Faithin Omaha eBook Collection

Download or read book CreditRisk+ in the Banking Industry written by Matthias Gundlach and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: CreditRisk+ is a widely implemented default-mode model of portfolio credit risk, based on a methodology borrowed from actuarial mathematics. This book gives an account of the status quo as well as of new and recent developments of the credit risk model CreditRisk+, which is widely used in the banking industry. It gives an introduction to the model itself and to its ability to describe, manage and price credit risk. This timely book will be an indispensable tool.