Model Risk Management, Canada

In addition to being a sponsoring firm, Management Solutions participated in a fireside chat at the Model Risk Management event organized by GFMI and Marcus Evans in Toronto, which brought together model risk management experts from North American banks, credit unions, and insurers 

 

The event addressed the challenges facing the sector ahead of the implementation in May 2027 of the E-23 Guide to Model Risk Management (MRM), as well as the need to adapt MRM frameworks as artificial intelligence and machine learning transform banking and insurance industries.

Miguel Valdunquillo, Partner at the Firm, engaged in a discussion with Satish Kumaraswami, Head of Model Risk Management at Scotiabank, on the transformation of model risk and global industry trends.