The xVA Challenge: Counterparty Credit Risk, Funding, Collateral and Capital (The Wiley Finance Series) 3rd Edition

Awesome content - I wish they had covered the topic with an algorithmic slant - it is just a dry read with a lot of graphs though in an easy to understand language for someone non-Finance background.

Good book.

it is a great book. The author covered counterparty from broad areas including netting, collateral, funding. If you have some practical experience, it will give you a holistic view on counterparty. If you want to deep dive into C/P, the author guided you to move further step. It is a very useful book.

Difficult concept made easy highly recommend if you want to learn more on XVA

Highly Recommended. ITEM AS DESCRIBED AND SHIPPED QUICKLY. Thanks.

Very good book. Although you need others to compliment formulas.Every topics are presented, but if you need implementing xVA terms in your company it won't be easy.

Gregory is among the best when it comes to credit risk.

Great!!

I've made my way through about two thirds of the book, and find myself struggling a bit sometimes - the author clearly knows his stuff, but there are some aspects that could maybe be improved - I'm thinking particularly in relation to the editorial style of Hull's book on Options and Derivatives.My criticisms of xVA challenge are:1 - Some pieces of information are repeated. Sometimes useful, other times it seems like a page filler2 - The author seems to be (almost) afraid of using maths equations to describe contexts but when he does use maths, it's not obvious how this was derived. I'm not after a text on stochastic calculus (too hard for me !), but there are cases where a worked derivation (even if not completely rigorous) can be helpful. I'm wondering if an editor at Wiley gave strict instructions that all maths equations should be relegated to appendices that would be available only offline so that people would not get scared when browsining through the book in a bookshop3 - Sometimes it seems a bit waffly when trying to explain a concept4 - Each chapter ends with a summary, but the summary is so brief that it just describes a list of topics that were covered - without summarising the main ideas of the chapter5 - It's difficult to extract useful info from the book without ploughing through a lot of pages

This is an excellent book which covers every aspect of XVA in great detail. The web site a,so provides useful spreadsheet examples. An update of the book covering recent regulatory initiatives since 2015, regarding CVA VaR for example, would be useful for readers.

A good overview of counterparty credit risk modelling but extremely simplistic and not as technical or as useful as other books on xVa. Good to read for non technical practitioners.

Fantastic book that covers key topics I need to know in order to understand discussion on advanced topics such as xVA overlapping. Spreadsheets provided on author’s website is an utter brilliant idea to gain more solid understanding from the mathematical perspective.One area I would suggest is to add a chapter to elaborate accounting/ financial statement implications with a few examples.

This is a nice book on recent developments in the Counterparty credit risk space. It captures recent regulations at the right level of detail and gradually goes into detail. Though less mathematical than I hoped it for, it still is a nice and useful book.