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CLOSEIT BLOG
In the heart of amazing software development, in the city Brno, we launched a blog to share our thoughts.
3 min read
Is Databricks good for complex applications?
Data processing is the hot thing in IT for at least the last 7 years and many interesting cloud services emerged during that time. If you...
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3 min read
Automated risk model operations at scale
The MRM methodology is relatively well-defined, including the concept of model monitoring for particular model types. But how can we take...
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Should we register our CRO's napkin?
End User Computing (EUC) items exist in every bigger organization and are a potential source of headaches and significant loses. So, what...
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2 min read
Starting AWS SAM folder structure (NodeJS)
When I started putting together my first AWS SAM project, I was confused with the project structure - as always, when I’m starting new...
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Remote Collaboration of Model Governance & Model Risk Management Teams
The current pandemic has revealed the importance of remote work. Teams that were used to collaborating together on site have been forced...
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3 min read
Workflows in Model Governance – Farewell, Dear Excel
Models used by financial institutions (FIs) are not defined only by their source code, datasets, and documentation, but also by the...
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3 min read
How To Avoid Drowning in the Ocean of Model Risk Management
The number of models is continuously increasing, and risk management teams can’t grow fast enough. To top it off, model budgets are...
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3 min read
The Key Characteristics of a Successful Model Inventory
Once a company realizes it’s time to organize its predictive risk model portfolio, one of the first steps will be introducing a model...
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3 min read
Scrum Is Just The Medium, The Core Is The Team's Mindset
During the first chapter of the book Show Dog by Phil Knight (which is, by the way, an excellent piece of art) the Nike co-founder...
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