Browsing by Subject "Model risk"

Now showing items 1-3 of 3

    • The management, mitigation and measurement of model risk in financial risk models 

      Van Biljon, L. (North-West University, 2018)
      Financial risk models are simplifications of complex real-world phenomena used to better understand the intricate nature of an underlying process such as the loss generating process in financial risk analyses. Due to this ...

    • Model misspecification in Financial Risk Management 

      Stiglingh, Zonia Chandré (North-West University (South Africa), 2022)
      Model risk has become more relevant over the past few decades. A few reasons that attribute to the rise in awareness and interest in model risk include the requirement of advanced risk models by financial sector authorities, ...

    • A proposed best practice model validation framework for banks 

      De Jongh, Pieter J.; Larney, Janette; Van Vuuren, Gary W.; Verster, Tanja; Maré, Eben (AOSIS, 2017)
      Background: With the increasing use of complex quantitative models in applications throughout the financial world, model risk has become a major concern. The credit crisis of 2008–2009 provoked added concern about the ...