Understanding and Managing Model Risk a Practical Guide for Quants Traders and Validators (H/C) Closing at an Enormous Cost

Closing at an Enormous Cost to the Owner

Nuclear Forces

Based on Sound Science

and Product Development

Understanding and Managing Model Risk a Practical Guide for Quants Traders and Validators (H/C) Closing at an Enormous CostA 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,