🌟 🙌 We’ve recently spoken about the importance of maintaining a positive model risk culture... But how do you create one in the first place? 👇 Swipe through the slides below for four quick tips 👇 Or read our dedicated article for the full insights 👉 https://lnkd.in/eBeti5we 📧 Need specialist Model Risk Management support? Get in touch with info@4-most.co.uk #4most #ModelRiskManagement #Banking
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Great advice! Working alongside the Model Risk Management team at 4most has really shown me that when developing new machine learning and generative AI models it can save you a lot of remedial work later by considering all the risks in a structured and constructive way before you implement.
🌟 🙌 We’ve recently spoken about the importance of maintaining a positive model risk culture... But how do you create one in the first place? 👇 Swipe through the slides below for four quick tips 👇 Or read our dedicated article for the full insights 👉 https://lnkd.in/eBeti5we 📧 Need specialist Model Risk Management support? Get in touch with info@4-most.co.uk #4most #ModelRiskManagement #Banking
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⚙️ 🔦 Improving efficiency - the third core element of robust Model Risk Management (MRM) All departments should be targeting efficiency while maintaining cost control, and MRM is no exception. The problem is, with an expanding scope driven by regulation, MRM compliance can easily result in inefficiencies. 📘 4most’s Lucy Worsley shines a light on how to tackle these inefficiencies in our latest article 👉 https://lnkd.in/eBePvMHh #4most #ModelRiskManagement #Banking #Consulting
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As banks evolve, legal teams face the challenge of balancing risk management with agility. Streamlining operations is essential for boosting productivity and supporting strategic transformation. In this article, Tuna Kutsal, Eiméar Mullan, Alexander Amato-Cravero, Susannah Wilkinson, Lisa McLaughlin and Emily Coghlan explore how legal functions can adapt to meet changing business priorities and drive lasting change. Find out more in our 2024 Global Bank Review. https://lnkd.in/ekiYG7Pb #banking #bankinginnovation #bankingindustry #GlobalBankReview
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There is no such thing as failure as long you learn. Join the #Nteam for valuable insights regarding what can be gleaned about risk when things don’t go exactly as planned.
Tune in for tomorrow's #webinar on what bank failures can teach us about risk. You'll gain valuable insights into what went wrong and how your institution can avoid similar pitfalls. Register to join the discussion👇 https://lnkd.in/ggf7ntvB #Banking #RiskManagement
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An internal assessment tool, Banks and NBFCs must look at.
Discover how an Internal Rating Solution from #ICRAAnalytics empowered a leading public sector bank to achieve superior risk management and enhanced performance. Read more 👇https://lnkd.in/dQDsVX6T #ICRAAnalytics #creditscoring #creditriskmanagement #creditrisk #banking #nbfcs #internalratingsolution #creditriskscoringtool
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Tune in for tomorrow's #webinar on what bank failures can teach us about risk. You'll gain valuable insights into what went wrong and how your institution can avoid similar pitfalls. Register to join the discussion👇 https://lnkd.in/ggf7ntvB #Banking #RiskManagement
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We surveyed CROs & Heads of Risk Systems from a range of Tier 2 banks about pressing challenges, technology trends, and future strategies in risk management. Download the full survey results > https://lnkd.in/eVpShYJr #RiskManagement #Banking #TechTrends #capitalmarkets
Survey: Risk Trends 2024
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Discover how an Internal Rating Solution from #ICRAAnalytics empowered a leading public sector bank to achieve superior risk management and enhanced performance. Read more 👇https://lnkd.in/dQDsVX6T #ICRAAnalytics #creditscoring #creditriskmanagement #creditrisk #banking #nbfcs #internalratingsolution #creditriskscoringtool
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Herbert Smith Freehills Global Bank Review 2024 hits the mark with topics on Sustainability linked finance, ESG, Change, Culture and global innovation. Super read.
As banks evolve, legal teams face the challenge of balancing risk management with agility. Streamlining operations is essential for boosting productivity and supporting strategic transformation. In this article, Tuna Kutsal, Eiméar Mullan, Alexander Amato-Cravero, Susannah Wilkinson, Lisa McLaughlin and Emily Coghlan explore how legal functions can adapt to meet changing business priorities and drive lasting change. Find out more in our 2024 Global Bank Review. https://lnkd.in/ekiYG7Pb #banking #bankinginnovation #bankingindustry #GlobalBankReview
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Operational and Non Financial risk management does face some real challenges- the breadth and pace of change, volatile world, new business models, changing risk profiles - to name a few, but as my colleague, Luke Carrivick, argues we shouldn't ignore the progress that has already been made or shy away from tackling these challenges if we want to continue to deliver value to our firms Read more below👇 https://lnkd.in/eYM2FY_3 #ONFR #RiskManagement #ORX
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Lucy Worsley