Quantitative analysis
Bound to rebalance
Investment management
Stress tests and risk capital
For many financial institutions, "stress tests" are an important input into processes that set risk capital allocations. In the current regulatory environment, two distinct model-based approaches for setting regulatory capital requirements include stress…
Pricing the weather
Weather derivatives
Beyond the lognormal
Value-at-risk
The pitfalls of VAR estimates
Value-at-risk
HJM with multiples
Term structure of credit
Great realisations
Volatility estimation
Calibrating random volatility
Stochastic volatility
Tailor-made for tails
Hedging strategies
Volatility swaps made simple
Volatility
Calculating with counterparties
Masterclass – with JP Morgan
Bachelier’s ‘Theory of speculation’
100 years of risk management
Modelling credit migration
Masterclass – with JP Morgan
Haircuts for hedge funds
Collateral
Pricing liquidity into derivatives
Volatility
The price of credit
Masterclass – with JP Morgan
Value under liquidation
Liquidity
A coherent framework for stress testing
In recent months and years, practitioners and regulators have embraced the idea of supplementing value-at-risk estimates with "stress testing". Risk managers are beginning to place an emphasis and expend resources on developing more and better stress…
Jumping smiles
Options
Maturity mismatch
Credit risk
On the edge of completeness
Credit derivatives
In praise of bar data
Forex markets
Uncertain volatility
Market risk