{"product_id":"numerical-engines-in-quantitative-finance-alice-schwartz-9798196310355","title":"Numerical Engines in Quantitative Finance: Computational Methods for Pricing, Risk, Calibration, and Simulation","description":"\u003cb\u003eReactive Publishing\u003c\/b\u003e\u003cp\u003e\u003cb\u003eNumerical Engines in Quantitative Finance\u003c\/b\u003e is a practical guide to the computational methods used to build pricing, risk, calibration, and simulation workflows in modern quantitative finance.\u003c\/p\u003e\u003cp\u003eDesigned for readers who already understand the foundations of financial modeling, this book focuses on the numerical machinery behind quantitative systems. It explains how models are translated into reliable computational processes, how numerical choices affect accuracy and stability, and how pricing and risk engines can be structured for real-world analytical use.\u003c\/p\u003e\u003cp\u003eInside, readers will explore core techniques used across derivatives pricing, portfolio risk, model calibration, Monte Carlo simulation, finite difference methods, optimization, curve construction, and scenario analysis. The emphasis is on building a clear understanding of how numerical methods behave, where they fail, and how they can be tested, validated, and improved.\u003c\/p\u003e\u003cp\u003eTopics include: \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eNumerical foundations for quantitative finance\u003c\/li\u003e\n\u003cli\u003ePricing engine architecture and model implementation\u003c\/li\u003e\n\u003cli\u003eRisk measurement and sensitivity calculation\u003c\/li\u003e\n\u003cli\u003eCalibration methods for financial models\u003c\/li\u003e\n\u003cli\u003eMonte Carlo simulation and variance reduction\u003c\/li\u003e\n\u003cli\u003eFinite difference approaches for pricing problems\u003c\/li\u003e\n\u003cli\u003eCurve construction, interpolation, and bootstrapping\u003c\/li\u003e\n\u003cli\u003eStability, convergence, validation, and error analysis\u003c\/li\u003e\n\u003cli\u003ePractical design patterns for computational finance systems\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003eRather than presenting quantitative finance as a collection of isolated formulas, this book treats it as an engineering discipline. Readers will learn how numerical components connect, how model assumptions flow through computational systems, and how to design engines that are more transparent, testable, and robust.\u003c\/p\u003e\u003cp\u003e\u003cb\u003eNumerical Engines in Quantitative Finance\u003c\/b\u003e is suited for quantitative analysts, financial engineers, advanced finance students, and technically oriented traders who want a deeper understanding of the computational infrastructure behind pricing and risk systems.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Alice Schwartz,Johann Strauss\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9798196310355\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Independently Published\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 05\/10\/2026\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 430\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.14lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 1.07d","brand":"Alice Schwartz","offers":[{"title":"Paperback","offer_id":48852877771007,"sku":"9798196310355","price":37.99,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.whiterainbookhouse.com\/products\/numerical-engines-in-quantitative-finance-alice-schwartz-9798196310355","provider":"WR Book House","version":"1.0","type":"link"}