Methods for sound risk management are of increasing interest among Wall Street investment banking andbrokerage firms in the aftermath of the October 1987 crash of the stock market. We present an overview of thebasic definitions and issues related to risk, and the management of financial risk and...

Methods for sound risk management are of increasing interest among Wall Street investment banking andbrokerage firms in the aftermath of the October 1987 crash of the stock market. As the knowledge of advancedtechnology applications in risk management increases, financial firms are finding...