Financial Modelers' Manifesto

The Financial Modelers' Manifesto was a proposal for more responsibility in risk management and quantitative finance written by financial engineers Emanuel Derman and Paul Wilmott.

The manifesto includes a Modelers' Hippocratic Oath.

The Manifesto and Oath were written in response to the Financial crisis of 2007–2010 with the collapse of subprime mortgages.

A shortened version was published in Business Week[1] in December 2008 with the complete version [2] appearing shortly afterwards; the full text is available here[1].

Note that both authors had written extensively about the risks related to financial models for several years before the crisis; for example: Emanuel Derman in 1996:[3] Paul Wilmott in 2000:[4]