01915cam a22003494a 4500 16902376 MWNLS 20160617162214.0 110803s2011 njua b 001 0 eng 2011031397 9780470977613 (hardback) DLC DLC DLC pcc HD61 .U53 2011 332.645 23 BUS027000 bisacsh Understanding and managing model risk : a practical guide for quants, traders and validators / [edited by] Massimo Morini. 1st ed. Hoboken : Wiley, 2011. xx, 428 p. : ill. ; 25 cm. Wiley finance series Includes bibliographical references and index. "A guide to the validation and risk management of quantitative models used for pricing and hedging. Whereas the majority of quantitative finance books focus on mathematics and risk management books focus on regulatory aspects, this book addresses the elements missed by this literature--the risks of the models themselves. This book starts from regulatory issues, but translates them into practical suggestions to reduce the likelihood of model losses, basing model risk and validation on market experience and on a wide range of real-world examples, with a high level of detail and precise operative indications"-- "Understanding and Managing Model Risk is a guide to the validation and risk management of quantitative models used for pricing and hedging"-- Risk management. Risk management Mathematical models. BUSINESS & ECONOMICS / Finance. bisacsh Morini, Massimo. 7 cbc orignew 1 ecip 20 y-gencatlg ddc BK 22956 22956 0 0 ddc 0 0 NFIC HQ HQ GEN 2016-06-17 Book Aid International 20000.00 4 1 332.645 UND 0096066 2025-05-22 07:28:11 2025-05-06 30000.00 2016-06-17 BK