ISBN 9781119990246,Measuring And Managing Liquidity Risk

Measuring And Managing Liquidity Risk


John Wiley



John Wiley

Publication Year 2013

ISBN 9781119990246

ISBN-10 1119990246

Hard Back

Number of Pages 672 Pages
Language (English)

Business & management

A fully uptodate, cuttingedge guide to the measurement and management of liquidity risk Written for front and middle office risk management and quantitative practitioners, this book provides the groundlevel knowledge, tools, and techniques for effective liquidity risk management. Highly practical, though thoroughly grounded in theory, the book begins with the basics of liquidity risks and, using examples pulled from the recent financial crisis, how they manifest themselves in financial institutions. The book then goes on to look at tools which can be used to measure liquidity risk, discussing risk monitoring and the different models used, notably financial variables models, credit variables models, and behavioural variables models, and then at managing these risks. As well as looking at the tools necessary for effective measurement and management, the book also looks at and discusses current regulation and the implication of new Basel regulations on management procedures and tools.