Driving Transformation of Model Cycle in Uncertain Time
About the webinar
The COVID-19 pandemic caused a massive disruption in the usage of risk models in banks. Some models have failed in the crisis, others were used with significant judgmental overlays, and most have been regularly re-calibrated as the pandemic effects vary.
Compounding the COVID-19 effects are regulatory requirements and models' increasing time to market. Institutions realize that even when they have a clear strategy, having them deployed months later is unsustainable, especiallyt in a rapidly changing environment.
Post-COVID, the expected recovery shape will mean redevelopment, resegmentation and perhaps redesign of market strategies.
Leaders will have to make smart choices to make the model strategies efficient and sustainable in a crisis like COVID and be more resilient in the future. This crisis has caused banks to re-evaluate the entire model landscape and model life cycle to build better models, deploy and manage them more efficiently.
Join us in this PRMIA & SAS webinar to hear from our experts strategies to maintain and improve model efficiency.
Welcome and Introductions
Moderated Panel Discussion
Audience Q&A and Closing
- Sarah Reppchen Co-Regional Director PRMIA Vancouver and Leader Financial Services Risk Advisory, Deloitte
- Mario Schlener Partner, FSRM practice lead, Canada & global FS risk technology, alliance, innovation lead, Ernst & Young LLP