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Challenges and Solutions in Model Risk Management    

About this paper

New regulations such as Dodd-Frank and CCAR have introduced hundreds of new models to the risk management arena. Now it’s more important than ever for risk professionals to understand how to adequately identify, measure, manage and monitor the specific risks inherent in their models. This paper, produced in partnership with the Global Association of Risk Professionals (GARP), explores the rise of model risk awareness, sources of risk, taking inventory of and measuring risk, and why ensuring optimal models is critical.

About SAS

SAS is the leader in business analytics software and services, and the largest independent vendor in the business intelligence market. Through innovative solutions, SAS helps customers at more than 70,000 sites improve performance and deliver value by making better decisions faster. Since 1976 SAS has been giving customers around the world THE POWER TO KNOW®.

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