With SAS® Model Risk Management, banks gain clarity on risk models
New solution helps banks prepare model governance programs for stringent regulatory standardsSAS GLOBAL FORUM - Banks continue to juggle growing demands to aggregate and analyze risks, stress test overall balance sheets, and assess the capital adequacy and variety of performance and regulatory measures. Since performance depends on many complex models, banks must develop and demonstrate a robust risk model governance strategy to regulators. Failure to actively manage business and regulatory models can expose banks to uncertainty and possibly lead to higher capital requirements. Today,