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Banks Should Pursue Efficient and Scalable “Model Factory” Management

Although regulator-driven at the outset, quantitative thinking is now firmly in the DNA of many banks. As a result, many are struggling to manage hundreds of models that require an increasing number of resources. Novantas believes that such model management can become more efficient by using sophisticated technology, including machine learning, to automate the process. A growing number of banks are already using a “factory” approach for managing their models, but the process is still ...

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