{"product_id":"risk-engineering-for-quant-finance-danny-munrow-9798265833402","title":"Risk Engineering for Quant Finance: Stress Testing, Black Swan Modeling, and Tail-Risk Hedging: Build Resilient Trading Systems with Monte Carlo Stres","description":"\u003cb\u003eReactive Publishing\u003c\/b\u003e\u003cp\u003eFinancial markets don't fail when the models say they should, they fail when the models say they can't. \u003cb\u003eRisk Engineering for Quant Finance\u003c\/b\u003e gives you the tools to survive and profit when the unexpected becomes reality.\u003c\/p\u003e\u003cp\u003eThis comprehensive guide goes beyond basic VaR and volatility estimates, showing you how to build \u003cb\u003ecrisis-resilient trading systems\u003c\/b\u003e that thrive under extreme market stress. Learn to model fat-tailed distributions, detect regime shifts before they break your strategy, and design robust hedges that protect capital during black swan events.\u003c\/p\u003e\u003cp\u003eInside, you'll discover: \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003e\u003cp\u003e\u003cb\u003eAdvanced Monte Carlo Stress Testing, \u003c\/b\u003e Simulate extreme drawdowns, liquidity shocks, and tail-risk events with realistic scenarios.\u003c\/p\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cp\u003e\u003cb\u003eFat-Tail \u0026amp; Black Swan Modeling, \u003c\/b\u003e Go beyond normality assumptions using EVT, power-law distributions, and Bayesian methods.\u003c\/p\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cp\u003e\u003cb\u003eCrisis-Ready Hedging Frameworks\u003c\/b\u003e, Deploy convex tail hedges with VIX, CDS, and volatility options to protect portfolios when correlations go to 1.\u003c\/p\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cp\u003e\u003cb\u003eRegime-Switching Models\u003c\/b\u003e, Build machine-learning classifiers to detect volatility regime changes before they impact PnL.\u003c\/p\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cp\u003e\u003cb\u003ePractical Implementation, \u003c\/b\u003e Step-by-step Python code for stress tests, risk metrics, and hedging strategies you can deploy today.\u003c\/p\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003eWhether you are a quant developer, risk manager, or independent trader, this book will show you how to turn catastrophic risk into \u003cb\u003epredictable, manageable exposure\u003c\/b\u003e-and build a portfolio that survives the next systemic shock.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Danny Munrow,James Preston\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9798265833402\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Independently Published\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 09\/17\/2025\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 642\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.86lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 1.29d","brand":"Danny Munrow","offers":[{"title":"Paperback","offer_id":47965485433087,"sku":"9798265833402","price":64.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_09a020b8-1b00-44c4-8575-71bfb059b1fe.jpg?v=1767280887","url":"https:\/\/www.whiterainbookhouse.com\/products\/risk-engineering-for-quant-finance-danny-munrow-9798265833402","provider":"WR Book House","version":"1.0","type":"link"}