what should such a strategy look like?\u003c\/p\u003e\r\n\u003cp\u003eUnfortunately, there are no easy answers to that question, as the strategic options are limited by: the position that the firm holds in the industry today; the markets in which it operates; the capabilities (capital, assets and skills) that they have today and, importantly, can get access to in the future; trends in the industry; and, of course, what competitors are doing or are planning to do.  All of these external and even internal pressures are to some degree uncertain, unknown and sometimes unknowable.  There is, as a result, substantial risk in\u003cspan\u003e \u003c\/span\u003e\u003cem\u003eevery\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003estrategic decision.\u003c\/p\u003e\r\n\u003cp\u003e\u003ca id=\"product-description-more\"\u003e\u003c\/a\u003eLess\u003c\/p\u003e\r\n\u003cdiv\u003e\r\n\u003cp\u003eThis book, about the management of Strategic Risks, is divided into three distinct parts:\u003c\/p\u003e\r\n\u003cp\u003e1) Part One: which introduced some of the key concepts in the book, in particular Strategic Risks and the enormous losses to shareholders’ wealth that can result from failures to manage such risks.  The chapters in this part also discussed concepts such as Business Model, Strategic Positioning Risk, and Strategic Execution Risk.\u003c\/p\u003e\r\n\u003cp\u003e2) Part Two: described some case studies of Strategic Risk, in particular failures of large firms as a result of flawed growth and acquisition strategies.   The difficulties of executing innovation and technology strategies were also discussed using appropriate case studies.\u003c\/p\u003e\r\n\u003cp\u003e3) Part Three: which discussed some of the tools and techniques for the management of Strategic Risks based on already widely used models from strategy development.\u003c\/p\u003e\r\n\u003cp\u003eAuthor Patrick McConnell, a Visiting Fellow at Macquarie University Applied Finance Centre in Sydney (where he teaches Masters-level courses on Strategic Risk Management), has been publishing and teaching in the area of Strategic Risk for several years\u003cem\u003e.\u003c\/em\u003e Dr McConnell also has over 30 years’ experience in Information Technology and Risk Management and has been employed by, and consulted for, the Australian government in addition to major banks and corporations in the US, Europe and Australia. \u003cem\u003eStrategic Risk Management\u003c\/em\u003e provides a balanced combination of both hands-on experience and theoretical reasoning, explaining the organisational (re)alignments to ensure that the necessary changes are made.\u003c\/p\u003e\r\n\u003c\/div\u003e","brand":"Risk Books","offers":[{"title":"Default Title","offer_id":50769912398166,"sku":"9781782722649","price":72.5,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0904\/4433\/3398\/files\/srm-2d-crop-616pix.png?v=1751976791"},{"product_id":"strategic-technology-risk","title":"Strategic Technology Risk","description":"\u003cp\u003eIn\u003cem\u003e\u003cspan\u003e \u003c\/span\u003eStrategic Technology Risk\u003c\/em\u003e, Pat McConnell examines the topical and important area of strategic technology risk management (STRM), or the risks posed to a firm by a failure to integrate technology into its strategic plans and business operations. The book will improve the management of technology risk within organisations by focusing on the processes of developing technology strategies that are totally embedded in corporate strategies.\u003c\/p\u003e\r\n\u003cp\u003eThe book is practical, rooted in real-world case studies and research into technology strategy development and risk management. Chapters include:\u003c\/p\u003e\r\n\u003cp\u003e\u003ca id=\"product-description-more\"\u003e\u003c\/a\u003eLess\u003c\/p\u003e\r\n\u003cdiv\u003e\r\n\u003cul\u003e\r\n\u003cli\u003eTechnology: Innovation, Convergence and Disruption\u003c\/li\u003e\r\n\u003cli\u003eTechnology Strategy and Strategic Technology Risks\u003c\/li\u003e\r\n\u003cli\u003eStrategic Technology Positioning, Execution and Operations Risks\u003c\/li\u003e\r\n\u003cli\u003eRegulation of Strategic Technology Risks\u003c\/li\u003e\r\n\u003cli\u003eStrategic IT Baseline\u003c\/li\u003e\r\n\u003cli\u003eCore Systems Replacement Risks\u003cspan\u003e \u003c\/span\u003e\n\u003c\/li\u003e\r\n\u003cli\u003eManagement of Strategic Technology Risks\u003c\/li\u003e\r\n\u003cli\u003eRegister of Strategic Technology Risks\u003c\/li\u003e\r\n\u003c\/ul\u003e\r\n\u003cul\u003e\u003c\/ul\u003e\r\n\u003cp\u003e \u003c\/p\u003e\r\n\u003cp\u003eIn particular, the Register chapter is designed to save firms significant effort, time and as a result, money, in developing their own Strategic Technology Risk Register. \u003c\/p\u003e\r\n\u003cul\u003e\u003c\/ul\u003e\r\n\u003cp\u003eThe book is aimed at board and senior-management level, those responsible for setting strategy and managing risks in an organisation and practitioners in the technology and risk-management organisations within financial institutions.  