Professional Development : Online Resources

Please scroll down for links to online resources in the following categories:
Reference Materials
Tools
Data
Services
Software
Professional Development
Exchanges
Papers
Media
Amusements
Miscellaneous
We strive to keep this information up to date. If there is a link you'd like to see added or updated, please send the relevant information to main@iafe.org.

Reference Materials
Barkley's OASIS™ Comprehensive Technology Glossary
Blackwell Encyclopedic Dictionary of Finance (out of print)
Bob´s Guide Financial Technology resources
Contingency Analysis Risk Management Glossary
Dictionary of Finance and Investment Terms (Barrons Finance and Investment Handbook, 4th Ed) (out of print)
Economic Calendar Yahoo
Glossary of Futures and Options Terms(CME)
InvestorMap Directory of Financial Resources
Investor Words
Managed Accounts Reports Includes recent performance rankings of Hedge Funds and Funds of Funds
North American Industry Classification System (replaces SIC system)
The Numa Dictionary of DERIVATIVES ACRONYMS
SwapLaw Provides a legal bibliography organized by topic for the OTC derivatives area.
Swaps Monitor Print journals, newsletters, and books. Includes index to Swaps Monitor archives, and Derivatives Sales alert.
Understanding American Business Jargon: A Dictionary


Tools
Derivative Solutions Rigorous analytics consistently applied to all fixed income instruments
Financialcalendar.com The Financial Calendar is a giant database of holidays that extends over 30 years into the future for over 250 financial centers around the world, including bank, stock exchange and futures exchange holidays. This site, which is owned and operated by Swaps Monitor Publications, Inc. of New York, makes that data available over the Internet.
ForeTrade ForeTrade Technologies endeavour to provide financial market traders with custom trading solutions and tools using state-of-the-art non linear techniques such as artificial intelligence (neural nets and genetic algorithms) and wavelets.
HedgeScan A hedge fund research library and dynamic analysis tool for investment professional and sophisiticated investor.
Mathworks – Matlab The MathWorks develops and markets tools for creating complex financial models using MATLAB, the leading technical computing environment in industry and academia worldwide. MATLAB is an extensible environment for research and development that offers high performance functions for numerical computation, data analysis, and visualization. MATLAB offers financial engineers, quantitative engineers, and other financial professionals the ability to quickly build and evaluate their ´decision making´ applications. Additional MathWorks products enable you to rapidly deploy the applications you´ve developed with MATLAB to the Web, C/C++, Excel, and Visual Basic.

Data
BARRA Investment data, research, and market information.
BloombergWorldwide, real-time financial information network of news, data, and analyses of financial markets and business as well as being the definitive source of data for all securities, statistics, indices, and research.
CQG Database of futures and currency market activity from 1987 to the present. It contains data on Agricultural, Financial, Petroleum, Metals, Foreign Exchange (Spot Currency) Rates, and Stock Market Indices.
Espiel.com Prepayment speeds history is available for all agency pools and many non-agency pools.
EuroStat Statistical Office of th European Communities.
Fame Information Services Major financial and economic databases, both domestic and international.
Financial Data Finder Ohio State Univ.
Financial Times Information Electronic services created to provide global market data.
Futures Online Includes quotes and end of day data.
Global Financial DataThe most extensive, long-term historical indices on stock markets, interest rates, exchange rates and inflation rates available anywhere in the world.
Morgan Stanley Capital International Provides daily performance reporting on over 3,000 indices, including 51 countries, 24 regions, and 38 industries.
Reuters A total view of the markets, from live speeches to decades of price history.
Rimes Technologies Distributes historical databases in developed and emerging financial markets. RIMES also provides advanced tools for performance measurement, risk analysis, backtesting of strategies and data mining.
Standard & Poor's JJ Kenny The industry´s most comprehensive municipal database.
Telekurs Market data from over 180 securities and commodities exchanges, together with foreign exchange rates, precious metals prices, interest rates and business news.
Track Data Real-time financial market data, financial data bases, historical information, analytical services and data manipulation tools.
Vortex The Vortex Market Library contains hundreds of regularly updated Classic, VaR, and GARCH volatility charts fed by a database that contains 10 years of data on more than 100 exchange rates and 26 interest rates.

