The current financial crisis has revealed serious flaws in models, measures and, potentially, theories, that failed to provide forward-looking expectations for

Financial Risk Forecasting is a complete introduction to practical quantitative risk management, with a focus on market risk. Derived from the authors teaching

The financial systems in most developed countries today build up a large amount of model risk on a daily basis. However, this is not particularly visible as the

Limitations in today's software packages for financial modeling system development can threaten the viability of any system--not to mention the firm using that