Simulation
nouncandidate·updated May 12, 2026
The process of operating a model of an enterprise-wide or business line activity in order to test the functionality of the model. Computer systems may support the simulation of business models to aid in evaluating the BCP.
Framework senses
Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary1 senseview framework →
- §1
- The process of operating a model of an enterprise-wide or business line activity in order to test the functionality of the model. Computer systems may support the simulation of business models to aid in evaluating the BCP.