Model Validation

RiskSpan's approach to model validation encompasses a comprehensive review of the modeling process. We maintain a suite of proprietary and commercially licensed models to benchmark client models and provide an independent review of risk management, oversight and internal control practices. We deliver defensible methodologies and audit-ready documentation.

Our approach includes the following steps

  • Methodology Review
  • Data Quality Review
  • Regulatory Compliance Assessment
  • Internal Controls Review
  • Statistical Sampling and Assumption Benchmarking
  • Code Review and Model Replication