Validation

Why is
Validation Essential?

Under Model Risk Management Guidelines, regulators and auditors expect management to undergo a periodic validation of their model. This validation is to ensure that the model calculation process, controls, and documentation are prepared, calculated, and reviewed as part of the financial statement preparation process. ARCSys’ expert understanding of financial models not only validates your model, but gives you insight into how to improve your model to reduce volatility over time. This process involves multiple complex calculations and statistical modeling components.