Management Solutions participates in the Risk.net Model Risk Management conference

Management Solutions participated as a speaker at a two-day training conference on Model Risk Management (MRM) organized in London by Risk.net and attended by representatives from the main local and international financial institutions with a presence in the country

During the conference, which brought together the industry’s main leaders in the area of risk management and was attended by representatives from financial institutions such as HSBC, DekaBank, Barclays and Bank of England, attendees had the opportunity to discuss key issues for the industry and to share their views on model risk management applied to ALM, IRB, IFRS 9 and CECL models, as well as to some other models.

Management Solutions’ presentation, co-delivered by Javier Calvo and Diederick Potgieter (from the PRA/Bank of England, author of UK regulations on model risk), was entitled "Building a risk management model framework" and reviewed the current MRM regulation in the United Kingdom and its future outlook, providing a detailed view of the components in a model risk management framework: organization, governance, policies and procedures, inventory, data and MRM tools.

Management Solutions participates in the Risk.net Model Risk Management conference