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Reducing Model Risk through Modular Programming

Reducing Model Risk through Modular Programming

by Jonathan Leonardelli, FRM | Sep 3, 2025 | Model Development

This blog series explores how applying a set of coding best practices can help reduce errors during model development. We’ve captured these practices in the acronym MATHS: Modularized, Archived, Tested, Honed, and Standardized. Each post will dive into one element of...
Model Risk Management: Reduce your Model Risk through Coding Best Practices

Model Risk Management: Reduce your Model Risk through Coding Best Practices

by Jonathan Leonardelli, FRM | Aug 27, 2025 | Model Development

Model risk management begins with robust model development, implementation, and use [1]. Yep – this blog series from FRG is going to talk about model risk management (MRM). While those words may have you moving your mouse to the “close window” x, stay with us. We are...
The Model Development Lifecycle (MDLC): Model Validation

The Model Development Lifecycle (MDLC): Model Validation

by Jonathan Leonardelli, FRM | Oct 10, 2024 | Model Development

This blog series explores the 10 steps of the Model Development Lifecycle (MDLC) so that you understand the components of model development and maintenance as well as where potential sources of model risk can reside. Read the first post here for an introduction to the...
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