Financial engineering

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Financial engineering

Combining or carving up existing instruments to create new financial products.

Financial Engineering

The process of creating a new investment vehicle. For example, one may create a new derivative by taking existing structures and altering them to mitigate risk and/or increase the return. One may also theoretically invent a completely new financial product from nothing. Financial engineering is often mathematically intensive, as a number of risks and other factors must be considered before the new product is marketable.
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com) today announced Robert Litzenberger, Professor Emeritus at the Wharton School of the University of Pennsylvania, a Director at RGM Advisors, and a retired Goldman Sachs partner has been named the 2012 IAFE/SunGard Financial Engineer of the Year (FEOY).
com), the leading independent, cross-asset, analytics service provider for the structuring, pricing and valuation of derivatives and structured products, today announced the expansion of Numerix University to include London in its financial engineer certification program.
Complimentary program designed to "give back" to those seeking employment; could lead to consulting opportunities with Numerix clients through the Numerix Financial Engineer Certification Program
Lu, who joined NumeriX in 2000, has more than seven years of experience in the derivatives pricing industry as a financial engineer and quantitative analyst specializing in fixed income and equity derivatives at NumeriX and other financial institutions.
org) today announced that Jack Treynor, president, Treynor Capital Management, has been named the 2007 IAFE/SunGard Financial Engineer of the Year (FEOY).
Simons, president, Renaissance Technologies Corp, has been named the 2006 IAFE/SunGard Financial Engineer of the Year (FEOY).
He has been working as Financial Engineer, Structurer and Consultant in FX Options Trading Teams of Citibank, UBS, Sal.
Financial engineers love speculating on these markets, because transaction costs are very low and leveraged naked shorts are allowed, without the need to hedge an underlying asset.
The goal of the course will be to expose students to the responsibilities and challenges quants and financial engineers face in an institutional setting.
This book is addressed to MBA's, Financial Engineers, Applied Mathematicians, Banks, Insurance Companies, and students of Business Schools, Economics, Applied Mathematics, Financial Engineering, and more.

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