Model Inventory as a Service

Effective model risk management requires that there is an accurate and up-to-date inventory of all models within an organization. Given that many models are under end-user control and are dispersed throughout the line(s) of business, keeping track of critical models is challenging.

CIMCON's model inventory service provides a total solution for tracking all of the risk-related metadata associated with your models. Examples of model metadata include (but are not limited to) model owner, lifecycle stage, date of last validation, owner attestations etc. The actual model itself is not stored within the service, your models stay "where is, as is". Only the metadata pertaining to model risk is stored in Amazon's secure cloud infrastructure. All of these metadata fields are completely configurable so that they align with and support your model risk management policy and procedures.

Select product capabilities include;

• Applicable to any type of model or model-related process
• Supports SAS, Matlab, Python, R, Excel spreadsheet-based models and more... there are no limits
• Fully configurable metadata fields capture the risk-related information specific to your policy/standards
• Enterprise reporting enables more effective model governance and provides visibility into non-compliant models
• Automated notifications to model owners ensures the risk information is always accurate and up-to-date
• No software downloads, no on-premises software to install