Build your knowledge of risk model validation through understanding key elements of risk models and best practices for creating a validation framework in your institution. Participants will gain ...
As monetary institutions rely greatly on economic and financial models for a wide array of applications, model validation has become progressively inventive within the field of risk. The Journal of ...
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Since this crisis, there has been an increase in the amount of scrutiny and testing applied to such models, and validation has become an essential part of model risk management at financial ...
In this context, model-based design (MBD) processes when used effectively, provide a unified design environment so that developers can use a single set of models for their entire lifecycle for ...
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