Model validation should not be a tick box exercise. It has all the right ingredients to be a value adding exercise that can help senior management understand what really drives the business from a risk and capital perspective. Model validation can be a stressful, bloated process - and may not be as value adding as it could be.
The speakers will present their perspectives of formulating an optimal process by means of example case studies. The agenda will discuss current issues, ways to overcome them and a role of model use. This will be an in-depth extension of the blog: https://www.barnett-waddingham.co.uk/comment-insight/blog/model-validation-key-steps-to-a-faster-smoother-process/