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More banks flirt with machine learning for CCAR – but risks persist

Superior computational grunt of neural networks is attractive to lenders. Lack of explainability is the downside ....

Comprehensive Capital Analysis , Machine Learning , Neural Networks , Risk Management ,

Quantum computing experts voice explainability fears


Risk.net
Risk Live: big speed-ups for quantum-powered models could prompt bigger questions from regulators
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Regulators and model risk managers have been kept busy in recent years by rapid advances in machine learning techniques that power banks’ modelling of everything from interest rates to customer fraud. If quantum computing continues its rapid march towards commercial viability, they might be about to get a whole lot busier.
Speaking yesterday to a panel of experts at Risk Live, Lee Braine, director of research and engineering at Barclays, asked whether banks and other financial firms, operating
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Lee Braine , Risk Live , Deutsche Borse , Quantum Computing , Machine Learning , Model Risk , Dodd Frank Act , Credit Valuation Adjustment Cva , Risk Live , Risk Management , ஆபத்து வாழ ,