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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Your program is just one vulnerability away from overlooking significant risks. As financial institutions increasingly integrate complex calculations, holistic business models, and designated model owners, risk models are evolving in sophistication. Hidden dangers may lurk within the gaps between different models. However, organizations need not endure the fragmentation of their programs. The Crowe Model Risk Manager offers a software solution that seamlessly integrates model risk management throughout the entire process. This centralized platform, equipped with real-time visualizations, simplifies the management of workflows, allows for effective issue tracking, report generation, and compliance demonstration. Financial institutions can transition beyond traditional spreadsheets and emails to achieve a unified and thorough perspective. With our innovative software, understanding all facets of your model risk management becomes straightforward and accessible. Model owners can easily identify their responsibilities, along with defined next steps and continuous activity oversight. Furthermore, banks can implement automated workflows and actions, enhancing efficiency and ensuring the program remains on track. This holistic approach empowers organizations to proactively address risks, ultimately leading to more robust risk management strategies.

Description

Although not every model possesses the same quality, it is crucial for all models to have governance in place to promote responsible and ethical decision-making within an organization. The IBM® watsonx.governance™ toolkit for AI governance empowers you to oversee, manage, and track your organization's AI initiatives effectively. By utilizing software automation, it enhances your capacity to address risks, fulfill regulatory obligations, and tackle ethical issues related to both generative AI and machine learning (ML) models. This toolkit provides access to automated and scalable governance, risk, and compliance instruments that encompass aspects such as operational risk, policy management, compliance, financial oversight, IT governance, and both internal and external audits. You can proactively identify and mitigate model risks while converting AI regulations into actionable policies that can be enforced automatically, ensuring that your organization remains compliant and ethically sound in its AI endeavors. Furthermore, this comprehensive approach not only safeguards your operations but also fosters trust among stakeholders in the integrity of your AI systems.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

IBM watsonx Assistant
IBM watsonx.ai
Prove AI

Integrations

IBM watsonx Assistant
IBM watsonx.ai
Prove AI

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

$1,050 per month
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Crowe

Country

United States

Website

www.crowe.com/services/consulting/financial-services/regulatory-response/model-risk-management/model-risk-manager

Vendor Details

Company Name

IBM

Founded

1911

Country

United States

Website

www.ibm.com/products/watsonx-governance

Product Features

Product Features

Data Governance

Access Control
Data Discovery
Data Mapping
Data Profiling
Deletion Management
Email Management
Policy Management
Process Management
Roles Management
Storage Management

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