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 DekaBank, DZ Bank AG, Rabobank, Sberbank, attendees had the opportunity to discuss key issues for the industry and to share their views on model risk management applied to IRB, IFRS 9 y CECL, models, as well as to some other models.
Management Solutions' presentation was entitled "Building a risk management model framework" and reviewed the current MRM regulation 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.