home/glossary/Simulation

Simulation

nounid 4163·updated May 12, 2026
candidate

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.

Classifications

Entity Type

Process0%rule-basedmulti_axis_classifier_low_confidence.v1

Sensitivity

60%llm-generatedllm:claude-haiku-4-5

Information Class

50%llm-generatedllm:claude-haiku-4-5

Variants

plural
Simulations
possessive
Simulation's
pluralpossessive
Simulations'

Framework definitions

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.

Outgoing relationships

No outgoing triples
This term is not the subject of any RDF-style relationship yet.

Incoming relationships

No incoming triples
No other term currently asserts a relationship to this one.