Automating Model Risk Compliance: Model Development
DataRobot
MAY 10, 2022
It has been over a decade since the Federal Reserve Board (FRB) and the Office of the Comptroller of the Currency (OCC) published its seminal guidance focused on Model Risk Management ( SR 11-7 & OCC Bulletin 2011-12 , respectively). Developing Robust Machine Learning Models within a MRM Framework. To reference SR 11-7: .
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