Learn about model risk, its causes, management strategies, and real-world examples from financial industry pitfalls. Unlock ...

Regulators have signaled that the speed of progress in generative and agentic artificial intelligence makes producing ...

SAS also clinched category leader recognition in the Chartis RiskTech Quadrant for model validation, based on the evaluation of 20 major vendors. This marks SAS' 10 th year as a model risk governance ...

Forbes contributors publish independent expert analyses and insights. I write about how fintech is disrupting the financial industry. On April 17, the Federal Reserve issued SR 26-2, its revised ...

Asked in which area of AI-related risk their bank was least prepared, 72% of bankers chose model kill-switch protocols (34%) ...

Boards formally treat model risk as important, but in practice many banks treat it as a compliance box-ticking exercise that only attracts senior attention when something visibly breaks or a regulator ...

Ann Staggs of Grafana Labs is one of the finalists for The Recorder's Innovation in Tech/AI award. Read a Q&A with her below.

Every major consultancy is selling an AI governance framework right now. The market is crowded: maturity models, policy templates, ethics checklists, responsible AI principles. Most of them are ...

Six years ago, the conversation about spreadsheet risk governance was largely about convincing financial institutions that the problem existed. Most accepted that SR 11-7 applied to their formal model ...

A new model for governance and risk management issued Monday by the Institute of Internal Auditors (IIA) makes major updates to the Three Lines of Defense model that has been popular for years. Called ...