Contending with an unprecedented combination of shocks, financial risk modelers have lately had to muddle through some very tough times. Indeed, when you are relied upon to forecast the financial...
January 20, 2023 | By Tod Ginnis
Even before the pandemic, model risk management (MRM) departments seemed to be on shaky ground. Indeed, at many financial institutions, credit risk modeling had become largely a check-the-box...
July 8, 2022 | By Deniz Tudor
Not much more than a decade ago, we were in the midst of the global financial crisis. In contrast to the crisis that is now looming - climate change - banks were then the polluters, not with toxic...
August 13, 2021 | By Peter Hughes
Playing the white pieces, the banks led with the regulatory capture opening. In a sequence of expertly coordinated moves, they progressively took control of the chessboard. That should have led to an...
April 1, 2021 | By Peter Hughes
Record numbers of hurricanes and wildfires are unlikely to prompt significant changes in models gauging the probability of resulting losses, but tools accompanying recent catastrophe model updates...
February 5, 2021 | By John Hintze
•Bylaws •Code of Conduct •Privacy Notice •Terms of Use © 2023 Global Association of Risk Professionals