CMS Sept 2022

Internal Use Only

Model Identification & Inventory

Model Inventory Examples: • Model name • Model version • In ‐ house or third party • Model dependency • Model owners • Status of the model • Approval date • Description of model

• Description of usage • Time frame for next validation • People responsible for model development and validation • Type and level of risk • Dates of validations, monitoring activities, validation status, & material changes • And more!!!

15

Internal Use Only

Model Identification & Inventory

The models have been identified. What comes next?

16

Made with FlippingBook - professional solution for displaying marketing and sales documents online