Committee login






Small thumbnail

Reliability Investigation of LED Devices for Public Light Applications

Durability, Robustness and Reliability of Photonic Devices Set

Small thumbnail

Aerospace Actuators 2

Signal-by-Wire and Power-by-Wire

Small thumbnail

Flash Memory Integration

Performance and Energy Considerations

Small thumbnail

Mechanics of Aeronautical Solids, Materials and Structures

Small thumbnail

Engineering Investment Process

Making Value Creation Repeatable

Small thumbnail

Space Strategy

Small thumbnail

Distributed Systems

Concurrency and Consistency

Small thumbnail

Fatigue of Textile and Short Fiber Reinforced Composites

Durability and Ageing of Organic Composite Materials Set – Volume 1

Small thumbnail

Management of the Effects of Coastal Storms

Policy, Scientific and Historical Perspectives

Small thumbnail

Computational Color Science

Variational Retinex-like Methods

Small thumbnail

Hazardous Forecasts and Crisis Scenario Generator

Arnaud Clément-Grandcourt, Consultant Hervé Fraysse, Consultant

ISBN: 9781785480287

Publication Date: September 2015   Hardback   164 pp.

70.00 USD

Add to cart




This book presents a crisis scenario generator with black swans, black butterflies and worst case scenarios. It is the most useful scenario generator that can be used to manage assets in a crisis-prone period as it gives more reliable values for Value at Risk (VaR), Conditional Value at Risk (CVaR) and Tail Value at Risk (TVaR).
The first chapter scrutinizes risk-oriented philosophy, forecast risk-oriented philosophy and its processes.
The second chapter is devoted to scenario-building processes, especially those used in generators with an emphasis on main and extreme scenarios.
Finally, the third chapter concerns asset management processes using a generator methodology to avoid risk understatement and increase optimization. It addresses the question of how to manage assets when crisis probability increases. There is a process for using generators in order to be well prepared for handling crises.


1. Risk-oriented Philosophy, Forecast-based Philosophy and Process
2. Scenario Building Processes.
3. How to Use These Scenarios for Asset Management?

About the Authors

Arnaud Clément-Grandcourt was successively director of institutional management at Crédit du Nord, President of BNP Gestions and of BNP Gestion de inversiones in Madrid, and then President of LFP Investissements.
Hervé Fraysse is a consultant at EY and member of the French institute of actuaries. He studied at the statistics institute of Pierre and Marie Curie University (ISUP) and received the Young Actuaries’ prize delivered by SCOR in 2013.


DownloadTable of Contents - PDF File - 159 Kb

0.01641 s.