Model Risk 2024

This premier GFMI model risk industry meeting will delve into a crucible of ideas and strategies shaping the future of model risk management in the digital age. Our expert speakers will provide insight into the integration and governance of AI models and how to manage these alongside your traditional model inventory. There will be discussions into the best approaches for auditing new model types and how all three lines of defense must work alongside one another to effectively manage these models. On the theme of AI, there will be assessments into the utility of NLP and LLMs within financial institutions and the responsibility of model risk departments in governing these technologies. Finally, the event will look into the regulatory environment and provide an update from the regulators into their view on the landscape within model risk, as well as discussions into climate risk regulation and the impact of potential new regulations on AI and ML models.