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 module do?

How it works

Model owner dashboard

product screenshot of model metrics 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

product screenshot of model scorecard

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

product screenshot of model general review

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.

Other product modules

Automate your GRC processes with ease

IBM OpenPages with Watson offers you the capability to deploy domain-targeted product modules to meet specific risk and compliance challenges. Choose the product modules you need within a single integrated environment.

IBM OpenPages Operational Risk Management

Automate the process of identifying, measuring, monitoring, analyzing, and managing operational risks.

IBM OpenPages Regulatory Compliance Management

Drive efficient end-to-end regulatory compliance management.

IBM OpenPages IT Governance

Obtain a holistic view of IT risks and map them to business processes.

IBM OpenPages Internal Audit Management

Automate and manage internal audits and conduct broader risk and compliance management activities.

IBM OpenPages Business Continuity Management

Prepare your enterprise for business continuity and protect employees in the face of disruptive events.

IBM OpenPages Third Party Risk Management

Mitigate risks and improve business results with each of your vendors.

IBM OpenPages Policy Management

Keep your policies and procedures up to date with your internal and external obligations.

IBM OpenPages Financial Controls Management

Reduce costs and complexity of complying with Sarbanes-Oxley and similar financial reporting regulations.

IBM OpenPages Data Privacy Management

Break down silos between IT and compliance for complete data privacy and governance.