Gestion des risques financiers et construction de portefeuille
Date de publication :
24/05/2009
Langue :
Anglais
Format :
.doc
Nombre de pages :
9 pages
Sommaire :
Sommaire
- Measuring operational risk
- The market risk
- Risk management and portfolio construction in times of crisis
- A trading book
Résumé :
Measuring operational risk allows in so many ways to anticipate the continuous and discrete potential risks that hold many intangible elements. Through sophistical trends, we could measure how it could affect any project on the long term and involve its management ways. Even the measurement needs to be improved all the time according to the global changes, measuring risks brings many benefits:
It allows the risk management and focusing on the more profitable one
It allows efficient metrics regarding to the risk/return ratio which allow aligning the corporate policies with the corporate strategic goals.
It ropes a risk-aware culture in the business
It allows the competitive implementation and the market areas domination through analysis and elements sensibly estimated.
But we feel also whatever the measurement of operational risk, a risk management also needs to be accompanying by a global context, a history and a visionary vision for the future.
The dollar value is often referred as a method used to measure interest rate risk. In measuring impact on financial instrument's value, the DV01 - or the basis point value - turns on how much you can lose or gain for a 0, 01% parallel movement in a yield curve.
It allows the risk management and focusing on the more profitable one
It allows efficient metrics regarding to the risk/return ratio which allow aligning the corporate policies with the corporate strategic goals.
It ropes a risk-aware culture in the business
It allows the competitive implementation and the market areas domination through analysis and elements sensibly estimated.
But we feel also whatever the measurement of operational risk, a risk management also needs to be accompanying by a global context, a history and a visionary vision for the future.
The dollar value is often referred as a method used to measure interest rate risk. In measuring impact on financial instrument's value, the DV01 - or the basis point value - turns on how much you can lose or gain for a 0, 01% parallel movement in a yield curve.
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