Usually refers to the application of an assurance process. For example, operational risk frameworks can be validated by auditors and by regulators, models used within operational risk need to be validated, and the outcomes of processes such as scenario analysis should be validated.

Popular resources

You may be interested in

News
3 mins reading time

Acin adds Kate Joicey-Cecil, Chief Client Officer, to the management team to further develop long-term, trusted client partnerships. 

News
March 27, 2023

Acin named as finalist for RegTech Partner of the Year at the British Banking Awards 2023

Acin named Best Operational Risk Management Partner by CFI
News
March 21, 2023

Acin named Best Operational Risk Management Partner by CFI

Discover more