Methods for Risk Management
a 3-day no more "black-box" philosophy is used to explain
quantitative methods to apply to real world valuation and risk management
provide a lucid explanation of those quantitative methods which are required
for, or arise in the natural course of transacting and managing securities and
principle focus is on understanding the uses and misuses of mathematical methods
and “models” which are required in everyday business
come to grips with the foundation of these methods and a consolidation of the
techniques and ideas
never have to worry about using a “black-box” again
keep focus on P&L regardless of "theory"
techniques mean and don’t mean, and when and when not to use specific
understand and have working knowledge of specific techniques
market professionals with 2-years experience
really intended for experienced quants (unless they want to know how trader’s
Curves and Surfaces for Risk Managers:
splines, yield curves, volatility surfaces analysis
The Answer is in the Root: “root
finding” as in implied volatility, yield from price, compound options etc.
as the inverse Options Problem: practical
introduction to classification and integration method for determining VaR
Valuation and Risk Management Under
Uncertainty a lucid introduction to the methods (calculus)
of uncertain (stochastic) processes as applied to assessing value and risk of
securities and derivatives
Understanding (Options) Models: where they come from, what they mean, a down to earth
explanation of the intuition behind, and the models used for securities and
options pricing, and term structure representation
Solving the Problem:
a practitioner’s guide to the techniques available for “solving”
securities risk models, options models, term structure models and related
Portfolio Simulation and Hedging
Efficiency: an introduction to the methods required for real
world portfolio risk management including backward and forward VaR efficiency
(are you over VaR’d?).
comprehensive and extensively illustrated Handout Notes (see samples
Plus copies of relevant TG2 Books/e-Books
Seminars can be tailored to your trading, risk, client, and systems needs.
Submit your needs, and/or "cut/paste" from other Seminars (see entire "standard"