Glossary

What is Model Issue?

Model Issue definition
January 21, 2025
Model Risk Management

Model issue is any outcome that invalidates at least one model expectation.

A model issue is represented by a model issue type, the timestamp in which the issue occurs at, the precise reference to involved data, the model version, the root cause and the set of properties.

About the

Author(s)

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Yields

Behind Yields is a team of experts in risk, regulation, and technology. When we write as Yields, we share our combined knowledge to make complex topics clear and actionable.

Yields Model Risk Management (MRM) Suite

Staying compliant with evolving regulations, especially across different countries, is challenging. The Yields MRM Suite provides advanced tools specifically designed to help with Model Risk Management regulations, ensuring you meet these specific requirements effectively.

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