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9.4 Metrics and Limits

9.4.1
 
Institutions must develop metrics and limits to appropriately track model performance. The metrics must be carefully designed to capture the model performance based on its specific characteristics and its implementation. At a minimum, the monitoring metrics must capture the model accuracy and stability as explained in Article 10.4.3 pertaining to the scope of the post-implementation validation. In addition, the monitoring metrics must track the model usage to assess whether the model is used as intended.