Taught to improve your model risk management and compliance
Rick helps with complex analytics of Model Risk Management
- Creates a transparent framework for your regulatory MRM tasks and artifacts
- Maintains information necessary to understand and control models coverage
- Supports semantic representation of results from conceptual soundness analysis
- Facilitates model performance analysis for validation and optimization
- Helps with efficient model usage and ongoing monitoring
Rick is a quant generating and organizing statistical evidence
- Generates necessary statistics and model performance reports
- Stores statistics and reports together with their semantic descriptions
- Organizes statistical evidence supporting model configuration decisions
- Makes use of machine learning algorithms organized and safe
Rick is a logician justifying and explaining risk decisions
- Maps models to data, policies, regulations, red flags, and customer segments
- Helps to justify model changes and to control change risks
- Prevents risks of models defects and misuse by collecting and organizing evidence
- Manages complex structures of dependent component risks
- Answers questions about your firms’ risk exposure and risk concentration
- Makes audit easy by providing evidence and instantaneous answers to complex questions
