Pattern
Financial services Model Risk Management (SR 11-7 and successors)
Establish supervisory expectations for managing risk associated with quantitative models used by financial institutions, originally focused on credit and market risk models but extended through subsequent guidance to AI/ML models. The framework predates modern AI by over a decade but its discipline (model development, validation, ongoing monitoring, governance) maps onto AI/ML model management directly.
Classification — US financial services framework for managing risk from quantitative models, including AI/ML models.
Full entry
The complete treatment — problem, how it works, when to use it, sources, and examples — lives in the volume below.
Browse the full pattern index or the catalog.