Financial Enterprise Risk Management
Financial Enterprise Risk Management
$135.00
USDThis comprehensive, yet accessible, guide to enterprise risk management for financial institutions contains all the tools needed to build and maintain an ERM framework. It discusses the internal and external contexts with which risk management must be carried out, and it covers a range of qualitative and quantitative techniques that can be used to identify, model and measure risks. This new edition has been thoroughly updated to reflect new legislation and the creation of the Financial Conduct Authority and the Prudential Regulation Authority. It includes new content on Bayesian networks, expanded coverage of Basel III, a revised treatment of operational risk and a fully revised index. Over 100 diagrams are used to illustrate the range of approaches available, and risk management issues are highlighted with numerous case studies. This book also forms part of the core reading for the UK actuarial profession's specialist technical examination in enterprise risk management, ST9.
- Forms part of the core reading ST9, for the UK actuarial profession's specialist technical examination in enterprise risk management
- Includes many worked examples and a wide range of case studies
- Contains exercises for each chapter, with solutions available at the end of the book
Reviews & endorsements
Review of previous edition: 'Provides all the tools required to build and maintain a comprehensive ERM framework, covering a range of qualitative and quantitative techniques and their uses in identifying, assessing, modelling and measuring risk.' Actuary Magazine
'In total, this book provides not only a very comprehensive and accessible introduction to financial enterprise risk management, but also covers advanced topics such as Bayesian networks and current regulatory developments such as Basel III. It clearly demonstrates the importance of risk management for financial institutions and outlines detailed steps and procedures that can be taken to obtain a firm understanding of risk. The book discusses the specific advantages and limitations of current risk management tools and frameworks and provides rich guidance on how to implement ERM on a comprehensive level.' Matthias M. M. Buehlmaier, zbMATH
Product details
August 2017Adobe eBook Reader
9781316886878
0 pages
0kg
120 b/w illus. 25 tables 150 exercises
This ISBN is for an eBook version which is distributed on our behalf by a third party.
Table of Contents
- 1. An introduction to enterprise risk management
- 2. Types of financial institution
- 3. Stakeholders
- 4. The internal environment
- 5. The external environment
- 6. Process overview
- 7. Definitions of risk
- 8. Risk identification
- 9. Some useful statistics
- 10. Statistical distributions
- 11. Modelling techniques
- 12. Extreme value theory
- 13. Modelling time series
- 14. Quantifying particular risks
- 15. Risk assessment
- 16. Responses to risk
- 17. Continuous considerations
- 18. Economic capital
- 19. Risk frameworks
- 20. Case studies
- 21. Solutions to questions
- References
- Index.
