Regulators at your door? Have Answers to Their Model Risk Requirements at Your Fingertips

Model Validation isn’t new to banking. But with regulators and auditors demanding more and more stringent proof of models’ proper implementation, the slow, painful and expensive process of executing model validation can quickly become a burden – weighing down quant teams and cutting into already tight profit margins.

What if you could have detailed, transparent, regulator ready reporting at your fingertips without straining internal resources? What if you could leverage state of the art mathematical testing run across thousands of scenarios and supported by recognized mathematical theorems? What if you could also get expert insights on model suitability? And what if you could get all this for not only Numerix models but bespoke models and libraries?

In this webinar recorded on November 6th, 2014 featured speakers Jim Jockle, Chief Marketing Officer at Numerix, explored the challenges banks face in addressing the risks and regulatory requirements around model validation. Then, Dr. David Eliezer, Vice President and Head of Model Validation, shared how Numerix addresses these challenges through the Numerix suite of Model Risk Management Solutions.

The seminar will cover:

  • Regulatory Drivers and Pain Points to Model Validation

  • The Numerix Model Validation Approach

    • Calibration Testing

    • Smoothness Testing

  • Numerix Validation Reports

    • Quarterly Reporting

    • Regulator Ready

  • Third Party Models

  • Meet the Numerix Validation Team

Attendance is Complimentary for Numerix Clients, Registration is required.

Featured Speakers:

David Eliezer, PhD, Vice President, Head of Model ValidationDavid Eliezer, PhD, Vice President, Head of Model Validation David Eliezer has been a quant on Wall Street for 18 years, at Goldman Sachs, Morgan Stanley, General Re Financial Products, and Bloomberg, among others. He has published work on option pricing and on modeling liquidity in finance. He runs the internal testbed for Numerix models and he leads the Model Validation group at Numerix.

Jim Jockle, Chief Marketing Officer, NumerixModerator: Jim Jockle, Chief Marketing Officer, Numerix Mr. Jockle leads the company's global marketing efforts, spanning a diverse set of solutions and audiences. He oversees integrated marketing communications to customers in the largest global financial markets and to the Numerix partner network through the company's branding, electronic marketing, research, events, public relations, advertising and relationship marketing.

Prior to joining Numerix, he served as Managing Director of Global Marketing and Communications for Fitch Ratings. During his tenure at Fitch, Mr. Jockle built the firm’s public relations program, oversaw investor relations and led marketing and communications plans for several acquisitions. He also oversaw the brand development of a new company dedicated to the enhancement of credit derivative and structured-credit ratings, products and services. Prior to Fitch, Mr. Jockle was a member of the communications team at Moody's Investors Service.

Register for the On-Demand Solution Seminar

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Form #2a: On-Demand Solution Seminar

This On-Demand Solution Seminar is open to Clients and Active Users of Numerix Software only.

Upon completion of the form below, registrations will be reviewed and screened for acceptance.  You will receive a confirmation email ONLY if you qualify for attendance.

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