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Effective Documentation in Model Risk Management
Effective Documentation in Model Risk Management Effective documentation is a critical component of model risk management. Several types of effective documentation are discussed. 6442468153 4/1/ ...- Authors: Robert Crompton
- Date: Apr 2016
- Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Modeling Platform
- Topics: Enterprise Risk Management>Operational risks
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A framework for ESG validation
A framework for ESG validation This article describes the key elements of a review of an economic scenario generator (ESG), including scoping, parameters, models, and model efficiency. Stochastic ...- Authors: Bruce Rosner
- Date: Apr 2016
- Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Modeling Platform
- Topics: Modeling & Statistical Methods>Scenario generation; Modeling & Statistical Methods>Stochastic models
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And What About Model Efficiency Governance?
And What About Model Efficiency Governance? While Model Efficiency and Model Governance may seem like completely separate topics, there is an intersection of them that should be of growing ...- Authors: Trevor Howes
- Date: Apr 2016
- Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Modeling Platform
- Topics: Enterprise Risk Management>Governance; Modeling & Statistical Methods>Modeling efficiency
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How to Keep Your Spreadsheets Out of the Headlines
How to Keep Your Spreadsheets Out of the Headlines Summarizing the session "How to Keep Your Spreadsheets Out of the Headlines", on preventing spreadsheet error, from the 2015 SOA ...- Authors: Mary Campbell
- Date: Apr 2016
- Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Modeling Platform
- Topics: Actuarial Profession>Best practices; Technology & Applications>Software
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Some Toys Are Useful
Some Toys Are Useful Actuarial models may seem like toy-tools, yet they are not all created equal when it comes to delivering results. All models are wrong, according to George Box, yet some are ...- Authors: Frank Grossman
- Date: Apr 2016
- Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Modeling Platform
- Topics: Modeling & Statistical Methods>Modeling efficiency
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Editor's Note
Editor's Note A brief survey of articles in this issue model validation;modeling efficiency;assumptions 6442468158 4/1/2016 12:00:00 AM ...- Authors: Phillip Schechter
- Date: Apr 2016
- Competency: Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Modeling Platform
- Topics: Actuarial Profession>Competencies