Home | Amazing | Today | Tags | Publishers | Years | Account | Search 
Risk Management and Capital Adequacy

Buy

A Step-by-Step Approach for Integrating Market, Credit, and Operational Risk Management--While Complying with New Basel Accord Guidelines

For financial institutions around the world, the work involved in managing market, credit, and operational risk exposures--as well as the capital required to support such exposures--will change dramatically under the new Basel Accord guidelines. Risk Management and Capital Adequacy is the first book to examine how institutions can streamline programs by, wherever possible, integrating and simplifying risk management strategies and techniques.

From analyses of the latest models and frameworks to case studies and examples of the devastating effects of unfocused or insufficient risk management, this in-depth examination reveals:

  • Building blocks for constructing an integrated, effective risk management framework
  • The three pillars of the Basel Accord--and what institutions must do to comply with each
  • Details behind financial disasters, from LTCM to Barings, and how they could have been prevented

While banks have an institutional interest in managing risk exposures, they also have a competitive interest in minimizing the capital required to offset those exposures. Risk Management and Capital Adequacy is the first book to outline an integrative framework for managing risks, and complying with the Basel Accord requirements, in the most cost-effective, capital-efficient, and competitively sound possible ways.

The effective management of risk is a front-and-center topic for financial institutions. Charged with meeting everything from the newly fluid realities of global markets to the inflexible requirements of the Basel Accords, institutions are finding they must replace formalized and normative approaches with new types of risk management. These programs must be detailed enough to address the risks of today's dynamic markets yet adaptable enough to meet the needs of individual institutions and their requirements--while at the same time allowing decision-makers to demonstrate their willingness and capability to effectively handle unseen risk and increase shareholder value.

Risk Management and Capital Adequacy examines and explains today's key approaches for understanding and managing market, credit, and operational risk. The first book to provide practitioners with straightforward and hands-on techniques for integrating key risk management approaches, this all-inclusive resource covers topics such as:

  • The history of modern risk management
  • Regulatory mechanisms for managing risk
  • Conceptual approaches for modeling market, credit, and operational risk
  • Modern Portfolio Theory and the Capital Asset Pricing Model
  • Uses and limitations of Value at Risk
  • The BIS risk-based capital requirement framework
  • KMV's credit monitor model
  • Differences in credit versus market risk models
  • KPMG's Loan Analysis System and other risk-neutral valuation approaches
  • Products with inherent credit risks
  • Capital adequacy issues from regulatory and industry perspectives
  • Basel Committee on Banking Supervision and the New Basel Capital Accord
  • Case studies of Metallgesellschaft, Sumitomo, LTCM, and Barings

Under the new Basel guidelines, all financial institutions subject to local banking laws will be required to adopt and operate under dramatically different risk exposure rules and guidelines. Risk Management and Capital Adequacy provides banking executives with an integrated risk management framework that is as seamless to implement as it is self-explanatory and complete. It is today's most across-the-board examination of where risk management stands today, which rules and guidelines are likely to change in the future, and how institutions can establish programs that meet risk management imperatives, limit risk capital requirements, and provide for the integration of risk management to cover the global spectrum of today's financial arena.

About the Author

Reto Gallati, Ph.D., is deputy chief risk officer at Putnam Investments. A visiting professor at MIT's Sloan School of Management, Dr. Gallati has also worked in risk management at KPMG, Goldman Sachs, and Crédit Suisse and has been an instructor at Boston University, Harvard, and the University of Zurich.

(HTML tags aren't allowed.)

Knots and Surfaces
Knots and Surfaces
The fascination exerted by interlaced patterns and knotted forms is evident in their use in decorative and symbolic art across the centuries. Knotwork is a distinguishing feature of Celtic art, and the intricate beauty of decorated stonework and illuminated manuscripts such as the Lindisfarne Gospels, the Book of Durrow, and the Book of Kells...
Nutrition and Gastrointestinal Disease (Clinical Gastroenterology)
Nutrition and Gastrointestinal Disease (Clinical Gastroenterology)

This volume serves as a hands-on, practical reference in nutrition support for the clinical gastroenterologist and for other clinicians with similar interests. The book offers expert nutritional knowledge and management ideas. It also provides methodology for combating problems such as short bowel syndrome, inflammatory bowel disease, celiac...

Robots, Androids and  Animatrons, Second Edition : 12 Incredible Projects You Can Build
Robots, Androids and Animatrons, Second Edition : 12 Incredible Projects You Can Build

Bound to stir the imagination and inspire plans.--Poptronics, on John Iovine's PIC Microcontroller Project Book

MORE SENSORS--MORE SMARTS--MORE MOVES--MORE POWER--MORE CONTROL--MORE PROJECTS--LOWER COSTS--AMATEUR ROBOTICS COMES INTO ITS OWN!

Robots, Androids, and Animatrons Second Edition

The time has come for you to...


Upgrading Microsoft Visual Basic 6.0 to Microsoft Visual Basic .NET
Upgrading Microsoft Visual Basic 6.0 to Microsoft Visual Basic .NET

Many articles have appeared in the press about Visual Basic .NET being radically different from prior versions of Visual Basic. Unfortunately, most of the articles leave you with more questions than answers. What exactly are the changes in Visual Basic .NET? Will it be possible to upgrade existing applications? Why does it break...

Enterprise Mac Administrator's Guide
Enterprise Mac Administrator's Guide

Charles Edge, Zack Smith, and Beau Hunter provide detailed explanations of the technology required for large-scale Mac OS X deployments and show you how to integrate it with other operating systems and applications.

Enterprise Mac Administrator's Guide addresses the growing size...

Simply Java: An Introduction to Java Programming (Programming Series)
Simply Java: An Introduction to Java Programming (Programming Series)

Why write yet another introductory Java book? The answer is simple; I was unable to find a suitable textbook for teaching introductory Java programming. This is for three main reasons. First, every Java textbook I looked at, or taught from, was too tedious to read. I could not justify asking my students to read something that I was incapable...

©2021 LearnIT (support@pdfchm.net) - Privacy Policy