Model validation
Fed orders banks to break open black boxes
Banks struggling to prise information out of vendors after Fed clamps down
Comparative analysis of credit risk models for loan portfolios
In this paper, the authors compare credit risk models that are used for loan portfolios, both from a theoretical perspective and via simulation studies.
UK insurers’ internal model validation processes 'hugely inefficient'
Firms struggling with validating external models, expert judgement and risk dependencies, say experts
Hedge backtesting for model validation
Hedge backtesting for model validation
