Credit Risk Frontiers

<b>A timely guide to understanding and implementing credit derivatives</b> <p>Credit derivatives are here to stay and will continue to play a role in finance in the future. But what will that role be? What issues and challenges should be addressed? And what lessons can be learned from the credit mess?</p> <p><i>Credit Risk Frontiers</i> offers answers to these and other questions by presenting the latest research in this field and addressing important issues exposed by the financial crisis. It covers this subject from a real world perspective, tackling issues such as liquidity, poor data, and credit spreads, as well as the latest innovations in portfolio products and hedging and risk management techniques.</p> <ul> <li>Provides a coherent presentation of recent advances in the theory and practice of credit derivatives</li> <li>Takes into account the new products and risk requirements of a post financial crisis world</li> <li>Contains information regarding various aspects of the credit derivative market as well as cutting edge research regarding those aspects</li> </ul> <p>If you want to gain a better understanding of how credit derivatives can help your trading or investing endeavors, then <i>Credit Risk Frontiers</i> is a book you need to read.</p>