The Unbearable Lightness of Benchmarks and Why It Matters for Modelling
22 Aug 2024
About the event
In the context of the book launch of “The Financial Metaverse: Tokens; Derivatives and other Synthetic Assets”; this talk will explore how financial derivatives function as digital twins of their underlying assets. It will emphasise the crucial role of benchmarks specification in anchoring derivatives to their underlying assets. Quants model these benchmarks to value contingent claims. Understanding the complexities of those benchmarks is essential for precise modelling. The talk will also present several case studies that illustrate the dynamic nature of derivative specifications including their evolution; threshold effects; and pricing mechanics.
Part of the Fitch Group, Fitch Learning partners with clients to enhance knowledge, skills and conduct. Fitch Learning is a global leader in training with experience of delivering specialised technical training at all levels to the financial community. Fitch Learning partner with clients to elevate knowledge and skills and enhance conduct.
We work with 9 out of 10 of each of the largest Investment Banks, Asset Managers and Global Banks and through state-of-the-art training centres in London, New York, Hong Kong, Singapore and Dubai, and our leading distance learning portals, we train more than 20,000 delegates each year.
