An advanced method for financial institutions to optimize Asset Liability Management for maximized return and minimized risk Financial institutions today are fa

Introduces practical approaches for optimizing management and hedging of Interest Rate Risk in the Banking Book (IRRBB) driven by fast evolving regulatory lands

Banks are a vital part of the global economy, and the essence of banking is asset-liability management (ALM). This book is a comprehensive treatment of an impor

Recent years have shown an increase in development and acceptance of quantitative methods for asset and liability management strategies. This book presents stat

In spite of theoretical benefits, Markowitz mean-variance (MV) optimized portfolios often fail to meet practical investment goals of marketability, usability, a