Building the Business Case for Enhanced Model Risk Management
The scrutiny surrounding Model Risk Management (MRM) continues to grow, as regulators focus on SS3/18 and Operational Resilience, and management focus on the importance of models to meet the strategic needs of the organization.
Complete the form to access this webinar recording, from KPMG and ClusterSeven, to gain new insights into how to take your Model Risk program to the next stage of its evolution. Explore the common issues firms have, how to mitigate them, as well introduce cost savings and efficiencies.
Areas we will explore include:
- The ever increasing book of work and MRM scope.
- The challenge of regulations impacting models, and the projects that use them, like LIBOR, including the requirements and the enhanced scrutiny.
- The shortcomings of manual and inefficient approaches in meeting these challenges.
- The higher expectations of model management and reporting.
- The potential capital implications of enhanced MRM.