HOUSTON (PRWEB) April 22, 2021
Roberto Salomon, Ph.D., a retired member of the Market Risk Policy Committee (MRPC) at Citibank, has completed his new book “Managing Risk in Financial Institutions: A Comprehensive Approach,” which proposes a unified process for the measurement of market and credit risk in order to avoid double counting.
Dr. Salomon writes, “Effective risk management can only be achieved by a comprehensive view, integrating the seemingly separate components. Experience has shown that even with sophisticated techniques of price or credit risk management in place, ineffective operational processes can cause severe problems leading in some cases to the bankruptcy of a company.”
Published by Page Publishing, Roberto Salomon’s insightful work discusses the elements of a sound risk management process, including segregation of functions, limit setting, new product approval, model validation, rate reasonability check, liquidity monitoring, portfolio review, and stress test.
The intention of the book is not to act as a technical guide, but rather to provide an integrated view based on the author’s many years of experience in taking and managing risk in a top-tier financial institution.
Readers who wish to experience this informative work can purchase “Managing Risk in Financial Institutions: A Comprehensive Approach” at bookstores everywhere, or online at the Apple iTunes Store, Amazon, Google Play, or Barnes and Noble.
For additional information or media inquiries, contact Page Publishing at 866-315-2708.
About Page Publishing:
Page Publishing is a traditional, full-service publishing house that handles all the intricacies involved in publishing its authors’ books, including distribution in the world’s largest retail outlets and royalty generation. Page Publishing knows that authors need to be free to create, not mired in logistics like eBook conversion, establishing wholesale accounts, insurance, shipping, taxes, and so on. Page’s accomplished writers and publishing professionals allow authors to leave behind these complex and time-consuming issues and focus on their passion: writing and creating. Learn more at http://www.pagepublishing.com.