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Model Risk Management

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Financial Risk ManagementQuantitative and qualitative aspects Design and LayoutMarketing and Communication DepartmentManagement Solutions - SpainPhotographsPhotographic archive of Management SolutionsFotolia Management Solutions 2014All rights reserved. Cannot be reproduced, distributed, publicly disclosed, converted, totally or partially, freely or with a charge, in any way or procedure, without the expresswritten authorisation of Management Solutions. The information contained in this publication is merely to be used as a guideline.

6. These guidelines cover all phases of a model’s life cycle: development and deployment, use, validation, governance policies, control and documentation by all involved; the documentation aspect is particularly emphasized due to its importance in effective model validation. 7. Among the main requirements is the need to address

  Guidelines, Model, Management, Control, Risks, Model risk management

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