Theoretical Foundations for Quantitative Finance

✍ Scribed by Luca Spadafora; Gennady P Berman

• Publisher: World Scientific Publishing Company
• Year: 2017
• Tongue: English
• Leaves: 223
• Category: Library

✦ Synopsis

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.