The event aimed to share the key trends on model risk, review the main regulatory guidelines and the governance that goes with MRM, and provide an overview of how to build a model risk framework for both pricing and other types of models such as retail banking. The seminar was attended by representatives from entities such as Danske Bank, Nordea, Swedbank, the European Investment Bank and Lloyds.
Management Solutions' presentation, given by Javier Calvo, was entitled "Building a model risk management framework", and shared with those present the Firm's experience in MRM (subject area of a whitepaper published by Management Solutions) and the current trends in model risk management.
