Hi Richard,

I am writing to let you know of the next joint Lepus and ISDA monthly
event. If you or any of your colleagues would like to attend, the
details are as follows:

Date: 		Monday 10th September 2001

Time: 		6:30PM to 7:30PM followed by cocktails

Topic: 		Bayesian methods for measuring and managing Operational
Risk

Presented By:	Professor Carol Alexander
      Chair of Risk Management
      ISMA Centre
      University of Reading
			
Hosted by:	ISDA
		1 New Change
		London
		EC4M 9QQ

Presenter Summary:

Carol Alexander is full Professor and Chair of Risk Management at the
ISMA Centre, the Business School of Reading University. She has been a
Director and Head of Market Risk Modelling for Nikko Global Holdings and
Academic Director of Algorithmics Inc.  She obtained her PhD in
Algebraic Number Theory. 

Since 1990 Carol has developed many models of risk management and
investment analysis through consulting, training and research.
Consultancy experience includes building the first generation GARCH
models, volatility trading models, design and construction of fund
management software based on cointegration, internal VaR models,
orthogonal GARCH implementation, and spot-futures arbitrage models.
Professor Alexander also designs commercial software for risk
management, portfolio management and trading. She is a principal of
Pennoyer Capital Management, New York.

Registration Instructions:

To register for this event, please reply to this email including your
Name, Title, Company, Address, and Telephone Number in the body of your
message.