About the Conference
The application of model risk management is becoming ever more important for banks as the reliance on models to meet regulatory challenges and improve business performance increases. Risk.net is launching the Model Risk Management Summit to look at the analytical skills, governance and structures required for effective model risk management and the role that big data analytics and machine learning have to play. Attention will also focus on the expectations and impact of the ECB's Targeted Review of Internal Models (TRIM). Scrutiny of the adequacy and consistency of internal models is being pushed up the regulatory agenda and this conference will examine how European banks are prioritising compliance efforts and what this means for the future of internal models.