Business Model Risk Management | KPMG | KR

Business Model Risk Management

Business Model Risk Management

We provide a framework for model risk management, such as model oversight or adjustment verification, to effectively manage model risks.

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Sustainable model operations require risk management on the model. These models can be utilized not only for a simple assessment of risks and modeling, but also in business decision making processes or financial reporting. Quantitative models realize operational efficiency through risk management and pricing but when the models are flawed or used incorrectly there is potential for errors which may lead to sub-optimal decision-making or financial losses.

We provide a framework for model risk management, such as model oversight or adjustment verification, to effectively manage model risks.

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