A large number of our clients use Rhino Risk for independent evaluation and validation of their own model developments and credit risk strategies.
We have recently been involved in the following projects involving independent validation:
The work we have undertaken to validate firm's models focuses on providing genuine value to clients in helping them develop best practice techniques, and in providing a valuable external perspective on their own models and processes.
Many of our validation reports have been forwarded to the Financial Services Authority as part of a client's overall evidence supporting their quality of their model developments.
We have also provided high level Basel II advice to Senior Managers, Risk Committees and Boards of banks and UK lenders.