It is also aimed at analysts and investors who are interested in investing in large corporations based on their long-term strategies.\u003c\/p\u003e\r\n\u003c\/div\u003e","brand":"Risk Books","offers":[{"title":"Default Title","offer_id":50769912987990,"sku":"9781782723431","price":145.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0904\/4433\/3398\/files\/str-2d-crop-616pix.png?v=1751976800"},{"product_id":"http-riskbooks-com-probabilistic-graphical-models-a-new-way-of-thinking-in-financial-modelling","title":"Probabilistic Graphical Models","description":"\u003ch2\u003eOverview\u003c\/h2\u003e\r\n\u003cdiv class=\"std\"\u003e\r\n\u003cp\u003e\u003cem\u003eProbabilistic Graphical Models\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003egives an overview of PGMs (a framework encompassing techniques like bayesian networks, markov random fields and chain graphs), which incorporate forward-looking information for making financial decisions, and applies them to stress testing, asset allocation, hedging, and credit risk.\u003cbr\u003e\u003cbr\u003eThis approach describes a new way to contend with stress testing (a big component of regulations like CCAR, the AIFMD, and Solvency II), teaches the reader how to strengthen their portfolios, presents a forward-looking way of conducting tail hedging, and gives a clear picture of the credit risk of the institution in question (such as a bank or a hedge fund).\u003c\/p\u003e\r\n\u003c\/div\u003e","brand":"Risk Books","offers":[{"title":"Default Title","offer_id":50769913643350,"sku":"9781782720973","price":145.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0904\/4433\/3398\/files\/pgm_2d-crop-616-pixels.png?v=1751976809"},{"product_id":"structured-products","title":"Structured Products","description":"\u003cp\u003eEdited by Dilip Madan, the leading expert in the structured products field, this collection of technical papers on this complex area is the third book in the new Cutting Edge series.\u003c\/p\u003e\r\n\u003cp\u003eStructured Products\u003cspan\u003e \u003c\/span\u003eis split into four arenas:\u003ca id=\"product-description-more\"\u003e\u003c\/a\u003e\u003c\/p\u003e\r\n\u003cdiv\u003e\r\n\u003cp\u003e* Equity Product Designs\u003c\/p\u003e\r\n\u003cp\u003e* Volatility Products\u003c\/p\u003e\r\n\u003cp\u003e* Options on Baskets\u003c\/p\u003e\r\n\u003cp\u003e* Calibration considerations\u003c\/p\u003e\r\n\u003cp\u003eThe selection of papers offers in depth descriptions of new products arising from a variety of sources including investor interest and the hedging capability for the seller and is recommended reading for anyone working in structured products, equity markets and asset managers. 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This book will advance the concept of how the rapid pace of FinTech expansion relates to new challenges in operational risk management. The implications for risk management professionals are serious as both institutions and consumers are impacted. Regulation in this new evolving environment is challenged especially as new forms of operational risk emerge.\u003c\/p\u003e\r\n\u003cp\u003ePurchasers of this book will:\u003c\/p\u003e\r\n\u003cdiv\u003e\r\n\u003col\u003e\r\n\u003cli\u003eUnderstand what exactly FinTech is\u003c\/li\u003e\r\n\u003cli\u003eSee how FinTech is engrained in our new risk paradigm for financial services\u003c\/li\u003e\r\n\u003cli\u003eLearn how to think about risk management as FinTech grows\u003c\/li\u003e\r\n\u003cli\u003eSee how operational risk managers can consider and implement risk management systems\u003c\/li\u003e\r\n\u003c\/ol\u003e\r\n\u003c\/div\u003e","brand":"Risk Books","offers":[{"title":"Default Title","offer_id":51232494092630,"sku":"9781782723875","price":145.