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Technology Challenges and Solutions in Value at Risk ApplicationsPublished by: TowerGroup Published: Dec. 1, 1999 - 9 Pages Table of ContentsHighlights Introduction Background Technology and VaR Conclusion AbstractValue-at-risk analyses use basic statistical principles to model the volatility of a wide range of financial products. Currently, VaR is being used by institutions and regulators to assess and monitor risk on all levels from individual trades, to trader portfolios, to enterprise-wide risk exposure. This TowerGroup Research Note provides a basic understanding of how value at risk (VaR) is calculated, its strengths and weaknesses, and how it is applied in the world of financial modeling. It also provides an overview of the key technology issues and the leading technology vendors that support VaR analysis.Get Full Details About This Report >> |
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