Validating the as is process model
Initial comparisons are for trip interchanges between quadrants, sectors, or other large areas of interest. Cordon lines surround particular areas such as the central business district or other major activity centers. The internal and external acceptance of your risk indicators crucially depend on a fundamental validation of your risk model.This process involves asking questions, gathering and manipulating data, building models, and ultimately testing and evaluating them.
Implicit modelling is fast and easy to run multiple times to test hypotheses and rapidly assess new datasets.
The ease with which the geologist can create and recreate allows refining to something approaching reality.
Besides monitoring the actual risk model, this involves making an assessment of the valuation models, the market data and the data describing financial instruments used in the model.
We can help you to select and implement the most suitable procedures that you need to validate your risk model, to ensure that they can be performed reliably and repeatably as needed.
Errors and warnings are reported in the System Output window as active links (i.e.