Finextra

Navigating Model Risk Management Regulation On A Global Scale

Regulators around the world differ in their approach to model risk management (MRM) regulation – including their definitions of what a model is. While some are more prescriptive, others such as the UK ...
Business Wire

RMS Advances Climate Risk Modeling and Moves More Models to High Definition

NEWARK, Calif.--(BUSINESS WIRE)--RMS ®, a Moody’s Analytics company and world-leading risk modeling and solutions company, today announces it will be releasing four new High Definition™ (HD) models, ...
TechCrunch

Climate risk startup Mitiga gets $14.4M to help businesses face an uncertain future

One pretty obvious aspect of the climate emergency which may have flown under your radar is that human-driven global heating is disrupting traditional approaches to risk modelling around natural ...
Forbes

The Costs Of Flawed Flood Risk Models Hit Poor Communities Hardest

Forbes contributors publish independent expert analyses and insights. Monica Sanders covers climate justice and sustainability from the DMV. As climate change accelerates, so does the need for ...
Finextra

Rethinking credit risk models in an era of geopolitical instability

Long-term forecasts for impairment and capital are often built on the assumption that tomorrow will broadly resemble yesterday. Historical shock events such as the 1997 Russian debt default, the 2008 ...