15论坛币
RISK MANAGEMENT TECHNOLOGY IN FINANCIAL SERVICES

Risk Control, Stress Testing, Models, and IT Systems and Structures

By
Dimitris Chorafas, Independent Finance Consultant, France

page 350

Description
Written for professionals in financial services with responsibility for IT and risk management, Dimitris Chorafas surveys the methodology required and IT systems and structures to support it according to Basel II. The book is consistent with the risk management certification process of GARP, as well as the accounting rules of IFRS, based on research the author conducted with IASB. The author provices an in-depth discussion of the types of risk, stress analysis and the use of scenarios, mathematical models, and IT systems and infrastructure requirements.

Audience
IT Directors, IT Managers, and Risk Mangement Directors in financial services industries worldwide; risk management software application developers in financial institutions and in software firms providing financial applications and solutions; Consultants providing IT and risk management services to the financial services industry.

Contents
Foreword, by Francis-luc PerretPreface

Part 1 Innovation, risk, and return
Chapter 1 Innovation in finance Chapter 2 What is meant by risk management? Chapter 3 Complxity of risk control with derivatives Chapter 4 Intergrating risk management through an enterprise architecure Chapter 5 Case studies on big product problems that went unattended

Part 2 Risk control methodology and advanced models
Chapter 6 A methodology for risk management Chapter 7 The contribution of models to experimentation Chapter 8 Simulation Chapter 9 Using knowledge engineering for risk control Chapter 10 Optimization through genetic algorithms Chapter 11 Testing, backtesting, post-mortems and experimental methodology

Part 3 Increasing the effectiveness of information systems support
Chapter 12 Adding value to risk control through IT and organization Chapter 13 Technology for time management, high frequency financial data and high impact events Chapter 14 Project management for IT and risk control Chapter 15 Implementing design reviews Chapter 16 Quality, reliability and availability Chapter 17 Being in charge of IT costs Index