The Essentials of Risk Management, Third Edition: Edition 3
About this ebook
When it was first published in 2005, The Essentials of Risk Management became an instant classic in risk management. Now, the authors provide a comprehensively updated and revised edition to help you succeed in a world rocked by unprecedented changes.
Combining academic research with real-world applications, this bestselling guide provides the expert insights that has made it so popular for so many years, covering the most effective ways to measure and transfer credit risk, increase risk-management transparency, and implement an organization-wide enterprise risk management approach. In addition, it covers a wide range of new issues, including:
- Fallout from the COVID pandemic
- New emerging risks associated with digital finance
- The effect of climate change on risk management
- Game-changing new technologies like machine learning, artificial intelligence, and distributed ledger technology
About the author
Dr. Michel Crouhy, a managing partner at Black Diamond Advisory, serves as a senior advisor to NATIXIS. Previously, he was head of Research and Development at Natixis and head of Risk Analytics at the Canadian Imperial Bank of Commerce. Crouhy is a member of the Research Advisory Council of the Global Risk Institute, a member of the Scientific Executive Board of the Louis Bachelier Institute, and a cofounder of PRMIA.
Dr. Dan Galai is the Abe Gray Professor (Emeritus) of Finance and Business Administration at the Hebrew University, Jerusalem, School of Business Administration. He serves on the boards of a new digital bank and a few technology startups. Dan is a cofounder of PRMIA.
Dr. Robert Mark is a managing partner at Black Diamond Risk and serves on several boards. Previously, he led treasury/trading activities and was a Chief Risk Officer at Tier 1 banks. Mark was the partner in charge of a top-tier accounting company's Financial Risk Management Consulting practice, is the founding executive director of the MFE Program at UCLA, a past GARP Risk Manager of the Year, and a cofounder of PRMIA.
