To enable our clients in the financial community to analyze, plan, compensate and budget for the limitations of the existing pricing and risk models, we have developed a very comprehensive model validation service. We cover every asset class, including credit derivatives (notably CDO models for pricing or compliance matters for investment funds) and asset backed-securities (cash flow models and simulation models for structured finance transactions, etc.), interest rates derivatives, equity derivatives (structured and exotics), FX derivatives, energy and commodity derivatives and any other kind of structured products.

• Competent and independent model validation enables you to avoid costly mispricing errors and preserve your reputation.

• We provide a framework to formalize and make your pricing and risk processes more systematic and objective, relying less on subjective and non-reproducible mechanisms. This increases the robustness of your investment process and improves the predictability of your investment return and your search for higher alphas.

• With our independent model review and testing services, retail and corporate banks can more accurately distinguish and measure risk hot spots using our industry validated credit risk models (credit scoring models, PD, LGD and EAD models, etc.)

• We conduct the most stringent analyses to address all the individual components of your processes: data, documents, internal use, models and processes. We detect all the limitations of your models and properly determine reserves for each of them, enabling you to manage efficiently the different risks embedded in your models and their usage.