Model Validation

A review of all Risk Models is performed at least annually by an independent CC&G Model Validation team, using an internally developed web-based tool (MoVE).

MoVE is a platform to identify and manage risk exposures across different asset classes. Amongst all functionalities, it provides both margin replica of CC&G's main asset classes and a wide suite of benchmark models.

Material changes to existing methodologies, as well as new models, are also subject to an independent validation.