Services
Advanced Trading Systems Online professional tools for short- and long-term stock traders. The company publishes a monthly newsletter on technical analysis and offers a stock trading system with daily buy and sell signals. The trading software and strategies are designed by a statistician from Cambridge University.
Alef Corporation Alef Corporation manufactures custom supercomputers specialized for the strategic risk management of financial institutions, corporations, and portfolios of assets including exotic derivatives.
All About Value at Risk Value at Risk Resources. Bibliography of VAR books, articles, and research. Includes links to VAR software vendors, RiskMetrics publications, risk related rules and regulations, and conferences and courses.
Algorithmics, Inc. Risk management software and research.
Capital Market Risk Advisors Includes full-text of Survey of Financial Institutions´ Dependence on Quantitative Professionals, SEC Market Risk Disclosure Survey Results, and Survey of Implementation of Risk Standards prepared for the Risk Standards Working Group. This site also provides the text of published articles and studies written by the firm´s risk management experts.
The Capital Markets Company A partnership of global experts in the financial and information technology industries. With offices in London, Antwerp and New York, we are the first major consulting firm to concentrate exclusively on capital markets worldwide.
Credix Credix provides pre-packaged data warehouse software and decision support consulting services that enable financial institutions to manage credit risk on a portfolio basis.
Fat Tails Financial Analysis A consulting firm specializing in helping financial institutions and corporate treasury centers in the Nordic region to manage financial risk in theory and practice.
Federal Reserve Bank of Chicago
Financial Engineering Associates, Inc. Software, consulting, training, research.
Financial Engines, Inc. Financial Engines Investment Advisor™ brings state-of-the-art financial analysis to individual investors.
Gravity Investments How to quantify your portfolio´s diversification, examples of correlation in the markets, the impact of various strategies on diversification, information about risk management, information about hedge funds, a poll about the greatest financial innovations of the twentieth century and a preview of our 3D portfolio management software.
Intermark Solutions A multi-product, inexpensive trading and riskmanagement system called FOCUS; option pricing papers.
The Kamakura Corporation Original Research to Solve Practical Risk Management Problems.
KAWALLER & Company Assists businesses in their use of derivative instruments to manage their financial risk, helping commercial and investment banks, brokerage firms, pension funds, mutual funds, accounting firms, and corporate treasury departments.
Lombard Risk Group A world leader in both software and training for the financial markets, with a special focus on derivatives and enterprise wide risk management.
Martin Ward Anderson A leading banking and finance consultancy with a specialist team involved in the recruitment of Market Risk, Credit Risk and Quantitative Analysis professionals.
Measurisk.com Provides institutional investors with ongoing comprehensive risk analysis using industry-standard methodologies including Value-at-Risk (VaR), all delivered over the World Wide Web. Our service is tailored to support the Basle Committee on Banking Supervision and the Risk Standards for Institutional Investors Working Group recommendations.
Octanti Associates A consulting firm specialising in computational finance, risk software systems design, and risk strategies for financial institutions and insurance.
Principia Partners
RiskMetrics Group
Skora & Company Inc. Consulting for banks, insurance companies, corporations, and investment managers on institutional credit risk management issues. Our web site contains specific information about Skora as well as general information about risk management. There are various articles which may be downloaded.
Timberlake Consultants Specialist Consultancy in Statistical, Econometric and Mathematical Software.
Traders Web
Van Hedge Fund Advisors Free hedge fund information, and recent hedge fund performance by style and market sector.
Waters Information Services Provides information on the market data industry, including risk technology.
Wilshire Associates Incorporated Wilshire Associates is a global investment advisory firm that provides investment products and services, including investment consulting, asset management, mutual fund management and analytical tools. We serve more than 400 organizations in over 20 countries, representing assets totaling more than $2.5 trillion.

Software
Aptech Systems-Gauss An exceptionally efficient number cruncher, a comprehensive programming language, and an interactive analysis environment.
Black and Scholes Interactive Jan-Hendrik Dörner The applet - program can calculate and display the delta, gamma, payoff, theta, vega, value at risk (var), and value of (european) call and put options, stocks, and forwards according to the Black - Scholes option pricing model.
Calibrex International Corp. Financial add-ins for Microsoft Excel7.
Crystal Ball 2000Crystal Ball is a spreadsheet add-in program that uses Monte Carlo simulation to help you analyze the risks and uncertainties associated with your models. Features include sensitivity analysis, correlation, and distribution fitting to historical data.
Data DeskProvides interactive tools for data analysis and display based on the concepts and philosophy of Exploratory Data Analysis.
Data Mining Software List

