SEATTLE--(BUSINESS WIRE)--The latest set of AI guidance from the Cloud Security Alliance (CSA), the world’s leading organization dedicated to defining standards, certifications, and best practices to ...

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--H2O.ai, the leader in open-source Generative AI and the most accurate Predictive AI platforms, today announced the industry's first Model Risk Management (MRM) ...

The PRA’s new supervisory statement extends banks’ model risk management obligations “across all models” - not just capital and stress testing. What steps must banks take to comply? Despite last ...

Against a background of increasing reliance on models and scenario analysis to assess future risks, the UK’s bank regulator, the Prudential Regulation Authority (“PRA”), has published a supervisory ...

This past June 2022, the Prudential Regulation Authority (PRA) released its Supervisory Statement (SS) on their expectations for banks’ model risk management. Just like the US supervisory guidance ...

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 ...

Artificial intelligence is creating new opportunities across a wide range of use cases in the financial industry. Leading firms are looking for opportunities to better balance innovation with risk and ...

Christian is the CEO and Co-Founder of risk3sixty. As a cybersecurity expert, he has overseen more than 2000 engagements. There’s a common misconception floating around that companies are behind when ...