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Model Validation
Model Validation: A Tier 1 South African Bank was experiencing challenges with their Internal Model for Market Risk.
Model Validation: Riskworx was engaged to perform a full model review across all asset classes, including valuation, sensitivity, stress testing and historical scenario analysis, and an assessment of parameterizations within the model. Riskworx provided recommendations for the remediation of several models, ultimately improving the banks model back testing process and the quality of their capital numbers. Visit riskworx.com and our LinkedIn page