Modern model risk management startup Ethos AI Inc. announced today that it has raised $6 million in new funding to expand its engineering team, enhance its go-to-market efforts and strengthen its ...
SS1/23 brought DQMs and Non-Models into banks’ prevue and set a timeline on model risk management (MRM) compliance for May 2024. Are you ready? The PRA’s recent supervisory statement (SS)1/23 has made ...
AI security risks are shifting from models to workflows after malicious extensions stole chat data from 900,000 users & ...
Recently, the UK Government called upon key regulators—including the ICO, FCA, and Bank of England (which incorporates the PRA)—to outline their strategic approach to Artificial Intelligence (AI). In ...
Modern financial systems are built on risk models for good reason. They provide structure in uncertainty, comparability ...
In January, the U.S. Food and Drug Administration (FDA) issued its first guidance on the use of artificial intelligence (AI)[1] models in drug development and in regulatory submissions titled, ...
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