The Secret to Automation and Lineage: MathWorks Model Inventory
The heart of any robust model risk management framework is the model inventory. However, many inventory systems are proving unable to keep up with the increased demands from regulators because they are effectively databases with a well-designed interface and lack the traceability and automation needs of a modern system
While linking and drilling down on models, data, and documents is often the starting point for oversight discussions, the areas that are often overlooked are document management, interoperability, workflow automation, and customization through advanced analytics. These key areas provide enhanced cost reduction to the business by accelerating regulatory approval and eliminating inefficiencies.
In this session, you’ll see a live demonstration of the MathWorks Model Inventory, showcasing how several large global banks that adopted this solution addressed key challenges around model lineage, governance, automation, and review.
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