Enterprise Risk Management in Finance is a guide to measuring and managing Enterprise-wide risks in financial institutions. Financial institutions operate in a unique manner when compared to other businesses. They are, by the nature of their business, highly exposed to risk at every level, and indeed employ their own risk management functions to manage many of these risks. However, financial firms are also highly exposed at enterprise level. Traditional approaches and frameworks for ERM are flawed when applied to banks, asset managers or insurance houses, and a different approach is needed.

This new book provides a comprehensive, technical guide to ERM for financial institutions. Split into three parts, it first sets the scene, putting ERM in the context of finance houses. It will examine the financial risks already inherent in banking, and then insurance operations, and how these need to be accounted for at a floor and enterprise level. The book then provides the necessary tools to implement ERM in these environments, including performance analysis, credit analysis and forecasting applications. Finally, the book provides real life cases of successful and not so successful ERM in financial institutions.

Technical and rigorous, this book will be a welcome addition to the literature in this area, and will appeal to risk managers, actuaries, regulators and senior managers in banks and financial institutions.

《金融企业风险管理》是衡量和管理金融机构企业风险的指南。与其他业务相比，金融机构的运作方式独特。根据其业务性质，他们在各个层面都高度暴露于风险之中，实际上他们利用自己的风险管理职能来管理其中的许多风险。然而，金融公司在企业层面的风险敞口也很高。传统的企业风险管理方法和框架在应用于银行、资产管理公司或保险公司时存在缺陷，需要采用不同的方法。
这本新书为金融机构提供了全面的企业风险管理技术指南。本文分为三个部分，首先将企业风险管理放在金融机构的背景下进行阐述。它将研究银行业固有的金融风险，然后是保险业务，以及如何在楼层和企业层面考虑这些风险。然后，本书提供了在这些环境中实现ERM的必要工具，包括性能分析、信用分析和预测应用程序。最后，这本书提供了现实生活中的成功和不太成功的企业风险管理在金融机构的案例。
技术和严格，这本书将是一个受欢迎的补充，在这方面的文献，并将呼吁风险经理，精算师，监管机构和高级管理人员在银行和金融机构。