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?

How it works

Model owner dashboard

Model owner dashboard

Model owner dashboard

The dashboard delivers all of the information related to models, including a breakdown of models by status, model change requests in process, challenges, issues and tasks assigned to the model owner.

Metrics and model views

Metrics and model views

Metrics and model views

Monitor the effectiveness of models with metrics. Metric values are captured for each metric and a breach status is automatically calculated to indicate if the metric is red, yellow, or green.

Model review and validation

Model review and validation

Model review and validation

The model manager is ready to approve the model review report performed by the model validator. If there were any issues, then the model could be sent back to the validator for further preparation.

See our product domains

Business Continuity Management

Operational Risk Management

Regulatory Compliance Management

Policy Management

Internal Audit Management

Model Risk Governance

Third Party Risk Management

Financial Controls Management

Next steps

The GRC environment is increasingly complex and costly. Speak with a GRC expert.