Spotlight on Model Risk Management

A primer outlining Chartis' evolving approach to model risk research, which combines model risk governance and model validation, reflecting the convergence of the two disciplines in the marketplace.

This primer outlines a shift in Chartis' approach to model risk research. Continual development, investment and expenditure in the space means that MRM now features in its own industry report within Chartis’ research agenda, rather than as a sub-segment of governance, risk management and compliance (GRC). Our new approach incorporates a combined view of model risk governance and model validation, reflecting the convergence of the two disciplines in the marketplace.

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