Effective Product Control: Controlling for Trading Desks

By Peter Nash

Improve the Effectiveness of your Product Control Function

Effective Product Control is a detailed how-to guide covering everything you need to know about the function. Considered essential reading for:

New controllers entering the profession Auditors and regulators reviewing product control Established controllers wanting a refresher on the latest skills and core controls within the industry.

Encompassing both a technical skills primer and key insights into core controls used to mit-igate major risks emanating from trading desks, you will get expert advice on practical topics such as:

The key IFRS and U.S. GAAP accounting standards for a trading desk How to approach the pricing of a financial instrument Market risk and how is it quantified The controls necessary for a trading desk Rogue trading and how it can be detected Valuation adjustments and why they are necessary How the prices used to value a trading portfolio are independently verified The financial accounting entries used to record financial instruments in the balance sheet and profit & loss statement Financial reporting and how the results of a trading desk are presented How a new financial product can be introduced in a controlled manner

Complete with a wealth of insightful graphs, illustrations and real-world examples to enliven the covered material, the dependable answers you need are in Effective Product Control.

• Format: Hardcover
• Language: English
• ISBN: 1118939816
• ISBN13: 9781118939819
• Release Date: December 2017
• Publisher: Wiley
• Length: 384 Pages
• Weight: 1.60 lbs.
• Dimensions: 1.1" x 6.7" x 9.7"