The Challenges of Model Risk Management: Standard Initial Margin Model (SIMM)

In this installment of the monthly podcast series on credit risk
and model risk management, Fran Garritt, Director of Global Markets
Risk and Securities Lending at RMA, and Kevin Oden, Founder and
Managing Partner of Kevin D. Oden & Associates and Managing
Director of RMA’s Model Validation Consortium, discuss the
importance of the Standard Initial Margin Model (SIMM), its impact
on financial institutions, the complexities of SIMM and how it
performed during the pandemic, and model validation issues
associated with SIMM. For podcast sponsorship/advertising
opportunities, please e-mail RMAsponsor@rmahq.org. Have a smart
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