Model Validation Services

Tender details

The Office of the Superintendent of Financial Institutions (OSFI) seeks a third-party validation of a model/tool used by the Risk Quantification Division (RQD) to assess macro scenario impacts on Federally Regulated Financial Institutions (FRFIs). The validation aims to ensure accuracy in assessing FRFI reporting, executing stress scenarios, and conducting sensitivity analysis for regulatory policy and capital adequacy requirements.