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Opinion

10 September 2014

As regulatory pressure continues to increase, institutions have elevated the importance of managing their model risk. Regulatory focus has largely shifted to the “how”— regulators want to know how the models work and how to approach these models. During a recent webinar, Dr. David Eliezer, Vice President and Head of Model Validation at Numerix teamed up with Sidhartha Dash of Chartis Research to discuss the latest industry and regulatory developments in model risk management and some best practices for quantifying and monitoring model risk. 

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