Improve the Effectiveness of your Product Control Function

Effective Product Control is a detailed how-to guide covering everything you need to know about the function. Considered essential reading for:

• New controllers entering the profession


• Auditors and regulators reviewing product control


• Established controllers wanting a refresher on the latest skills and core controls within the industry.

Encompassing both a technical skills primer and key insights into core controls used to mitigate major risks emanating from trading desks, you will get expert advice on practical topics such as:

• The key IFRS and U.S. GAAP accounting standards for a trading desk


• How to approach the pricing of a financial instrument


• Market risk and how is it quantified


• The controls necessary for a trading desk


• Rogue trading and how it can be detected


• Valuation adjustments and why they are necessary


• How the prices used to value a trading portfolio are independently verified


• The financial accounting entries used to record financial instruments in the balance sheet and profit & loss statement


• Financial reporting and how the results of a trading desk are presented


• How a new financial product can be introduced in a controlled manner

Complete with a wealth of insightful graphs, illustrations and real-world examples to enliven the covered material, the dependable answers you need are in Effective Product Control.