Adapting Model Validation Practices to Accommodate Artificial Intelligence, Machine Learning, and Updates in Regulatory Requirements’
This premier event will explore key advancements in model risk validation frameworks and procedures to elevate success and achieve longevity of risk management efforts.’
As technology continues to advance, models continue to increase in complexity and use. The strategies and tactics financial institutions can implement to improve their models by accurately detecting and identifying model risk and limitations can lead to higher performance, regulatory compliance, fraud detection, as well as bolstering customer relationships. Given the evolving technological and regulatory environments, it is becoming even more imperative for organizations to strengthen and advance their model validation processes to mitigate model risk and limit impacts to the business.’
Key Topics Include:’
- Implement Artificial Intelligence (AI) and Machine Learning (ML) models into existing model risk and validation frameworks
- Solidify Current Expected Credit Losses (CECL) methodology to prepare effectively and ensure compliance
- Elevate ongoing monitoring to implement modelling real-time and streamline
- Combat fraud and anti-money laundering with AI and ML
- Improve model predictability to meet appropriate thresholds
marcus evans specializes in the research and development of strategic events for senior business executives. From our international network of 63 offices, marcus evans produces over 1000 event days a year on strategic issues in corporate finance, telecommunications, technology, health, transportation, capital markets, human resources and business improvement. Above all, marcus evans provides clients with business information and knowledge which enables them to sustain a valuable competitive advantage and makes a positive contribution to their success. Testimonials from previous editions: “One of the best conferences on model validation out there!’
“ -Genworth Financial “Excellent conference! Speakers were industry leaders with a command of topics, energy, and passion.’
“ -Regions Financial “Very valuable conference. Industry leaders with significant experience sharing their views and insights.’
“ -Federal Home Loan Bank of Chicago
