Aligned with best practices established by the Federal Reserve's SR 11-7 guidance (also published as OCC 2011-12), Ludwig Advisors leverages a proven model validation framework customized to a bank’s specific needs.
This comprehensive approach begins with an in-depth assessment of your current model risk program design and functionality. We thoroughly review policies, standards, and controls for the entire model lifecycle, encompassing development, validation, execution, and use. Next, we meticulously examine the model's end-to-end input and output data, verifying its operation aligns with its intended purpose. Critically, we review the conceptual soundness of your model design, ensuring it's not only well-constructed but also fit for purpose.
With backgrounds ranging from the c-suite to the corridors of regulation and policy, our team is highly skilled at navigating the most complex regulatory terrain. Each advisor channels decades of real-world experience to bring insights-driven analysis and strategic advice unrivaled in the marketplace. By combining deep-sector expertise with a future-focused approach, we are uniquely positioned to help our clients succeed in today’s ever-changing environment.