CCAR Stresses Banks' Model Validation, Data Aggregation Capabilities

At a recent event held at The Metropolitan Club in Manhattan, industry experts discussed a range of topics, from modeling validation to analytics to risk technologies.

Peyman Mestchian, Chartis' managing partner

As banks have gone through the Comprehensive Capital Analysis and Review (CCAR) process, one thing that has become abundantly clear is that just because you passed the test one year, complacency won't be tolerated as the Federal Reserve has added new requirements year on year.

For example, Morgan Stanley has passed CCAR all five times. But Jon Hill, executive director and head of market and operational risk model validation in the bank's Model Review Group, said that "[w]e constantly feel like

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: