The regulatory environment continues to increase in complexity as the EBA and the PRA provide new guidelines and updates to ...

NEW YORK, NY--(Marketwire - Sep 26, 2012) - Errors in financial models that banks use on a daily basis could lead to tremendous financial and non-financial losses. It is crucial for banks to ...

A new study suggests that lenders may get their strongest overall read on credit default risk by combining several machine ...

Operational risk scenario analysis has existed for a long time. Why is it under more scrutiny now? Patrick Naim, Elseware: I ...

The escalation of trade tensions and tariff shocks has created persistent uncertainty for financial institutions by directly impacting the integrity of traditional bank risk models. Conventional ...

By welcoming AI-driven vendor platforms into their banks, small and midsize institutions are introducing risks that are ...

Model risk management is entering a period of rapid transformation as institutions integrate increasingly complex AI, ML, and GenAI models into their inventories. Traditional validation approaches are ...

Clearwater Analytics(NYSE: CWAN), the most comprehensive technology platform for investment management, today announced breakthrough embedded agentic AI capabilities within Beacon by CWAN, its ...

Modern model risk management startup Ethos AI Inc. announced today that it has raised $6 million in new funding to expand its engineering team, enhance its go-to-market efforts and strengthen its ...