Solving Modern Crime in Financial Markets

Analytics and Case Studies

Marius-Cristian Frunza (Autor)

Buch | Hardcover

526 Seiten

2015
Academic Press Inc (Verlag)
978-0-12-804494-0 (ISBN)

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This comprehensive source of information about financial fraud delivers a mature approach to fraud detection and prevention. It brings together all important aspect of analytics used in investigating modern crime in financial markets and uses R for its statistical examples. It focuses on crime in financial markets as opposed to the financial industry, and it highlights technical aspects of crime detection and prevention as opposed to their qualitative aspects. For those with strong analytic skills, this book unleashes the usefulness of powerful predictive and prescriptive analytics in predicting and preventing modern crime in financial markets.

Dr. Marius-Cristian Frunza's consulting work with investment banks and asset managers allowed him to specialize in risk management, derivative pricing and hedging. His research activity encompasses topics around environmental finance like forestry, energy, and weather derivatives. He graduated from the Ecole Polytechnique in Paris and holds a PhD in mathematics from the Sorbonne university. He is also a partner in Schwarztal Kapital, an independent advisory and investment firm in environmental finance.

1. Modern Financial Crime

Innovation and Crime
High Frequency Trading
Commodities Markets
Social Networks and Financial Crime
Cryptocurrencies: a New Monetary Vehicle
Assessment of the Link between the Betting Industry and Financial Crime

2. Forensic Statistics as an Investigation Tool (Theoretical Background)

Truth: a Game of Probabilities
Statistical Distributions
Forecasting Distributions
Genetic Algorithms
Statistical Hypothesis Tests
Non-parametric Techniques
Fuzzy Methods
Clustering Techniques
Support Vector Machine
Assessing the Accuracy of a Fraud Detection Mode
Benford's Law

3. Investigation of Crime in Financial Markets (Empirical Studies with Applications in R)

Structural Changes in Time Series
Exploring Unstructured Data
Reading the Balance Sheet of Financial Firms
Fraud on the Market Theory
Efficient Market Hypothesis Testing
Market Prices and Trading Activity
Order Book analysis
Event Study

4. Case Studies (Applications in R)

LIBOR Manipulation
EURIBOR Manipulation
The Madoff Case
Enron - Worldcom
Rating Agencies and Crises
The FX Fixing Fix
The Case of Greenhouse Gas Emissions Allowances Market

5. Preventing Crime and Preserving Markets’ Integrity

Stronger Financial Regulation Pros and Cons?
Efficient Frameworks for Financial Crime Surveillance
Joint Structures for Tackling Financial Offense: Criminal Investigators and Market Regulators

Erscheinungsdatum	15.02.2016
Verlagsort	San Diego
Sprache	englisch
Maße	191 x 235 mm
Gewicht	1290 g
Themenwelt	Recht / Steuern ► Strafrecht ► Kriminologie
	Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung
	Betriebswirtschaft / Management ► Spezielle Betriebswirtschaftslehre ► Bankbetriebslehre
ISBN-10	0-12-804494-2 / 0128044942
ISBN-13	978-0-12-804494-0 / 9780128044940
Zustand	Neuware