Search Results for risk management - Narrowed by: Chorafas, Dimitris N.

Risk management technology in financial services : risk control, stress testing, models, and IT systems and structures / Dimitris N. Chorafas.

2024-05-21T15:28:53Z

by Chorafas, Dimitris N.
Call Number 332.10684 22
Publication Date 2007
Summary 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. * Written in clear, straightforward style for financial industry executives to provide necessary information for risk control decisionmaking * Consistent with GARP, IFRS and IASB risk management processes and procedures * Explains stress testing and its place in risk control.
Format: Electronic Resources
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Stress testing for risk control under Basel II / Dimitris N. Chorafas.

2024-05-21T15:28:53Z

by Chorafas, Dimitris N.
Call Number 658.155 22
Publication Date 2007
Summary The Consultative paper issued by the Basel Committee on Banking Supervision (Basel II) cites the failure of bankers to adequately stress test exposures as a major reason for bad loans. Sample quotes from this crucial document: * "Banks should take into consideration potential future changes in economic conditions when assessing individual credits and their credit portfolios, and should assess their credit risk exposures under stressful conditions." * "The recent disturbances in Asia and Russia illustrate how close linkages among emerging markets under stress conditions and previously undetected correlations between market and credit risks, as well as between those risks and liquidity risk, can produce widespread losses." * "Effective stress testing which takes account of business or product cycle effects is one approach to incorporating into credit decisions a fuller understanding of a borrower's credit risk." Written for professionals in financial services with responsibility for IT and risk measurement, management, and modeling, Dimitris Chorafas explains in clear language the testing methodology necessary for risk control to meet Basel II requirements. Stress testing is the core focus of the book, covering stress analysis and the use of scenarios, models, drills, benchmarking, backtesting, and post-mortems, creditworthiness, wrong way risk and statistical inference, probability of default, loss given default and exposure at default, stress testing expected losses, correlation coefficients, and unexpected losses, stress testing related to market discipline and control action, and pillars 2 and 3 of Basel II. * Written in clear, straightforward style with numerous practical examples * Based on five years of development and research * Focuses on stress probability of default, stress loss given default, stsress exposure at default.
Format: Electronic Resources
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Wealth management : private banking, investment decisions and structured financial products / Dimitris N. Chorafas.

2024-05-21T15:28:53Z

by Chorafas, Dimitris N.
Call Number 332.632 22
Publication Date 2006
Format: Electronic Resources
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IFRS, fair value and corporate governance [electronic resource] : the impact on budgets, balance sheets and management accounts / Dimitris N. Chorafas.

2024-05-21T15:28:53Z

by Chorafas, Dimitris N.
Call Number 657.0218 21
Publication Date 2006
Format: Electronic Resources
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