Model Implementation

From Open Risk Manual


Model Implementation denotes the concrete programmatic realization of a Risk Model


  • A core element of the model implementation is the source code (in the form of a collection of files) that represents the abstract model together with any specification choices made at this stage. A Code Repository serves the complete, auditable, model implementation.
  • A model implementation is the output of one or more model developers, that is technically skilled persons who translate the Abstract Risk Model and its Model Specification into computer code.
  • Implementation may be in a variety of computer languages (or mix or languages) depending on the target IT Infrastructure

Issues and Challenges