Derivative Pricing
Econometrics Software Library ArchiveFacilitating the interchange of computational algorithms that have economic applications, and serving as a central location for experimental software.
Estima-RATSA fast, efficient, and comprehensive time series analysis and econometrics software package.
FINCAD Derivative Solution - the most transparent derivatives solution with comprehensive documentation of all models, calculation methodologies, and references.
Financial Engineering AssociatesPrecision analytical tools for the valuation and measurement of derivative products.
Financial Engineering with Mathematica Example uses of well known software program.
Guide to Available Mathematical Software
IntegratorWeb-based analytical integration tool by Mathematica.
Macsyma For symbolic, numerical & graphical mathematics.
Mamdouh Barakat Risk Management Risk management software.
Maple
Martindale's "The Reference Desk" Calculators On-line Center
Mathcad
Mathematica (Wolfram Research)
Mathematical Software Sites (links page)
MathSoft, Inc.
MINITAB The easy to use, comprehensive software for analyzing data.
Monis Software Supplier of software, data and services for analyzing derivatives.
NetLib A collection of mathematical software, papers, and databases.
Numerical Algorithms Group Developing numerical, statistical and visualisation software.
Numerical Recipes
NumeriX NumeriX, is a software company supplying tools for the developer of advanced financial analytics. Founded in 1996, the company offers a wide range of sophisticated object-oriented development tools that enable the building and performance of pricing and derivative risk management functions significantly faster than any other available technology.
OANDA Currency Converter 164 currencies.
Online Statistical Calculators UCLA
Option++ Option and futures pricing (freeware)
Palisade A suite of integrated decision analysis programs, including @RISK, all running from a common toolbar in Microsoft Excel.
Palisade Europe We offer a wide range of decision analysis products, with our key software focus on risk and project management.
pricingtools.com Software for pricing of structured products and derivatives.
Robert's Online Applications
Rubinstein's Options Calculator You can quickly and easily value a wide variety of derivatives. Moreover, the ability to generate 4-D tables and 2-D and 3-D graphs, coupled with the ability to analyze ranges of variables, enhances your capability to do useful analytics.
SAS Institute
Savvysoft The world´s leading supplier of sophisticated high-end software for pricing and hedging the entire universe of complex OTC derivatives as well as plain vanilla derivatives.
SciComp, Inc.Software
One of the most powerful scientific math libraries today.
Shazam A comprehensive computer program for econometricians, statisticians, and others who use statistical techniques.
Statistical Software List (Links page)
Statistical Software List
Statistics and Statistical Graphics Resources An annotated, topic-based collection of available resources for statistics, statistical graphics, and computation related to research, data analysis and teaching.
StatLib A system for distributing statistical software, datasets, and information by electronic mail, FTP and WWW.
SunGard SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business.
TechHackers



Professional Development
Center for Interactive Financial Training
Euromoney Training – Americas Euromoney Training has been the market-leader in the provision of practical banking and financial training since its inception in 1991. Over the last decade we have trained more than 50,000 senior financial executives in the international banking community, continually matching their training needs with an incisive, practical and topical portfolio of programs covering all financial sectors.
Euromoney Training – EMEA (Europe, Middle East & Africa) Euromoney Training is dedicated to the provision of finance and banking training programmes within your region. Our global presence and wide range of courses attract truly international clients ensuring precious networking and future trading opportunities to our delegates.
FinMath.com FinMath.com @ Chicago. Financial Engineering & Risk Management Workshop
Fixed Income Analysts Society Promotes continuing education in all aspects of the fixed income markets.
FT New York Institute of Finance
GFTT.com We deliver public and in-house seminars in addition to Web Based Learning and Reference products on Asset/Liability Management to senior financial executives around the world.
Global Financial Markets Institute Dedicated to training, educating and consulting with members of the global financial community. The focus of the company is the Treasury, Capital Markets and Investment Banking arenas.
NYIF Online

Exchanges
The American Stock Exchange
The Chicago Board Options Exchange The Chicago Board Options Exchange. A discussion of the historical roots of the exchange can be found here, and description of various financial products developed by the CBOE.
The Chicago Board of Trade Chicago Board of Trade. Provides background information on the exchange, market information, and access to the CBOT on-line store.
The Chicago Mercantile Exchange Includes a glossary of trading and market terms, current prices, and links to the Options Institute and Capital Markets division.
The Coffee, Sugar, & Cocoa Exchange News Releases, Contract specifications, market overviews, and quotes.
Exchanges (links page) Glenn Woody Financial.
Hong Kong Futures Exchange Includes exchange overview, member listing, and historical data.
International Stock Exchanges
Kansas City Board of Trade Includes contract specifications and daily price summaries.
London International Financial Futures and Options Exchange Headline news, statistical data, issue descriptions, and full-text news policy statements from one of the world´s largest and most established derivatives exchange.
New York Mercantile Exchange Includes contract specifications and data.
Sigapore International Monetary Exchange
Stock Exchanges Worldwide Links and information.

