Understanding and Managing Model Risk: A Practical Guide for Quants, Traders and Validators (The Wiley Finance Series) (pdf)

Description

Whereas the majority of quantitative finance books focus on mathematics and risk management books focus on regulatory aspects,

but translates them into practical suggestions to reduce the likelihood of model losses, basing model risk and validation on market experience and on a wide range of real-world examples, with a high level of detail and precise operative indications.