LEADER 02705nam 2200529 450 001 9910483237603321 005 20210820141224.0 010 $a3-030-57496-2 024 7 $a10.1007/978-3-030-57496-3 035 $a(CKB)4100000011457794 035 $a(DE-He213)978-3-030-57496-3 035 $a(MiAaPQ)EBC6352855 035 $a(PPN)250221802 035 $a(EXLCZ)994100000011457794 100 $a20210218d2020 uy 0 101 0 $aeng 135 $aurnn#008mamaa 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aFinancial models in production /$fOthmane Kettani; Adil Reghai 205 $a1st ed. 2020. 210 1$aCham, Switzerland :$cSpringer,$d[2020] 210 4$dİ2020 215 $a1 online resource (XIV, 61 p. 32 illus., 21 illus. in color.) 225 1 $aSpringerBriefs in Finance,$x2193-1720 311 $a3-030-57495-4 320 $aIncludes bibliographical references and index. 327 $a1. Introduction -- 2. Black & Scholes Model -- 3. Local Volatility Model -- 4. Market Model P&L Explain. 330 $aThis book provides a hands-on guide to how financial models are actually implemented and used in practice, on a daily basis, for pricing and risk-management purposes. It shows how to put these models into use in production while minimizing the cost of implementation and maximizing robustness and control. Addressing some of the most important and cutting-edge issues, it describes how to build the necessary models in order to risk manage all the costs involved in options fabrication within the world of equity derivatives and hybrids. This is achieved by extending classical models and improving them in order to account for complex features. The book is primarily aimed at market practitioners (traders, risk managers, risk control, top managers), as well as Masters students in Quantitative/Mathematical Finance. It will also be useful for instructors hoping to enrich their courses with practical examples. The prerequisites are basic stochastic calculus and a general knowledge of financial markets and financial derivatives. . 410 0$aSpringerBriefs in Finance,$x2193-1720 606 $aBank management 606 $aBank liquidity 606 $aBanks and banking$xRisk management 615 0$aBank management. 615 0$aBank liquidity. 615 0$aBanks and banking$xRisk management. 676 $a519.2 700 $aKettani$b Othmane$01065726 702 $aReghai$b Adil 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910483237603321 996 $aFinancial models in production$92547656 997 $aUNINA