The risk of inertia, and of change

Risk analysis

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It is hard to believe that it has been 35 years since Alvin Toffler coined a phrase for the disorientation caused by living in a world characterised by bewilderingly rapid change. In fact, the first edition of Future Shock appeared in 1970, before the first and second oil shocks, before the invention of the PC, before the collapse of the Soviet Union, before the advent of the internet and the dotcom boom and bust, and before 9/11. Yes, the integrated circuit had been invented and

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Calibrating interest rate curves for a new era

Dmitry Pugachevsky, director of research at Quantifi, explores why building an accurate and robust interest rate curve has considerable implications for a broad range of financial operations – from setting benchmark rates to managing risk – and hinges on…

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