Anonymous shelf assessment
Counterparty Risk and Credit Valuation Adjustment
Shelf score 8.0 / 10
On Counterparty Risk and Credit Valuation Adjustment: A Continuing Challenge for Global Financial Markets · Jon Gregory · John Wiley & Sons
Published 23 March 2026
A critical examination of counterparty risk and CVA in the context of post-2008 financial markets.
Overview
This work by Jon Gregory delves into the intricacies of counterparty risk and credit valuation adjustment (CVA), highlighting their significance in the aftermath of the 2008 financial crisis. It serves as a vital resource for understanding the regulatory capital treatment associated with these concepts.
The book provides detailed methodologies for CVA calculation, incorporating hedging strategies that are essential for effective risk management. It is particularly aimed at practitioners within the finance sector, including traders and risk managers, who require a solid grasp of these complex topics to navigate today's financial landscape.
By area & interest
Regulatory Framework
The text outlines the regulatory environment surrounding counterparty risk and CVA, offering insights into compliance and best practices.
Technical Depth
It presents a highly technical analysis suitable for those with a strong background in finance and risk management.
Practical Applications
The book emphasizes practical management strategies for dealing with counterparty risk, making it a valuable tool for practitioners.
Basis of this assessment
The assessment is based on the catalogue description and the provided topics and audience information.
Strengths
The book is a comprehensive resource that effectively combines theoretical insights with practical applications, making it essential for understanding counterparty risk in a regulatory context.
Limitations
Its technical nature may pose challenges for readers without a strong background in finance or risk management, potentially limiting its accessibility.
Ideal reader
This book is best suited for risk managers, derivatives traders, and quantitative analysts seeking in-depth knowledge of counterparty risk and CVA.