by Jonathan Leonardelli, FRM | Sep 19, 2024 | Model Development
This blog series explores the stages of the Model Development Lifecycle (MDLC) so that you understand the components of model development and maintenance as well as where potential sources of model risk can reside. Read the first post here for an introduction to the...
by Jonathan Leonardelli, FRM | Sep 5, 2024 | Model Development
Few people know that model development has a lifecycle (MDLC) just like software development. What is the Model Development Lifecycle? The model development lifecycle is a process that any modeler or risk manager should be aware of when models are being created and...
by Regitze Ladekarl, FRM | Aug 19, 2024 | Risk Report
For those still holding their breath: yes, the headline inflation rate did come down, and yes, we are back on ramp to interest rate cuts soon, and yes, soon is firming up to mean September. And soon needs to be soon because there are debt burdens starting to throw...
by Regitze Ladekarl, FRM | Aug 12, 2024 | Risk Report
We were so close! The economic floor routine to stick a soft landing—taming inflation with high rates without causing a recession—seemed on track and within reach and expectations were running high and then a few things happened in rapid succession: BoJ hiked their...
by Regitze Ladekarl, FRM | Jul 22, 2024 | Risk Report
Back in 1967, there was a Danish variety show featuring a song called The Swings and The Carousels. The chorus ran along the lines of: We need to earn on the swings What we lost on the carousels Referring to the old amusement park, Tivoli, in Copenhagen, it is...
