Modern model risk management startup Ethos AI Inc. announced today that it has raised $6 million in new funding to expand its engineering team, enhance its go-to-market efforts and strengthen its ...

Insurance broker Willis, a WTW business, has launched a specialised, forward-looking risk management model designed to ...

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 ...

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) ...

Ang Shen joins loan subservicer from KPMG advisory practice. Cenlar FSB, a leading mortgage loan subservicer and federally chartered wholesale bank, has announced that Ang Shen has joined Cenlar as ...

Artificial intelligence model risk management startup ValidMind Inc. said today it has closed on an $8.1 million seed funding round that will be used to advance its go-to-market plans. Today’s round ...

The Office of the Superintendent of Financial Institutions (OSFI) recently released an updated draft of Guideline E-23 Model Risk Management (Draft Guideline) setting expectations related to ...

COSTA MESA, Calif.--(BUSINESS WIRE)--Experian, a leading global data and technology company, and ValidMind, a leader in model risk management solutions, today announced a strategic partnership ...

Newest addition to Experian Assistant product family allows financial institutions to document, validate and monitor models with speed, transparency and audit-readiness “Manual documentation, siloed ...

(MENAFN- EIN Presswire) EINPresswire/ -- AI Model Risk Management Market to Surpass $11 billion in 2029. Within the broader Information Technology industry, which is expected to be $12,711 billion by ...

Model validation is nothing new for FinServ organizations, who must ensure predictive models adhere to an ever-expanding variety of consumer protection and recession-proof regulatory acts like CCAR, ...