JD Supra

5 Key Facts About Model Risk Management

The unique challenges and demands facing the global economy since early 2020 have demonstrated the value of models. They’ve also highlighted the risks involved in using them. The US SR 11 7 guidelines ...
Yahoo

Methods and Processes for Effective Model Validation to Be Addressed at marcus evans Model Risk Conference

NEW YORK, NY--(Marketwire - Sep 26, 2012) - Errors in financial models that banks use on a daily basis could lead to tremendous financial and non-financial losses. It is crucial for banks to ...
JD Supra

The PRA & Regulatory Reporting: Model Risk Management

Predictive models are a core element of many regulatory frameworks to calculate results in a stressed business environment. Institutions have modeling teams who manage models under the PRA’s SS3/18 ...
Finextra

Model risk management: not just for risk models

The PRA’s new supervisory statement extends banks’ model risk management obligations “across all models” - not just capital and stress testing. What steps must banks take to comply? Despite last ...
Business Wire

H2O.ai Becomes First to Bring Model Risk Management to Generative AI for Regulated Industries

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--H2O.ai, the leader in open-source Generative AI and the most accurate Predictive AI platforms, today announced the industry's first Model Risk Management (MRM) ...
Financial IT

10th Edition Model Risk Management for Financial Institutions EMEA

Model risk management is entering a period of rapid transformation as institutions integrate increasingly complex AI, ML, and GenAI models into their inventories. Traditional validation approaches are ...
Nasdaq

New AI-Powered Experian Assistant for Model Risk Management Streamlines and Accelerates Governance Processes

Newest addition to Experian Assistant product family allows financial institutions to document, validate and monitor models with speed, transparency and audit-readiness “Manual documentation, siloed ...
SiliconANGLE

ValidMind raises $8.1M to streamline AI model risk management processes

Artificial intelligence model risk management startup ValidMind Inc. said today it has closed on an $8.1 million seed funding round that will be used to advance its go-to-market plans. Today’s round ...
Business Wire

Experian and ValidMind Partner to Transform Model Risk Management

COSTA MESA, Calif.--(BUSINESS WIRE)--Experian, a leading global data and technology company, and ValidMind, a leader in model risk management solutions, today announced a strategic partnership ...
SiliconANGLE

Ethos raises $6M to enhance model risk management for financial institutions

Modern model risk management startup Ethos AI Inc. announced today that it has raised $6 million in new funding to expand its engineering team, enhance its go-to-market efforts and strengthen its ...
insideHPC

Model Risk Management in the Age of AI

Model validation is required across all regulated industries, but FinServ institutions especially face significant regulatory compliance mandates from the federal government – placing yet another ...