SEATTLE--(BUSINESS WIRE)--The latest set of AI guidance from the Cloud Security Alliance (CSA), the world’s leading organization dedicated to defining standards, certifications, and best practices to ...
While the Federal Deposit Insurance Corporation (FDIC) updated its model risk management guidelines in June 2017, under FIL-22-2017, it has taken time for the full implications of the changes to ...
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--H2O.ai, the leader in open-source Generative AI and the most accurate Predictive AI platforms, today announced the industry's first Model Risk Management (MRM) ...
Predictive models are a core element of many regulatory frameworks to calculate results in a stressed business environment. Institutions have modeling teams who manage models under the PRA’s SS3/18 ...
Regulators around the world differ in their approach to model risk management (MRM) regulation – including their definitions of what a model is. While some are more prescriptive, others such as the UK ...
The PRA’s new supervisory statement extends banks’ model risk management obligations “across all models” - not just capital and stress testing. What steps must banks take to comply? Despite last ...
Christian is the CEO and Co-Founder of risk3sixty. As a cybersecurity expert, he has overseen more than 2000 engagements. There’s a common misconception floating around that companies are behind when ...
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 ...
North America dominates the global market with 38% of market share, led by the United States, where regulatory agencies such as the Federal Reserve, OCC, and FDIC continue to enhance guidelines for ...
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