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Clarifying Common Misunderstandings Around Model Validations
The Great Recession spotlighted the impact of financial institutions’ heavier reliance on models to make key strategic decisions, as many models produced incorrect results or failed to perform as intended…
Managing Model Risk Responsibilities for Vendor Models
Financial institutions often rely on third parties to meet their model development needs, especially in the case of smaller institutions…
Meet The Team: Bradley Myles
Bradley Myles is the new Senior Vice President of Content Analysis at MountainView Risk and Analytics leading focused on validating statistical and quantitative models. Bradley is a highly-skilled financial professional with more…
Deposit Market Snapshot: December 2021
The best way to characterize my view of the economy is one of cautious optimism. GDP continues to grow at a moderate rate; the unemployment rate has fallen sharply while employment has risen dramatically; consumption and retail sales are relatively strong, and monetary and fiscal policies remain expansionary.
Financial Models: What You Should Know
Financial modeling is a powerful tool that – when leveraged correctly – can boost your institution’s ability to make educated decisions. Its benefits, attested to by the Corporate Finance Institute, include increasing general…