Pre-reading

Pre-reading | Risk Model Validation

In preparation for this informative training event, take a look at the Risk.net articles, highlighting the recent changes and challenges in Risk Model Validation :

• FREE ACCESS - Model risk tiering: an exploration of industry practices and principles
  
  This paper seeks to shed light on one critical area of such frameworks: model risk tiering, or the rating of risk inherent in the use of individual models, which can benefit a firm’s resource allocation and overall risk management capabilities.
  
  ACCESS ARTICLE | Risk Model Validation Journal

• Quants propose new method of calculating op risk VAR
  READ ARTICLE | Risk.net

• The disputed terrain of model risk scoring
  READ ARTICLE | Risk.net

• Common validation techniques for risk proxies found wanting
  READ ARTICLE | Risk.net

• Journal of Risk Model Validation
  READ ONLINE | Risk.net

Read more articles on Risk.net