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In this webinar, Tamar Joulia, Maribel Tejada and Marko Zupan from Risk Dynamics present an approach for overall model landscape review and assessment according to Solvency II and internal management requirements. The webinar focus on clarifying the modelling expectations and on assessing a model landscape considering the institution’s business and risk profile, industry best practices and (upcoming) regulatory requirements
The webinar consists in a presentation of key principles and recommendations’ assessment for building a business case.
The following items are discussed:
New regulatory and supervisory context (Solvency II /ORSA)
Our views on the Expected Implications of this new regulatory context
Understanding the modelling challenges Challenging the current model landscape
Derived from (upcoming) regulation
Specific to the institutions’ business and risk profile
Specific to the institution’s management practices
Assessing the current modelling performance
Assess the effectiveness of the modelling landscape
Model landscape Benchmark
Published on: April 2015
Risk Dynamics has unparalleled experience in model risk management and independent validation. We have supported financial institutions of all sizes, worldwide, since 2004.
Our focus and dedication to model risk and validation services, our independence and benchmarks, combined with our ability to provide unbiased views across regions and regulatory regimes, is unique in the market.
We enhance our clients’ decision-making and risk profile by helping them to efficiently manage their model landscape, mitigate their models limitations and optimize their risk models.
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