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0904\/4433\/3398\/files\/fintech-gad-2d-crop-616-pixels.png?v=1751977149"},{"product_id":"inflation-sensitive-assets-instruments-and-strategies","title":"Inflation-Sensitive Assets","description":"\u003cp\u003e\u003cspan style=\"font-size: 14px;\"\u003eBoth commodities and inflation-linked products have gained interest in recent years as alternatives and complements to traditional asset classes. 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Since the in-depth and bank-specific supervision of liquidity risk is a very new topic, many banks and regulators will have to make major efforts to prepare for raised expectations and upcoming requirements.\u003c\/p\u003e\r\n\u003c\/div\u003e","brand":"Risk Books","offers":[{"title":"Default Title","offer_id":50769957126486,"sku":"9781782722571","price":145.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0904\/4433\/3398\/files\/lrms-2d-crop-616pix.png?v=1751977314"},{"product_id":"longevity-risk-2nd-edition","title":"Longevity Risk (2nd edition)","description":"\u003cp\u003e\u003cspan style=\"font-size: 14px;\"\u003eEmma McWilliam returns with the highly anticipated, and fully updated, second edition of Longevity Risk. McWilliam, alongside two new co-editors and Hymans colleagues Howie Timothy and Matt Thomas, has assembled a roster of leading experts in the field of longevity.\u003c\/span\u003e\u003c\/p\u003e\r\n\u003cp\u003eManaging longevity risk (LR) requires an understanding of a wide range of issues, from the measurement of LR for pricing, reserving and setting aside capital, to the management of risk through de-risking, reinsurance and capital markets solutions. These diverse topics are assiduously explored in this text by longevity thought-leaders and practitioners, whose extensive experience cuts across disciplines, from (re)insurance to capital markets, from law to medicine and academia, as well as across the major longevity markets globally.\u003cbr\u003e\u003cbr\u003eAs LR evolves, so does the sophistication of the tools with which we measure and manage the risk. It is the aim of this book to inform the reader and arm them with the knowledge to develop robust and innovative solutions, enabling the effective management of longevity risk, for the long-term benefit of future generations.\u003c\/p\u003e","brand":"Risk Books","offers":[{"title":"Default Title","offer_id":51232493797718,"sku":"9781782723882","price":145.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0904\/4433\/3398\/files\/lgvtyrisk-2d-crop-fina-616-pixelsl.png?v=1751977324"},{"product_id":"managing-and-measuring-capital-for-banks-and-financial-institutions-1","title":"Managing and Measuring Capital","description":"\u003cp\u003e\u003cspan style=\"font-size: 14px;\"\u003eThis book edited by industry expert Michael Ong explores how capital is measured and managed by banks and other financial institutions and how current techniques should be improved to address the issues highlighted in the recent crisis.\u003c\/span\u003e\u003c\/p\u003e\r\n\u003cdiv class=\"std\"\u003e\r\n\u003cp\u003eThe first part covers the issues of capital management, allocation, risk attribution and performance determination. The second part focuses on the measurement of capital. The book is essential for all who witnessed the devastating effects of the crisis, due fundamentally to undercapitalisation.\u003c\/p\u003e\r\n\u003cp\u003e\u003cem\u003e\"...covers all key features of the post-crisis regulatory and risk-management scenario...\"\u003c\/em\u003e\u003c\/p\u003e\r\n\u003cp\u003e\u003cem\u003eAndrea Resti,\u003c\/em\u003e Bocconi University\u003c\/p\u003e\r\n\u003cp\u003e\u003cem\u003e\"...The book comes out at an opportune moment to refocus our attention to the basic concepts of economic and regulatory capital.\"\u003c\/em\u003e\u003c\/p\u003e\r\n\u003cp\u003e\u003cem\u003eAshish Dev\u003c\/em\u003e, Managing Director, JP Morgan Chase\u003c\/p\u003e\r\n\u003c\/div\u003e","brand":"Risk Books","offers":[{"title":"Default Title","offer_id":50769957421398,"sku":"9781906348458","price":145.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0904\/4433\/3398\/files\/managing-interest-rate-risk-2d-crop-616-pixels.png?v=1751977343"}],"url":"https:\/\/www.riskbooks.com\/collections\/bestsellers.oembed?page=5","provider":"Risk Books","version":"1.0","type":"link"}