THEORETICAL FOUNDATIONS FOR QUANTITATIVE FINANCE

THEORETICAL FOUNDATIONS FOR QUANTITATIVE FINANCE

Forfatter: Gennady P Berman, Luca Spadafora
Forlag: World Scientific Publishing Company
Udgivelsesdato: 2017
ISBN: 9789813202474

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This book provides simple introduction to quantitative finance for students and junior quants who want to approach the typical industry problems with practical but rigorous ambition. It shows a simple link between theoretical technicalities and practical solutions. Mathematical aspects are discussed from a practitioner perspective, with a deep focus on practical implications, favoring the intuition and the imagination. In addition, the new post-crisis paradigms, like multi-curves, x-value adjustments (xVA) and Counterparty Credit Risk are also discussed in a very simple framework. Finally, real world data and numerical simulations are compared in order to provide a reader with a simple and handy insight on the actual model performances.

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