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5 Ways to Improve Model Risk Management

Nov 17, 2023 | How well a financial services firm fares in a crisis isn’t down to luck. A large part of their ...

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The Road to Better Model Risk Management

Oct 27, 2023 | As the financial sector faces the most treacherous risk climate in more than a decade, financial ...

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Model Risk Management Challenges and Opportunities in a Volatile World: A Q&A with Evan Sekeris

Jan 20, 2023 | Contending with an unprecedented combination of shocks, financial risk modelers have lately had to ...

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Model Risk Management Lessons Learned: Tracing Issues from the Pandemic to the Great Recession

Jul 8, 2022 | Even before the pandemic, model risk management (MRM) departments seemed to be on shaky ground. ...

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Risk Accounting, Modeling and Non-Financial Risk: An Argument for Better Integration

Aug 13, 2021 | Not much more than a decade ago, we were in the midst of the global financial crisis. In contrast ...

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5 Ways to Improve Model Risk Management

How risk assessment, data management, governance and AI can contribute to continuous improvement

Friday, November 17, 2023

How to Better Manage Operational Risk in Uncertain, Volatile Times

Banks must now contend with complex cyber hazards, growing AI and a variety of other threats, but there are specific steps they can take to improve...

Friday, August 9, 2024

Preparing for Disruptions: Lessons Learned from the CrowdStrike Outage

An IT failure of global proportions exposed shortcomings in resilience planning. More extensive, automation-aided scenario simulations will be needed...

Friday, August 23, 2024

Anti-Money Laundering Rules Go in ‘Risk-Based’ Direction

The U.S. Financial Crimes Enforcement Network calls for effective, “reasonably designed” compliance programs. They may not allay concerns about costs.

Friday, March 21, 2025

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OpRisk Capital Chess: Banks Lose First Match

Apr 1, 2021 | Playing the white pieces, the banks led with the regulatory capture opening. In a sequence of ...

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As Catastrophe Losses Rise, Models Adjust Incrementally

Feb 5, 2021 | Record numbers of hurricanes and wildfires are unlikely to prompt significant changes in models ...

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