Structured Finance +CD: The Object Oriented Approach: 402

"This book is a unique blend of financial concepts and software tools. I have never seen anything like it. Thoughtfully and patiently, the authors weave together motivation, modeling background, data structures, and programming savvy. They are obviously masters of the subject. Any up and coming developer of valuation and risk management software for structured financial products should have a copy." Darrell Duffie, Dean Witter Distinguished Professor of Finance, Stanford University"An original and challenging book, combining fundamental programming concepts and financial modeling for portfolios and derivatives analysis." Helyette Geman, Birkbeck, University of London and ESSEC Business School"This is an excellent book that encourages financial experts and software Architects to collaborate on Structured Finance business. The book effectively describes the pricing, hedging and risk management for Structured Financial products along with the Object Oriented Programming. The derivatives are explained simply in terms of replicated portfolios and cash flows without any heavy mathematics so that IT engineers will find it easy to read." Ryozo Miura, Hitotsubashi University, Tokyo, Japan"Umberto Cherubini and Giovanni Della Lunga s book is unique as it is the first successful attempt to bridge the gap between IT professionals and quants/Structures, and propose a consistent object oriented programming framework to deal with structured products. Without any doubt this book will become The reference on the trading desks, not only to those concerned with the design of consistent data structures for complex derivatives, but also to the quants looking for a good review of pricing models." Michel Crouhy, Head of Research and Development, NATIXIS