Updated chapters on stress testing applications and refinements for current regulatory standards
Includes machine learning models and alternative stress testing approaches for modern risk management
Provides clear definitions and benchmarks for stress testing methodologies
Guides practitioners in selecting appropriate stress testing approaches for their institution
Edited by authoritative figures in financial regulation and risk management
Summarized by Shop
A financial institution's repertoire of tools has to be broad and dynamic in the post-crisis era. Stress testing has come a long way since the first edition, thinking has changed dramatically, and so the second edition of Stress Testing: Approaches, Methods and Applications has added chapters that address these refinements in thinking and