Model Risk Management - Toronto
In preparation for this informative training event, take a look at the Risk.net articles, highlighting the recent changes and challenges in Model Risk Management
Financial institutions have been maturing their approaches to model risk management (MRM) and leading financial institutions seek faster and further movement.
The opportunities and challenges of MRM across capital planning, balance sheet management, and multiple risk exposure and advancing technology to prepare for market changes.
Macroeconomic models used for forecasting and stress-testing frequently rely on too-short datasets, and should be backtested against much longer sets of economic data.