Automating Model Risk Compliance: Model Validation
DataRobot Blog
MAY 26, 2022
What are some steps that the modeler/validator must take to evaluate the model and ensure that it is a strong fit for its design objectives? When the FRB’s guidance was first introduced in 2011, modelers often employed traditional regression -based models for their business needs. Conceptual Soundness of the Model. Conclusion.
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