Our comprehensive model validation solution is specifically designed to meet or exceed current regulatory guidance related to model risk management. Our validation process incorporates ten different model components and mirrors the current regulatory requirements.
Banks and credit unions will receive a full model validation report from us at the conclusion of the engagement. The report will detail the validation process, provide insights into the implementation and governance of the model as well as provide data validation results.
Also included in your institution’s model validation report will be specific implementable recommendations for each area of the validation. You will also receive an overall rating based upon our internal grading system, which includes model risk compliance and cross industry best practices.