Transcription of Model Risk Management
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Model Risk Management
Financial Risk ManagementQuantitative and qualitative aspects Design and LayoutMarketing and Communication DepartmentManagement Solutions - SpainPhotographsPhotographic archive of Management SolutionsFotolia Management Solutions 2014 All 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
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