Operational Risk Management (ORM) solution

Use the watsonx.governance Operational Risk Management (ORM) solution to connect use cases to business processes, enabling model risk to be tracked along with other operational risks across the enterprise.

Object types

To view the object type schema, click Administration menu > Solution Configuration > Solutions > watsonx.governance ORM.

For more information about available object types, see Object types in Governance console.

Dashboard

The watsonx.governance ORM Master dashboard provides a combined view of operational risk and model risk. For example, you can see the breach status of key risk indicators (KRIs) and the breach status of key risk indicators (KRIs) and the breach status of model metrics.

Views

The watsonx.governance ORM solution includes views for each object type. The task view for Process includes information about associated use cases, models, model deployments, and model metrics.

OpenPages Operational Risk Management (ORM) solution

The watsonx.governance ORM solution extends the OpenPages ORM to support large language models and generative AI models.

The watsonx.governance ORM solution uses the same object type schema as the OpenPages ORM solution, with the following differences:
  • The Process object type is a parent of the Use Case object type.
  • For the Process object type, the Domain field has an additional value: Model Governance.