Limit search to available items
Book Cover
E-book
Author Aarons, Mark, 1975- author

Title Securitisation swaps : a practitioner handbook / Mark Aarons, Vlad Ender, Andrew Wilkinson
Published Chichester, West Sussex, United Kingdom : John Wiley & Sons Ltd, 2019
©2019
Online access available from:
Safari O'Reilly books online    View Resource Record  
ProQuest Ebook Central Subscription    View Resource Record  

Copies

Description 1 online resource
Series Wiley finance series
Wiley finance series
Contents Overview of structured funding -- Asset-backed debt structures -- Swaps in structured funding -- Swap prepayment risk -- Swap extension risk -- Downgrade risk -- Deal management
Summary Develop the skillset essential to successful securitisation swaps management Securitisation Swaps is a complete practitioner's guide to this unique and complex class of derivatives. This detailed examination follows the entire life cycle of securitisation swaps to give quants, structurers, traders, originators, issuers and lawyers a common reference for understanding their shared objective. Broad in scope to provide a common-ground perspective - yet detailed enough to promote full understanding - the discussion takes a distinctly cross-disciplinary approach that encompasses the multi-faceted knowledge base required to successfully execute these complex trades. Despite the fact that the size of the market is trillions of dollars in notional principal, securitisation swaps have thus far been neglected in both academic and practitioner literature. The numerous stakeholders that work together on these complex deals will all greatly benefit from a thorough understanding of their underlying risks and gain deep insight into the perspectives of each stakeholder. This invaluable guide provides multi-disciplinary insight that allows practitioners to: -Manage securitisation swaps more effectively, from pre-trade structuring and modelling to post-trade risk management and accounting -Understand the elements of securitisation and covered bonds, and how swaps mitigate risk in these types of transactions -Explore how securitisation swaps differ from other derivatives and delve into their three specific risk factors - swap prepayment risk, swap extension risk and downgrade risk -Learn practical methods and strategies of risk management, accounting, pricing and transaction execution When securitisation trades go wrong, they become front-page news - but when each participant understands accurate modelling, risk mitigation, optimal structuring, costs, pricing, commercial backgrounds and other integral practices, they are able to work together to achieve a shared objective. Securitisation Swaps provides the essential knowledge that streamlines and safeguards these important trades
Bibliography Includes bibliographical references and index
Notes Description based on online resource; title from digital title page (viewed on March 06, 2019)
Subject Derivative securities -- Handbooks, manuals, etc
BUSINESS & ECONOMICS / Finance
Derivative securities.
Genre/Form Handbooks and manuals.
Form Electronic book
Author Ender, Vlad, 1974- author
Wilkinson, Andrew, 1979- author
LC no. 2018048782
ISBN 1119532302
1119532337
1119532345
9781119532309
9781119532330
9781119532347