Associations
African Stock Exchanges Association The main aim of ASEA is to provide a formal framework for the mutual co-operation of stock exchanges in the African region through various processes encompassing the exchange of information and assistance in the development of member exchanges.
Alternative Investment Management Association Features full-text articles and regulatory reports.
American Risk and Insurance Association Professional association of insurance and risk management scholars and professionals.
Bachelier Finance Society The aim of the Bachelier Finance Society is, through international contacts, the advancement of the discipline of finance under the application of the theory of stochastic processes, statistical and mathematical theory.
British Bankers Association The principal representative body for banks active in the UK, with over 300 member banks from more than 60 countries.
Capital Markets Credit Analysts Society
Center for Computational Finance Dedicated to research and education in Computational Finance and Financial Engineering.
Central Banking Links (links maintained by Central Banking Publications)
Chartered Alternative Investment Analyst Association An independent and not-for-profit global organization dedicated to forwarding alternative investment education and best practices
Compliance Exchange To provide a resource for compliance officers and other professionals engaged in the business of managing investments and for those who study, service or regulate investment business.
European Financial Management Association
Federation International des Bourses de Valeurs (FIBV)
Fixed Income Analysts Society Promotes continuing education in all aspects of the fixed income markets
Financial Accounting Standards Board To establish and improve standards of financial accounting and reporting for the guidance and education of the public, including issuers, auditors, and users of financial information.
Financial Management Association
Hedge Fund Association
Institute of International Finance
International Accounting Standards Committee
International Association for the Study of Risk Economics (Geneva Association)
International Organization of Securities Commissions (IOSCO)
International Swaps and Derivatives Association (ISDA) Contains ISDA Market Survey, list of publications, conferences, recommended readings, and useful links.
National Futures Association Established to ensure the futures industry meets its obligations to the investing public.
New York Institute of Finance
Office for Futures and Options Research OFOR seeks to improve the understanding, information, and economic knowledge base of futures, options, and derivative markets and then to disseminate this improved knowledge to other scholars, users, practitioners, regulators, and students of these markets.
The Options Industry Council Formed in 1992 to enhance the acceptance of equity options by brokers and individual investors and to promote the use of options products.
The Professional Risk Managers' International Association PRMIA is a non profit corporation operating for the benefit of its membership, serving emerging as well as more developed markets and promoting cross-cultural professional standards. The PRMIA mission is to provide a free and open forum for the promotion of sound risk management standards and practices globally.
Risk Theory Society To foster research into topics in risk theory and risk management.
Securities Industry Association
Society for Industrial and Applied Mathematics Dedicated to enriching our profession throughpublications, conferences, activity groups, and programs.
Society of Actuaries
Society of Quantitative Analysts (SQA) The SQA is a not-for-profit organization concerned with the application of new and innovative techniques in finance, with particular emphasis on the use of quantitative techniques in investment and risk management.
Weather Risk Management Association

Papers
10 MYTHS ABOUT FINANCIAL DERIVATIVES Cato Institute Policy Analysis No. 283 September 11, 1997
Leading a Regulatory Agency: Lessons from the CFTC Cato Institute policy paper.
Orange County Value at Risk Case by Philippe Jorion
Regulating Derivatives: The Current System and Proposed Changes Cato Institute Article

Media
Appliederivatives.com Takes a more newsy look at topical issues.
CFO Magazine and Treasury & Risk Management Magazine
Derivatives Strategy Print journal with online archives
ErivativesReview.com Looks at key issues and trends in a more indepth and strategic way.
The Financier Print journal
Financial Engineering News The bi-monthly newspaper of financial engineering. News about work near the nexus of quantitative methods, information technology and finance. Free subscriptions are available.
Futures Magazine Print journal
Global Treasury News News information and research on banking, cash management, emu, risk management, treasury technology, electronic banking, world regions economic updates, treasury strategy, country cash management guides, e-commerce, recruitment and events.
International Thomson Business Press
Journal of Computational Finance
The Journal of Risk
Quantitative Finance An electronic journal
Risk Magazine
Real-Time Internet News Service
WallSt.com The source of comprehensive financial information

Amusements
Risk Latte Quiz

Miccellaneous
Brownian Motion Movie by Paul Garrett
Commodity Futures Trading Commission An independent agency of the United States Government
eRisks.com Portal for financial and insurance risk managers, providing news, data, analytics, research, education, case studies, benchmarks and best practices.
Futures Guide
Global Investor Financial resources
Hennessee Group Contains the full-text of the most recent Hennessee Hedge Fund Review.
Hedge Fund Research Allows free viewing of the latest performance report on the Hedge Fund Indexes.
Ira Epstein & Co. Provides current futures prices for site visitors willing to register.
Integral Derivatives and risk systems and consulting.
In-the-Money.com Mark Rubinstein´s site for derivatives.
John Wiley & Sons, Inc.
NumaWeb Includes extensive list of links to international futures and options exchanges, options strategy guide, courses and conferences, calculators, and derivatives bookshop.
Probability Pipe Organ (Java Applet) Demonstrates how experiments with random data converge toward the predictions of probability theory as more and more experiments are run.
Risk Talent Associates Risk Talent Associates is the only executive search firm focused exclusively on the field of financial risk management
Science & Finance Theoretical and applied research in finance.
Syntaxis Workshops in writing and presentation skills.
Wilmott Associates We are leaders in the field of financial engineering theory and practice and are innovators in the advancement of the subject as a scientific disciplines.