With a series of experts considering financial services risk management in each of its key areas, Frontiers of Risk Management: Key Issues and Solutions enables the reader to appreciate a practitioners view of the challenges that are faced in practice identifying where appropriate suitable opportunities.

Table of Contents

• Foreword
• Introduction
• Total Risk Management
• The Cultural Frontiers of Total Risk Management - Dennis Cox
• Strategic Risk: Bringing the Discussion into the Boardroom - Craig Cohon
• Risk Management and Corporate Finance - Frank Moxon
• The Risk Management of Asset Management - Dennis Cox
• Market Risk
• Asset Liability Management in Major Banks - Asif Ahmed
• Treasury and Asset/Liability Management - Thomas Day
• The Risks Within the Hedge Fund Industry - Diccon Smeeton
• Derivatives Risk—OTC and ETD - Errol Danziger
• The Simple Art of Monte Carlo - Aaron Brown
• Correlation Causes Questions: Environmental Consistency Confidence in Wholesale Financial Institutions - Michael Mainelli
• Credit Risk
• Regulation and Credit Risk - Rod Hardcastle
• Citigroup's Basel-Ready Tool: The Consolidated Credit Risk Model - Jennifer Courant, Bryce Ferguson, and Ákos Felsővályi
• Overcoming the Challenges in the Credit Derivatives Market - Pontus Eriksson
• The Use of Credit Rating Agencies and Their Impact on the IRB Approach - Markus Krebsz, Gary van Vuuren, and Krishnan Ramadurai
• Operational Risk
• Frontiers of Operational Risk Management - Ralph Nash and Ioanna Panayiotidou
• The Issues Relating to the Use of Operational Loss Data—Internal and External - David Breden
• Stress Testing and Risk Management - Stuart Burns
• Money Laundering Deterrence: The Challenge of Applying a Risk-Based Approach - David Blackmore
• Outsourcing and Risk Management - Nina Sodha
• Other Risk
• Developments Within IT and Online Banking - Dilip Krishna
• Risk Management and Financial Control - Angela Caldara
• The Risks of Outsourcing - Roger Bach
• Insurance and Risk Management - Anthony Smith and Dennis Cox
• Developments in Pension Fund Risk - Paul Sweeting
• Bibliography
• Authors Biography