CLOSEIT BLOG

In the heart of amazing software development, in the city Brno, we launched a blog to share our thoughts.

2 min read

Model Risk Management Europe 2019

Yet another boring conference attended by a sleeping audience with the highlight being a piece of mediocre cheesecake served during a...

3 min read

The Automation of Model Governance

What is automation? Automation often represents the process of simulating human activity using computers or machines. It is a current...

3 min read

Three Phases To Get The Maximum Value From Model Governance

The number of models your organization must manage is increasing every year. Models are often registered in tools like Excel that are...

4 min read

Credit Risk Stress Testing Framework

We have created a unique solution for recurring stress tests in credit risk Raiffeisen Bank International, which allows us to define our...

3 min read

IFRS9 Provisions Plausibility Engine

New IFRS 9 methodology In early 2018, a new methodology for the calculation of provisions for Expected Credit Losses (or ECL) under IFRS9...