Overview
OpenPages Model Risk Governance
Brings together all key stakeholders that often work independently on siloed data. OpenPages Model Risk Governance combines a flexible data model with document management, powerful workflow capabilities, and business intelligence. It helps ensure a greater level of engagement and transparency in the model risk management and governance processes.
What does the product domain do?
Supports model risk regulatory compliance
Helps organizations meet compliance requirements and reduce maintenance costs with a variety of model-focused regulations across regions and jurisdictions. Organizations can map policies, metrics and models to multiple regulatory requirements to support assessments across complementary regulations.
Demonstrates financial risk governance
Centralizes the models used by banks, insurance firms and other financial institutions to measure and manage financial risk. This allows organizations to maintain an enterprise-wide list of models and documents, as well as track issues associated with models. Assign appropriate roles for model ownership, and report on model inventory and issues.
Manage AI models with Watson OpenScale
Watson OpenScale aids enterprises to validate pre-production AI models and monitor production AI models to ensure they can be trusted to perform as intended. The built-in integration permits OpenPages users to automatically receive metrics and reports from OpenScale, as well as store documentation of model validation test results from OpenScale.
How it works
Model owner dashboard
Model owner dashboard
Metrics and model views
Metrics and model views
Model review and validation
Model review and validation
See our product domains
Next steps
The GRC environment is increasingly complex and costly. Speak with a GRC expert.