DataRobot Blog

APRIL 29, 2022

The stakes in managing model risk are at an all-time high, but luckily automated machine learning provides an effective way to reduce these risks. However, after the financial crisis, financial regulators around the world stepped up to the challenge of reigning in model risk across the financial industry.

Risk 111

Risk Modeling IT Risk Management 111

O'Reilly on Data

JULY 15, 2019

After the 2008 financial crisis, the Federal Reserve issued a new set of guidelines governing models— SR 11-7 : Guidance on Model Risk Management. Note that the emphasis of SR 11-7 is on risk management.). Sources of model risk. Model risk management. Image by Ben Lorica. Model monitoring.

Machine Learning 38

Machine Learning Management Enterprise Risk Management 38

Jet Global

APRIL 5, 2021

Risk management. If you are looking for more sample financial models in Excel , insightsoftware has a large number of sample reports that you can download. Asset and Liability Management (ALM). For example, pension funds must be able to pay pensioners during any economic conditions, including a crisis like 2008.

Modeling 98

Modeling Forecasting Metrics Finance 98