Validation of Risk Management Models for Financial Institutions : Theory and Practice / David Lynch, Iftekhar Hasan, Akhtar Siddique
Publication year: 2023
ISBN: 9781108739962
Internet Resource: Please Login to download book
Covers all of the major risk areas that a financial institution is exposed to and uses models for, including market risk, interest rate risk, retail credit risk, wholesale credit risk, compliance risk, and investment management. The book discusses current practices and pitfalls that model risk users need to be aware of and identifies areas where validation can be advanced in the future. This provides the first unified framework for validating risk management models.
Subject: Business, Accounting, Economics, Statistics for Econometrics, Finance and Insurance, Finance and Accountancy, Statistics and Probability
