Model Risk: Definition, Management Strategies, and Real-World Cases

Learn about model risk, its causes, management strategies, and real-world examples from financial industry pitfalls. Unlock ...
SiliconANGLE

Ethos raises $6M to enhance model risk management for financial institutions

Modern model risk management startup Ethos AI Inc. announced today that it has raised $6 million in new funding to expand its engineering team, enhance its go-to-market efforts and strengthen its ...
JournalofAccountancy

Managing the risks associated with models

Models are everywhere. Many organizations use models for facilitating the decision-making process, for accounting and tax purposes, and for managing day-to-day operations. In fact, organizations are ...
Business Wire

Experian and ValidMind Partner to Transform Model Risk Management

COSTA MESA, Calif.--(BUSINESS WIRE)--Experian, a leading global data and technology company, and ValidMind, a leader in model risk management solutions, today announced a strategic partnership ...
Forbes

Responsible AI With Model Risk Management

The desire among financial institutions to better mitigate risk gained renewed prominence as a result of the financial crisis of 2008. Subsequent regulatory and governance requirements fostered ...
Security

Cloud Security Alliance issues Artificial Intelligence (AI) Model Risk Management Framework

The latest set of AI guidance from the Cloud Security Alliance (CSA) explores the importance of Model Risk Management (MRM) in ensuring the responsible development, deployment, and use of AI/ML models ...
Bloomberg L.P.

Redefining risk modeling for a new era of investing

Powered by advanced factor research and daily refreshed data, Bloomberg’s MAC3 Risk Model transforms how investors see and manage risk in a multi-asset world. Bloomberg MAC3 gives investors a unified ...