Other available formats:
Looking for an inspection copy?
This title is not currently available for inspection. However, if you are interested in the title for your course we can consider offering an inspection copy. To register your interest please contact email@example.com providing details of the course you are teaching.
This comprehensive, yet accessible, guide to enterprise risk management for financial institutions contains all the tools needed to build and maintain an ERM framework. It discusses the internal and external contexts with which risk management must be carried out, and it covers a range of qualitative and quantitative techniques that can be used to identify, model and measure risks. This new edition has been thoroughly updated to reflect new legislation and the creation of the Financial Conduct Authority and the Prudential Regulation Authority. It includes new content on Bayesian networks, expanded coverage of Basel III, a revised treatment of operational risk and a fully revised index. Over 100 diagrams are used to illustrate the range of approaches available, and risk management issues are highlighted with numerous case studies. This book also forms part of the core reading for the UK actuarial profession's specialist technical examination in enterprise risk management, ST9.Read more
- Forms part of the core reading ST9, for the UK actuarial profession's specialist technical examination in enterprise risk management
- Includes many worked examples and a wide range of case studies
- Contains exercises for each chapter, with solutions available at the end of the book
Reviews & endorsements
Review of previous edition: 'Provides all the tools required to build and maintain a comprehensive ERM framework, covering a range of qualitative and quantitative techniques and their uses in identifying, assessing, modelling and measuring risk.' Actuary MagazineSee more reviews
'In total, this book provides not only a very comprehensive and accessible introduction to financial enterprise risk management, but also covers advanced topics such as Bayesian networks and current regulatory developments such as Basel III. It clearly demonstrates the importance of risk management for financial institutions and outlines detailed steps and procedures that can be taken to obtain a firm understanding of risk. The book discusses the specific advantages and limitations of current risk management tools and frameworks and provides rich guidance on how to implement ERM on a comprehensive level.' Matthias M. M. Buehlmaier, zbMATH
Not yet reviewed
Be the first to review
Review was not posted due to profanity×
- Edition: 2nd Edition
- Date Published: August 2017
- format: Hardback
- isbn: 9781107184619
- length: 614 pages
- dimensions: 255 x 182 x 31 mm
- weight: 1.36kg
- contains: 120 b/w illus. 25 tables 150 exercises
- availability: In stock
Table of Contents
1. An introduction to enterprise risk management
2. Types of financial institution
4. The internal environment
5. The external environment
6. Process overview
7. Definitions of risk
8. Risk identification
9. Some useful statistics
10. Statistical distributions
11. Modelling techniques
12. Extreme value theory
13. Modelling time series
14. Quantifying particular risks
15. Risk assessment
16. Responses to risk
17. Continuous considerations
18. Economic capital
19. Risk frameworks
20. Case studies
21. Solutions to questions
Find resources associated with this titleYour search for '' returned .
Type Name Unlocked * Format Size
This title is supported by one or more locked resources. Access to locked resources is granted exclusively by Cambridge University Press to lecturers whose faculty status has been verified. To gain access to locked resources, lecturers should sign in to or register for a Cambridge user account.
Please use locked resources responsibly and exercise your professional discretion when choosing how you share these materials with your students. Other lecturers may wish to use locked resources for assessment purposes and their usefulness is undermined when the source files (for example, solution manuals or test banks) are shared online or via social networks.
Supplementary resources are subject to copyright. Lecturers are permitted to view, print or download these resources for use in their teaching, but may not change them or use them for commercial gain.
If you are having problems accessing these resources please contact firstname.lastname@example.org.
Sorry, this resource is locked