Regulators around the world differ in their approach to model risk management (MRM) regulation – including their definitions of what a model is. While some are more prescriptive, others such as the UK ...

Learn about the Merton Model for evaluating corporate credit risk, developed by Robert Merton in 1974, and used by analysts ...

The revised guidance creates an opportunity for institutions to rethink their model risk strategies. The first priority is ...

This article was written by Antonios Lazanas, Head of Portfolio and Index Research at Bloomberg. Modern risk modelling is not just about monitoring risk. Sure, the specialists who manage risk are ...

The global reinsurance broker Guy Carpenter, a partner to @Nasdaq and user of the Nasdaq Risk Modelling for Catastrophes service, continuously develops new catastrophe risk models. Mark Weatherhead, ...

The Financial Industry Regulatory Authority (FINRA) recently published a transparent description of how it assesses member-firm risk and uses those results to plan and tailor examinations. This ...