Innovations in Model Risk Management

QU Speaker Series (Winter) Session 8: https://quspeakerseries27.splashthat....

In this QuantUniversity Winter School Guest Lecture, Jon will discuss what if a financial firm decided to delete its entire set of models and redevelop them from scratch? What might it do differently in the process of rebuilding its entire model ecosystem in order to avoid and leverage from some of its previous mistakes? How could such a firm make a model risk management (MRM) platform smarter and less resource intensive.

Krishna will propose a new framework - ML Model Performance Management which is a way to ensure that models are being tracked and analyzed through out the lifecycle.