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Quantitative Finance · Glossaire

Qu'est-ce que « Model validation » ?

Definition 26.5 Rates, Credit, XVA and Risk · Chapitre 26 — Model Risk and Validation

Model validation is the set of activities that verify a model performs as intended: conceptual soundness, verification of the implementation, benchmarking, and outcomes analysis, with findings, their severity, and conditions of use.

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