A major advancement in risk management among large financial institutions has been the development of internal risk models. The models encompass institutions’ procedures and techniques for assessing ...

Learn how the Advanced Internal Rating-Based (AIRB) approach helps financial institutions internally assess credit risk using ...

A new model for governance and risk management issued Monday by the Institute of Internal Auditors (IIA) makes major updates to the Three Lines of Defense model that has been popular for years. Called ...

Modern financial systems are built on risk models for good reason. They provide structure in uncertainty, comparability ...

On April 9, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency (collectively, the agencies), in ...

Indra Reddy Mallela has been at the forefront of financial risk model validation, continuously pushing the boundaries of compliance and fraud detection. With a background spanning roles at leading ...

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 ...

Swiss Re has announced that Fathom’s flood hazard and terrain data are now being integrated into its internal catastrophe model, enhancing the reinsurance ...

This is the first article in a three-part series focusing on conditions and volatility in energy and commodity markets, and how trading firms and commodity brokers must assess the ongoing changes and ...