In the last decade rating-based models have become very popular in credit risk management. These systems use the rating of a company as the decisive variable to

Credit risk is today one of the most intensely studied topics in quantitative finance. This book provides an introduction and overview for readers who seek an u

The long-awaited, comprehensive guide to practical credit risk modeling Credit Risk Analytics provides a targeted training guide for risk managers looking to ef

Contains Nearly 100 Pages of New MaterialThe recent financial crisis has shown that credit risk in particular and finance in general remain important fields for

This first of three volumes on credit risk management, providing a thorough introduction to financial risk management and modelling.