Learn about model risk, its causes, management strategies, and real-world examples from financial industry pitfalls. Unlock ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. ST. LOUIS – Does your child have dreams of ...

David Asermely, SAS: It’s an increasingly competitive analytical world, and having better information differentiates top banks from the pack. As a result, financial institutions are relying more on ...

The sudden and severe economic shocks from the pandemic created model risk challenges, because of the magnitude of behavioural and market changes, and the pace at which these changes occurred.

MC: There’s a term in the modeling business called a “mother agent.” It’s basically the agent that launches the model. We just take it way further. We have an ongoing relationship with the model. We ...