Solving Modern Crime In Financial Markets: Analytics and Case Studies

This comprehensive source of information about financial fraud delivers a mature approach to fraud detection and prevention. It brings together all important aspect of analytics used in investigating modern crime in financial markets and uses R for its statistical examples. It focuses on crime in financial markets as opposed to the financial industry, and it highlights technical aspects of crime detection and prevention as opposed to their qualitative aspects. For those with strong analytic skills, this book unleashes the usefulness of powerful predictive and prescriptive analytics in predicting and preventing modern crime in financial markets. Interviews and case studies provide context and depth to examplesCase studies use R, the powerful statistical freeware toolUseful in classroom and professional contexts INDICE: 1. Modern Financial Crime Innovation and CrimeHigh Frequency TradingCommodities MarketsSocial Networks and Financial CrimeCryptocurrencies: a New Monetary VehicleAssessment of the Link between the Betting Industry and Financial Crime 2. Forensic Statistics as an Investigation Tool (Theoretical Background) Truth: a Game of ProbabilitiesStatistical DistributionsForecasting DistributionsGenetic AlgorithmsStatistical Hypothesis TestsNon-parametric TechniquesFuzzy MethodsClustering TechniquesSupport Vector MachineAssessing the Accuracy of a Fraud Detection ModeBenford's Law 3. Investigation of Crime in Financial Markets (Empirical Studies with Applications in R) Structural Changes in Time SeriesExploring Unstructured DataReading the Balance Sheet of Financial FirmsFraud on the Market TheoryEfficient Market Hypothesis TestingMarket Prices and Trading ActivityOrder Book analysisEvent Study 4. Case Studies (Applications in R) LIBOR ManipulationEURIBOR ManipulationThe Madoff CaseEnron - WorldcomRating Agencies and CrisesThe FX Fixing FixThe Case of Greenhouse Gas Emissions Allowances Market 5. Preventing Crime and Preserving Markets' Integrity Stronger Financial Regulation Pros and Cons?Efficient Frameworks for Financial Crime SurveillanceJoint Structures for Tackling Financial Offense: Criminal Investigators and Market Regulators

• ISBN: 978-0-12-804494-0
• Editorial: Academic Press
• Encuadernacion: Cartoné
• Páginas: 528
• Fecha Publicación: 11/12/2015
• Nº Volúmenes: 1
• Idioma: Inglés