02703nam 2200529 450 99641827310331620210820141224.03-030-57496-210.1007/978-3-030-57496-3(CKB)4100000011457794(DE-He213)978-3-030-57496-3(MiAaPQ)EBC6352855(PPN)250221802(EXLCZ)99410000001145779420210218d2020 uy 0engurnn#008mamaatxtrdacontentcrdamediacrrdacarrierFinancial models in production /Othmane Kettani; Adil Reghai1st ed. 2020.Cham, Switzerland :Springer,[2020]©20201 online resource (XIV, 61 p. 32 illus., 21 illus. in color.)SpringerBriefs in Finance,2193-17203-030-57495-4 Includes bibliographical references and index.1. Introduction -- 2. Black & Scholes Model -- 3. Local Volatility Model -- 4. Market Model P&L Explain.This book provides a hands-on guide to how financial models are actually implemented and used in practice, on a daily basis, for pricing and risk-management purposes. It shows how to put these models into use in production while minimizing the cost of implementation and maximizing robustness and control. Addressing some of the most important and cutting-edge issues, it describes how to build the necessary models in order to risk manage all the costs involved in options fabrication within the world of equity derivatives and hybrids. This is achieved by extending classical models and improving them in order to account for complex features. The book is primarily aimed at market practitioners (traders, risk managers, risk control, top managers), as well as Masters students in Quantitative/Mathematical Finance. It will also be useful for instructors hoping to enrich their courses with practical examples. The prerequisites are basic stochastic calculus and a general knowledge of financial markets and financial derivatives. .SpringerBriefs in Finance,2193-1720Bank managementBank liquidityBanks and bankingRisk managementBank management.Bank liquidity.Banks and bankingRisk management.519.2Kettani Othmane1065726Reghai AdilMiAaPQMiAaPQMiAaPQBOOK996418273103316Financial models in production2547656UNISA