Model Risk Management Guide
Learn how to overcome the challenges of model risk with this guide.
Manual Processes Not Enough For Model Governance
Traditional GRC or risk management systems lack flexibility. This leads many businesses to resort to manual controls, taking more time and effort for both users and management.
Manual model risk management controls can lack the full transparency required by regulators and auditors. Whilst businesses are challenged to streamline their processes, enhance compliance & reduce exposure to risks, enhancing model risk management systems can be time consuming and expensive.
We can help.
Build A Central Inventory Of Models, Tools & Calculators
Identify, analyze and manage your models, tools and calculators in a centralized enterprise-wide model inventory.
Our platform is designed with a highly configurable view, comprehensive document storage and powerful data connection mapping functions. These allow organizations to quickly deploy a model risk management solution without the need for custom development.
Document & Track Models Throughout The Model Lifecycle
Build an automated model risk management workflow and task management process utilizing our proactive monitoring and alerting capabilities.
Simply and quickly define attributes, workflows, reports, screen layouts, algorithms, risk checks, data flows and lineage. Capture the structure and complexity of your models, tools and calculators.
Gain Confidence With Role-Based Security & Full Audit Trail
Achieve a complete audit trail of updates & interactions with your model risk management framework, allowing you to understand your model risk. Define roles and access to the platform giving you full role-based security management, delivering increased transparency with an enterprise-wide view.