Article ID: 0308a4fb78be1a4d173e171b1aedccc65e855207605023b470435854f1770fdd
Source ID: regulatory:risk.net
Published At: -
Extraction Method: trafilatura
URL: https://www.risk.net/benchmarking/model-risk
Body Text
Model Risk | Benchmarking Model risk Model Risk Benchmarking 2026: explore the data View interactive charts from Risk.net’s 44-bank study, covering model inventories, resourcing, GenAI governance, validation and regulation A third of banks do not maintain logs for GenAI models Risk Benchmarking study finds few banks review prompt logs systematically, with larger firms focusing on higher risk use cases Few banks formally evaluate GenAI human-in-the-loop controls Risk Benchmarking: G-Sibs and challengers use tools to test controls efficacy; others rely on judgement From gatekeeper to coach: model risk bids to reinvent itself Model Risk Benchmarking data reveals a function in flux, grappling with resource cuts, AI models, regulatory divergence Explore the data Scaling model risk Banks’ model inventories vary hugely. Some functions manage just 25-74 models, including the odd superregional, while one US G-Sib maintains between 2,500-4,999 models. Check out more findings from Risk.net’s Model Risk Management study here.
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