Praise and worship by Rod Parsley

Praise and worship by Rod Parsley

In this textbook the authors introduce the important concepts of the financial software domain, and motivate the use of an agile software engineering approach for the development of financial software. They describe the role of software in defining financial models and in computing results from these models. Practical examples from bond pricing, yield curve estimation, share price analysis and valuation of derivative securities are given to illustrate the process of financial software engineering.

Financial Software Engineering also includes a number of case studies based on typical financial engineering problems:

* Internal rate of return calculation for bonds

* Macaulay duration calculation for bonds

* Bootstrapping of interest rates

* Estimation of share price volatility

* Technical analysis of share prices

* Re-engineering Matlab to C#

* Yield curve estimation

* Derivative security pricing

* Risk analysis of CDOs

The book is suitable for undergraduate and postgraduate study, and for practitioners who wish to extend their knowledge of software engineering techniques for financial applications

Rod Parsley is the author of more than fifty books, including his most recent New York Times best seller Culturally Incorrect. An international speaker for the past thirty years, Parsley has appeared on such media outlets as ABC's World News Tonight, Dateline NBC, CNN's Larry King Live, Fox News Channel, The Dennis Miller Show, and CBS Morning News. In addition, he has been featured in such publications as the New York Times, USA Today, Newsweek, the Washington Post, and TIME magazine. His daily television program is viewed by millions worldwide. He is the president and founder of the Center for Moral Clarity and the founder and senior pastor of World Harvest Church in Columbus, Ohio, where he resides with his wife, Joni, and their two children, Ashton and Austin.