(The Wiley Finance Series) 1st Edition
by Dong Qu (Author)
Manufacturing and Managing Customer-Driven Derivatives
Manufacturing and Managing Customer-Driven Derivatives
sheds light on customer-driven derivative products and their
manufacturing process, which can prove a complicated topic for even
experienced financial practitioners. This authoritative text offers
up-to-date knowledge and practices across a broad range of topics that
address the entire manufacturing, pricing and risk management process,
including practical knowledge and industrial best practices. This
resource blends quantitative and business perspectives to provide an
in-depth understanding of the derivative risk management skills that are
necessary to adopt in the competitive financial industry.
Manufacturing
and managing customer-driven derivative products have become more
complex due to macro factors such as the multi-curve environments
triggered by the recent financial crises, stricter regulatory
requirements of consistent modelling and managing frameworks, and the
need for risk/reward optimisation.
- Explore the fundamental
components of the derivatives business, including equity derivatives,
interest rates derivatives, real estate derivatives, and real life
derivatives, etc.
- Examine the life cycle of manufacturing derivative products and practical pricing models
- Deep
dive into a wide range of customer-driven structured derivative
products, their investment or hedging payoff features and associated
risk exposures
- Examine the implications of changing regulatory standards, which can increase costs in the banking sector
- Discover
practical yet sophisticated product analysis, quantitative modeling,
infrastructure integration, risk analysis, and hedging analysis
- Gain insight on how banks should handle complex derivatives products
Manufacturing and Managing Customer-Driven Derivatives
is an essential guide for quants, structurers, derivatives traders,
risk managers, business executives, insurance industry professionals,
hedge fund managers, academic lecturers, and financial math students who
are interested in looking at the bigger picture of the manufacturing,
pricing and risk management process of customer-driven derivative
transactions.
