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 | Feb 26, 2024 | Risk Report
Information about the Chinese financial markets is often fleeting, sparse, and long after the fact. This week, however, Bloomberg brought a piece on a recent Quant Quake, a headline too good to pass up. The piece talks about how Chinese quant hedge funds—hedge funds...
by Hannah Wiser | Oct 20, 2020 | Artificial Intelligence
Through the lens of Financial Risk, this blog series will focus on Financial Institutions as a premier business use case for Artificial Intelligence and Machine Learning. For any application of machine learning (ML) being considered for industry practice, the most...
by Jonathan Leonardelli, FRM | Jun 9, 2020 | Regulations
In a recent webinar I participated in with SAS we discussed Economic Impact Analysis (EIA). While EIA is similar in concept to stress testing, its main goal is to allow credit unions to move quickly to evaluate economic changes to their portfolio—such as those brought...
by Jonathan Leonardelli, FRM | Feb 13, 2020 | Business Analytics
A recent white paper I wrote discussed the benefits of scenario analysis. The purpose of scenario analysis is to see how economic, environmental, political, and technological change can impact a company’s business. The recent outbreak of COVID-19...
