Waters Technology: Coming Soon - The Death of Black-Box Models, Technologies

At a recent event hosted by Incisive Media and Chartis Research, industry experts said their firms are less inclined to use black-box vendor models due to new regulatory constraints.

Jon Hill heads up market and operational risk model validation at Morgan Stanley. Model validation has been an area of focus for Hill for most of his professional career, so much so that he even teaches a class on it in his free time.

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