Undergraduate Topics in Computer Science

Financial Software Engineering

Authors: Lano, Kevin, Haughton, Howard

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  • Presents a systematic software engineering approach for the construction of financial applications
  • Provides an introduction to financial concepts and the main financial products (bonds, shares, derivatives)
  • Combines agile development with model-based development
  • The first text to specifically cover software engineering for the finance domain
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eBook 32,12 €
price for Spain (gross)
  • ISBN 978-3-030-14050-2
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover 39,51 €
price for Spain (gross)
  • ISBN 978-3-030-14049-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
About this Textbook

In this textbook the authors introduce the important concepts of the financial software domain, and motivate the use of an agile software engineering approach for the development of financial software. They describe the role of software in defining financial models and in computing results from these models. Practical examples from bond pricing, yield curve estimation, share price analysis and valuation of derivative securities are given to illustrate the process of financial software engineering.

Financial Software Engineering also includes a number of case studies based on typical financial engineering problems:

*Internal rate of return calculation for bonds

* Macaulay duration calculation for bonds

* Bootstrapping of interest rates

* Estimation of share price volatility

* Technical analysis of share prices

* Re-engineering Matlab to C#

* Yield curve estimation

* Derivative security pricing

* Risk analysis of CDOs

 The book is suitable for undergraduate and postgraduate study, and for practitioners who wish to extend their knowledge of software engineering techniques for financial applications

About the authors

Dr Lano has worked for over 25 years in the fields of system specification and verification. He was one of the originators of the Model-Driven Engineering (MDE) field and has been a leading advocate of improving the precision of software modelling, and in applying software engineering principles to transformation construction. In recent years he has worked on the integration of MDE and agile development.
Dr Haughton has worked in the fields of quantitative finance, risk management and credit risk since 1994. Formally at JP Morgan, Dresdner Bank,  Deutsche bank, Merrill Lynch and the Commonwealth Secretariat, he is the director of Holistic Risk Solutions Ltd.

Table of contents (10 chapters)

Table of contents (10 chapters)

Buy this book

eBook 32,12 €
price for Spain (gross)
  • ISBN 978-3-030-14050-2
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover 39,51 €
price for Spain (gross)
  • ISBN 978-3-030-14049-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
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Bibliographic Information

Bibliographic Information
Book Title
Financial Software Engineering
Authors
Series Title
Undergraduate Topics in Computer Science
Copyright
2019
Publisher
Springer International Publishing
Copyright Holder
Springer Nature Switzerland AG
eBook ISBN
978-3-030-14050-2
DOI
10.1007/978-3-030-14050-2
Softcover ISBN
978-3-030-14049-6
Series ISSN
1863-7310
Edition Number
1
Number of Pages
XV, 198
Number of Illustrations
46 b/w illustrations, 19 illustrations in colour
Topics