Model risk is an ever present occurrence when financial institutions use models, whether for pricing, risk management or decision making in general. Following the financial crisis regulatory and supervisory scrutiny of this topic has increased considerably. Banks across the world are beginning to realize that they need to catch up to the high standards of model risk management that are expected by the regulators.

KPMG firms offer a wide range of Model Risk Management services to help meet these standards. KPMG professionals can also provide support through tools designed to help guide an institution on its maturity journey.

Browse a selection of our thought leadership articles on a range of topics such as model validation, outsourcing and MRM in the context of AI and machine learning.