A major advancement in risk management among large financial institutions has been the development of internal risk models. The models encompass institutions’ procedures and techniques for assessing ...

MFIs rely on standardized interest rate systems that treat borrowers uniformly, regardless of the individual likelihood of ...

This issue of The Journal of Risk Model Validation features two papers that directly address validation using machine learning. Whether their findings imply we will all (including the editor) become ...

This article was written by Jerome Barkate, Nakul Nair, Zane Van Dusen, and Scott Coulter. We are witnessing a remarkable period in the credit markets. Following years of accommodative monetary ...

How do you manage credit and counterparty risk in this volatile and uncertain environment? That’s the question on every risk manager’s mind, as bankruptcies from COVID-19 and the subsequent economic ...