Martin Goldberg – författare

A First Course in Model Validation and Model Risk Management offers robust coverage for current and future financial engineers. Useful as part of a masters program, for self-study, or as a valuable reference, the textbook explains in step-by-step, practical terms how mathematical models owned by financial institutions are essential to their public activities, including sales, trading, risk management, and internal audits. Like a diverse fleet of cars maintained by a rental car location, a bank must make sure customers can "drive" any of its models for a specific financial product. The book covers both pricing and risk models. Chapters consider modeling basics, marked-to-market and marked-to-model asset classes, market risk, credit risk, portfolio risk, operational risk, capital model risk, and financial crime, along with machine learning/AI.To support course use and practical applications, the text provides examples in Python throughout, as well as an appendix containing homework problems for all chapters, further supported by an ftp site for data and sample code. Additional appendices cover global model risk management, and a refresher in statistics.Offers practical concepts for learning model validation and model risk managementExplains how to use Python-based models to assess and manage model riskCovers the US gold standard of model risk, "Federal Reserve Board SR 11-7", including testing inputs, testing outputs, benchmarking, outcomes analysis, third party models, and compensating controlsDiscusses model governance, including model inventory , risk ratings, and the three lines of defenseProvides Instructor Manuals for qualified instructors via https://www.educate.elsevier.com/book/details/9780443337468

The breadth of National Museums Scotland's collections, together with the support of The Glenmorangie Company, puts National Museums in a unique position to reveal the role of silver in the development of the first kingdoms of Scotland. It was silver, not gold, which was the most important and powerful precious metal in Scotland for over six hundred years and, as well as showcasing beautiful objects, the book builds on the Glenmorangie Research Project to gives fresh insights into this formative period of Scottish history. Based on the exhibition Scotland's Early Silver which was at the National Museum of Scotland and is now on tour.

In 2017 an intense fundraising campaign ensured that what came to  be known as 'the Galloway Hoard' was saved for the nation. Since then work has been ongoing to preserve and understand it. Over 5kg of silver bullion, many unique and enigmatic gold objects, the rare preservation of textiles and an unusual range of other materials, make the Hoard the richest collection of Viking-age objects every found in Britain and Ireland. Dr Martin Goldberg and Dr Mary Davis provide the first full description of the Hoard and place the find in a wider historical and geographical context.