Risk report accuracy declines regularly in the course of business: Input/output data errors, model configuration, formatting, & validation errors all contribute to the degradation of risk reporting trustworthiness.
Red Swan Risk has been diagnosing and remediating Model Risk since 2008, directly targeting the sources of Model Risk.
- Input/output data management and process automation
- Model configuration, formatting, and validation
- Ongoing monitoring, diagnostics, analysis and remediation
- Version control, documentation and audit support