# Quantitative Model classification

In the world of Quantitative model risk management, can you please tell me what is Model 1 type, Model 2 type etc?

• Where do you see these - model 1, 2 type? – Dimitri Vulis Feb 20 at 5:23
• I have heard in a technical discussion on model risk management – Brian Smith Feb 20 at 7:36
• Sorry, I don't recall hearing these terms. May be local to your firm. I suggest you look for its model risk management policies / procedures / training on its intranet, or ask whoever said it what they mean and where these terms are defined. – Dimitri Vulis Feb 20 at 13:49