About the Editors

Tanya S. Beder is founder and chairman of SBCC Group Inc. (www.sbccgroup.com) where she heads the global strategy, risk, derivatives, and asset management practices. Clients include banks, broker dealers, family offices, pension funds, mutual funds, hedge funds, insurance companies and corporations from around the world. Previously Ms. Beder was CEO of Tribeca Global Management LLC, a $3 billion multi-strategy fund with offices in New York, London, and Singapore, and Managing Director of Caxton Associates LLC, a $10 billion asset management firm in New York. She is a member of the board of directors of American Century Investment Management Inc., serves on the National Board of Mathematics and their Applications, the Advisory Board of Columbia University's Financial Engineering Program, the Mathematical Finance Advisory Board of New York University's Courant Institute and is an appointed fellow of the International Center for Finance at Yale. For five years Ms. Beder was Chairman, and now serves on the Board, of the International Association of Financial Engineers where she co-chairs The Investor Risk Committee. Euromoney named Ms. Beder one of the top 50 women in finance around the world and The Hedgefund Journal named her one of the 50 leading women in hedge funds. Ms. Beder has appeared as an expert before Congressional hearings, as well as before the OECD, IOSCO, the World Bank, the IMF and other bodies around the world. She is a featured speaker at large international conferences and an invited commentator on CNBC, Bloomberg, Reuters, Fox Business News, and other media. Ms. Beder was an author of the Risk Standards for Institutional Investors and Institutional Investment Managers and has written numerous articles in the financial area that have been published by The Journal of Portfolio Management, The Financial Analysts Journal, The Harvard Business Review, The Journal of Financial Engineering, Probus Publishing, John Wiley & Sons, and Simon & Schuster. Ms. Beder holds an MBA in finance from Harvard University and a BA in mathematics and philosophy from Yale University.

Cara M. Marshall is a professor of finance at Queens College of the City University of New York. Cara holds a PhD in Financial Economics from Fordham University and an MBA with a focus on Quantitative Analysis from St. John's University. Her research interests focus on financial engineering, Monte Carlo Simulation modeling, risk management, and derivatives, as well as behavioral and experimental methods in finance. Cara's doctoral dissertation examined the efficiency of the pricing of volatility on U.S. options exchanges. Prior to academia, Cara worked in Internet engineering, developing websites, and a platform for online course delivery. She has also worked as a marketing manager for a conference and training company. Over the years, Cara has consulted to several leading commercial and investment banks where she trained new hires in the use of financial analytics. In this capacity, she taught financial modeling to bank employees in New York, London, and Singapore. Cara has also performed analysis for hedge funds and for firms in other industries. She has published papers in several scholarly journals and contributed a number of chapters to books published by John Wiley & Sons.