About the Author

Milind Sathye is Professor of Banking and Finance and Head: Accounting, Banking and Finance Discipline at the University of Canberra. His research focus is on efficiency and productivity, AMLCTF, e-banking and microfinance. He has published in top ranking journals such as the Journal of Banking and Finance, European Journal of Operational Research and Journal of the Operational Research Society. Professor Sathye is a Fellow of CPA Australia and FINSIA. Australian Senate Economic committees sought his expertise on many occasions, and recommendations made by him are included in their final reports. He has also worked as expert witness for court cases on banking and finance issues.

James Bartle is Adjunct Lecturer at the University of New South Wales and heads a consulting company that focuses on credit and treasury risk management. James has over twenty years’ experience in the finance industry and has worked in various credit and treasury positions in the Commonwealth Bank of Australia, KPMG Management Consultants, and Bancorp Australia. He also spent several years teaching full time. James’s consulting experience has given him exposure to Australian banks, government and corporates. His research interests cover innovative methods of risk measurement, such as value at risk and CreditMetrics, as well as the advent of credit derivatives.

Raymond Boffey is a senior lecturer in finance and banking at Edith Cowan University, Perth. He has had extensive experience running lending training courses for the banking industry. These courses have typically been case study based and included site visits to the borrowers. During his time at Edith Cowan University, Ray has had periods of leave to work for the Reserve Bank of Australia and BankWest (in the corporate lending area). Ray’s experience in lending has been used as a director of The University Credit Society Ltd from 2001-2006. Ray has a Master of Science (University of Western Australia) and is a fellow of FINSIA. His main current research interest is in using various Value at Risk (VaR) methodologies to quantify how banks and other businesses have been impacted by the global financial crisis (GFC).