rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Modern Credit Risk Management
    sub title: Theory and Practice
  name:
    name part: Koulafetis, Panayiota.
    role:
      role term: creator
    role:
      role term: author.
  name:
    name part: SpringerLink (Online service)
  type of resource: text
  origin info:
    place:
      place term: xxk
    date issued: 2017
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: electronic
    form: electronic resource
    reformatting quality: access
    form: remote
    extent: XVII, 234 p. 28 illus. online resource.
  abstract: Modern Credit Risk Management: From Theory to Practice is a practical guide to the latest risk management tools and techniques applied in the market to assess and manage credit risks at bank, sovereign, corporate and structured finance level. It strongly advocates the importance of sound credit risk management and how this can be achieved with prudent origination, credit risk policies, approval process, setting of meaningful limits and underwriting criteria. The book discusses the various quantitative techniques used to assess and manage credit risk, including methods to estimate default probabilities, credit value at risk approaches and credit exposure analysis. Basel I, II and III are covered, as are the true meaning of credit ratings, how these are assigned, their limitations, the drivers of downgrades and upgrades, and how credit ratings should be used in practise is explained. Modern Credit Risk Management not only discusses credit risk from a quantitative angle but further explains how important the qualitative and legal assessment is. Credit risk transfer and mitigation techniques and tools are explained, netting, ISDA master agreement, schedule and CSA, centralised counterparty clearing and margin collateral are all covered, as are overcollateralization, covenants and events of default. Credit derivatives are also explained, Total Return Swaps (TRS), Credit Linked Notes (CLN) and Credit Default Swaps (CDS). Furthermore, the author discusses what we have learned from the financial crisis of 2007 and sovereign crisis of 2010 and how credit risk management has evolved. Finally the book looks at the new regulatory environment, looking beyond Basel to the European Union (EU) Capital Requirements Regulation and Directive (CRR-CRD) IV, the Dodd–Frank Wall Street Reform and Consumer Protection Act. This book presents a fully up to date resource for credit risk practitioners everywhere, outlining the latest best practices, and providing both quantitative and qualitat…
  table of contents: 1. Introduction -- 2. Quantitative Credit Risk Analysis and Management -- 3. Credit Ratings -- Chapter 4. Credit Risk Assessment of Sovereigns, Banks and Corporates -- 5. Credit Risk Assessment of Structured Finance Securities -- 6. Qualitative Credit Risk Analysis and Management -- 7. Credit Risk Transfer and Mitigation -- 8. Regulation.-.
  note: by Panayiota Koulafetis.
  subject:
    topic: Finance
  subject:
    topic: Risk management
  subject:
    topic: Finance
  subject:
    topic: Risk Management
  related item:
    title info:
      title: Springer eBooks
  identifier: 9781137524072
  identifier: http://dx.doi.org/10.1057/978-1-137-52407-2
  record info:
    record creation date: 170208
    record change date: 20170210021520.0
    record identifier: 978-1-137-52407-2