Model Risk Management underpinned with robust governance frameworks
Model Risk Management
Evidence a robust, clear and holistic model governance framework for internal and external stakeholders that accommodate global regulatory requirements with greater flexibility.
Drive disciplined model governance procedures
Thomson Reuters Model Risk Management, a solution on our Connected Risk platform, drives model governance with a simple yet powerful workflow engine, along with a clear evidence trail of your team’s acceptance or rejection of model changes. The solution automates issues management, provides clear audit trails, archives critical evidence and removes duplication.
This solution ensures all your model risk management and reporting is in one place and contains all critical information.
Ensure ongoing model risk management with real-time reporting to regulators, committees and cross-risk functions
On-board existing and new models with ease and efficiency
The solution’s flexible and extensible data model allows for further model types to be added to the platform in a phased approach. With our integrated reporting capabilities, your teams can classify this information into relevant sections across the entire inventory.
The underlying multi-tiered security model ensures that the correct access rights are maintained for security purposes, with the added assurance that all relevant information is logged to the right business owner for review.
This annual report covers our predictions for 2018; learn from our team of journalists at Thomson Reuters Regulatory Intelligence about what regulatory events will shape the year and how you can best stay prepared.
Thomson Reuters has completed its fourth annual survey on how firms around the world are managing the challenges presented by the regulatory focus on culture and conduct risk. More than 750 financial services firms worldwide participated.
Connect internal and external information from disparate sources for a holistic view of the risks that matter to you.
Regulatory Change Management helps your teams perform impact assessments with a connected approach to the regulatory change management process which involves a high level of engagement and coordination among compliance professionals.