Computer Practice Of Financial Risk Models

With the development of Chinese economics, the demands for Security Investment Risk Management System (SIRM System) is growing in Chinese capital market recent years. On the one hand, the profit of invest funds tends to be more average with the increasing of the fund scale, involvement groups, and fund poured into security market. On the other hand, more management problems of investment institutions have been exposed to publics through lasting bear market in Chinese Stock Market. It urges many involved capital investors to research, develop and build up an effective, systematical management model to avoid such risks on their own initiative. Upon the merger of financial investment and service, customers, such as QFII, Social Insurance Fund, enterprise pension plan and etc., raise more and more requirements on additional high-valued services. For instance, performance evaluation reports, which could provide the complete investment running status on risks and profits, is one of such services. Besides, applications of financial risk management model seem feasible to market based on the mature of the risks management theoretics.Performance evaluation system is a crucial part of Risk Management System. In this article, we focus on its design and realization in RISM Systems. As one of the rarity domestic systems, performance evaluation system is successfully applied in the banks and has good reputation in the field.The basic supporting data can be grouped as the public information and financial evaluation data. We provide the proposals for center and local in accordance with Center System and Local System as sub-system to RISM. These two parts restore the two group basic data separately. In addition, back-engine is introduced to support the information collection from different resources and varied, complex indicator calculations. In this way, we could concentrate advantages of each platform to serve the whole system.In this article, we,1. introduce some kinds of financial risk management model from business view. Mainly focus on CAPM and APT, covering the aspects of profit, risk, risk-adjust-profit, attribution analysis.