Acknowledgements

Sergio Scandizzo and Tony Hughes

Sergio Scandizzo

I wish to dedicate this book to my family. To my wife Carlotta, for her encouragement and patience of course, but also because it must be hard having a spouse whose idea of a good time is, most of the time, to sit down and write. To Federico and Chiara Sofia, as further proof that I am thinking of you even when I am working and hopefully I will still be there when your own books will start to come out.

Acknowledgments are both difficult and unfair, because if I am honest with myself, I should go back very far in my career and my studies to identify all those who positively influenced the making of this book and because, short of writing a separate one, I must necessarily limit myself and exclude many deserving ones. So, there it goes.

Thanks to Chitro Majumdar for many years of continuous debate and inexhaustible ideas.

I would like to thank all my colleagues in the Internal Modelling Division at the European Investment Bank for the many discussions and the endless inspiration they have always provided through the years with their competence and professional rigour.

Many thanks also to Victoria Nightingale and Lewis O’Sullivan and to all the staff at Risk Books for many