In this paper we outline the Lagrangian constrained optimization method to solve complex problems subject to constraints. Firstly we summarize the Lagrangian constrained optimization routine. Secondly we outline a detailed implementation strategy. Thirdly and finally we provide example and solve...

Libor is arguably the world's most important number, with more than USD 200 trillion of derivatives, loans, securities and mortgages referencing this rate in the US markets alone. The Libor benchmark rate is being replaced with alternative reference rates (ARRs) and there is no guarantee the...

We have performed a series of five strategic analyses of Japanese Megabanks. This paper is the last analysis in the series, where we compare RUFG and key competitors using a ‘strategy canvas' to assess competitiveness. Furthermore we evaluate the prospect of finding ‘blue ocean'...

We perform a series of five strategic analyses of Japanese Megabanks. This paper is the fourth analysis in the series, where we analyse the financial service industry dynamics to assess how Japanese Megabanks and RUFG should best position themselves to exploit opportunities, protect against...

We perform a series of five strategic analyses of Japanese Megabanks. This paper is the third analysis in the series, where we explore to what extent Japanese Megabanks and RUFG have a ‘core competencies' that are valuable, rare, inimitable, non-substitutable and whose benefits are...

We perform a series of 5 strategic analyses of Japanese Megabanks. This paper is the second analysis in the series, where we carry out a macro scenario analysis of financial services relevant to Japanese Megabanks. We look to study the implications such a scenario analysis has for corporate...

We perform a series of 5 strategic analyses of Japanese Megabanks. In this paper we review how changes in relative prioritization of stakeholders may impact corporate strategy at Japanese Megabanks. We look to answer the following questions via a case study with reference to RUS Megabank.Which...

In what follows we present systematic trading and discuss the benefits. We evaluate contemporary trends, the opportunities arising from machine learning and the operational cost challenges faced, leveraging on the history of the industry to demonstrate why maintaining a competitive edge is...

Interest rate instruments are typically priced by creating a non-arbitrage replicating portfolio in a risk-neutral framework. Bespoke instruments with timing, quanto and other adjustments often present arbitrage opportunities, particularly in complete markets where the difference can be...

Libor is arguably the world's most important number with more than USD 350 trillion of loans and financial contracts referencing this rate. Libor benchmark interest rates are being replaced with alternative reference rates (ARRs). There is no guarantee Libor rates will continue to be quoted...