Tag Archives: quantitative finance

Market Risk Management and Analytics

Market Risk Management Analytics is where I started my banking career. It may be a good place for quantitative professionals to start. Here is a summary of what MRM and Analytics do. Continue reading

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Credit Risk Management

Risk management is a critical function of Middle Office. Here is a look at Credit Risk Management. Continue reading

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Middle Office

Moving from the risk taking side (Front Office) to the risk control side (Middle Office), this post gives you a general outline of what this second office does. Continue reading

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Quantitative Developers

On the vital role of quantitative developers in an investment bank. Continue reading

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Trading Desks

The profit centers of an investment bank, trading desks command enormous prestige. And bonuses, which can easy range up to a few times their annual salary. Continue reading

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Sales and Structuring

Sales – another crucial team in the Front Office of any bank. Continue reading

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Economists

Economists (with too many hands) find their place in Front Office of investment banks. Continue reading

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Front Office

Front Office, the world and customer facing side of an investment bank, houses both the rainmakers and rogue-traders, along with their support teams. Continue reading

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Structure of a Bank

A short introduction to the static structure of an investment bank. We will have much more to say about it later on. Continue reading

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Trading Platform

What is a trading platform? Why does everybody want it? And how do we get one? Third post in this series on quantitative development. Continue reading

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Agendas

Here is the agenda of these posts. And more than you wanted to know about all sorts of agendas. Continue reading

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Off the Beaten Track

First post in a long series on Principles of Quantitative Development , on how an investment bank works. Continue reading

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Risk – Wiley FinCAD Webinar

This post is an edited version of my responses in a Webinar panel-discussion organized by Wiley-Finance and FinCAD. The freely available Webcast is linked in the post, and contains responses from the other participants — Paul Wilmott and Espen Huag. An expanded version of this post may later appear as an article in the Wilmott Magazine.

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Risk: Interpretation, Innovation and Implementation

An invite to a Webinar organized by FinCAD and Wiley Global Finance, featuring Paul Wilmott, Epsen Haug and yours faithfully… Continue reading

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Physics vs. Finance

The last post in this series of Love of Math looks at how math gets used in physics and finance. Or, more precisely, how one has to be careful about the assumptions in modeling stuff, and the pitfalls of (the lack of) error propagation.

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Math and Patterns

Most kids love patterns. Math is just patterns. So is life. Math, therefore, is merely a formal way of describing life, or at least the patterns we encounter in life. So, where is the difficulty in loving maths? Here is the second post in this series.

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Love of Math

This is another short series of posts on love of math — that questionable gift. Recently, I was asked to think about how to make kids love math. Here are my thoughts, as the first of three posts. This article will be published in Wilmott Magazine. Continue reading

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In Our Defense

Here is an article defending (to some extent) the insane salary expectations of the elite bankers and traders. And quants. This piece will appear in my regular column in Wilmott Magazine. Continue reading

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Money — Love it or Hate it

This concluding part of the philosophy of money (to appear as a column in the May issue of the Wilmott Magazine) shares my private disappointment that whatever I wrote up may not have been as original as I expected it to be. But the concept of money has been around for a long time now, so I should not dwell on it too much. Continue reading

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Money — Why do We Crave it?

Having looked at the how of money in the last post, here is the why of money in this third post in the my mini-series. Why do we want it so bad? Continue reading

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