Counterparty Credit Risk, Collateral and Funding: With Pricing Cases For All Asset Classes Damiano Brigo, Massimo Morini, Andrea Pallavicini
Publisher: Wiley

There is great variation in the use of collateral by asset class. The Handbook of Fixed Income Securities, Eighth Edition. Feb 23, 2014 - Modelling Single-Name and Multi-Name Credit Derivatives (The Wiley Finance Series). Even trades that The International Swaps and Derivatives Association's 2010 Margin Survey of derivatives dealers and participants suggests 70% of all OTC transactions are subject to collateral agreements. The asset is housing, it is very difficult to adopt anti-moral hazard policies when asset prices are spiraling downwards - and even more if the poorer classes of the population are affected, as it is the case with the subprime problem in the US. Oct 10, 2007 - Since the month of August, economists have been trying to understand why something that was supposed to be positive for global growth, namely the diversification of risk through securitization, had turned out to be the source of the recent crisis. Feb 24, 2012 - Collateralization of assets gives lenders a sufficient level of reassurance against default risk, which allows loans to be issued to individuals / companies and corporate with less than optimal credit history and / or debt rating. As the Geopolitical, Economic, and Financial Risks Mount, so too do the Risks of Major Counter-Party Failure. The increasing risk Optimization, Limited, Automated across all asset types In the case of triparty collateral management, the process is outsourced to a neutral agent to perform with a view to manage Reduce Operational, Settlement, Market and Liquidity risks. Oct 8, 2010 - Some firms and their trade bodies have claimed that mandatory central clearing could even deter companies from hedging, leaving them more exposed to price risks. Sep 15, 2013 - Identifying Major Risks to Ostensibly Safe Assets is the First Essential step to Effective Self-Reliance Investing.