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Lessons From Model Risk Management in Financial Institutions for Academic Research

Risk Management 2024-06-24 v1

Abstract

In this paper, we discuss aspects of model risk management in financial institutions which could be adopted by academic institutions to improve the process of conducting academic research, identify and mitigate existing limitations, decrease the possibility of erroneous results, and prevent fraudulent activities.

Keywords

Cite

@article{arxiv.2406.14776,
  title  = {Lessons From Model Risk Management in Financial Institutions for Academic Research},
  author = {Mahmood Alaghmandan and Olga Streltchenko},
  journal= {arXiv preprint arXiv:2406.14776},
  year   = {2024}
}

Comments

27 pages, 1 figure