PALO ALTO, Calif.--(BUSINESS WIRE)--ValidMind, the leading next-generation AI and model risk management platform for financial services, today announced it was recognized in the Chartis Research Model ...

This issue of The Journal of Risk Model Validation looks at various novel approaches to risk model validation. The issue’s first paper, “An aggregated metrics framework for multicriteria model ...

This study investigates the potential of probabilistic classification to enhance credit-scoring accuracy, with a focus on model validation through reliability thresholds. By quantifying prediction ...

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 ...

The LIFE-T1D model, demonstrated an ability to estimate the lifetime risk of heart disease among several groups of people with type 1 diabetes (T1D). Researchers have developed a tool they say can ...

An AI model significantly improved recurrence risk stratification vs. recurrence score among patients with hormone ...

Models are everywhere. Many organizations use models for facilitating the decision-making process, for accounting and tax purposes, and for managing day-to-day operations. In fact, organizations are ...