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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

Rapidminer Knowledge Studio is a Siemens analytics platform that makes machine learning and predictive modeling accessible through a no-code visual environment. It allows data scientists, analysts, and business teams to build models interactively using drag-and-drop workflows. The software emphasizes explainable AI by using decision trees and strategy trees that show how models function and why they produce specific results. Users can explore unfamiliar datasets, identify important variables, segment data, and compare model structures visually. Rapidminer Knowledge Studio helps teams create predictive and prescriptive models that align with performance goals and business logic. It can be used across industries for fraud risk management, credit analysis, marketing strategy, customer loyalty, and product lifecycle decisions. The platform shortens the learning curve by allowing users to create sophisticated AI models in minutes without writing code. It also generates model code in formats such as Python, R, SAS, SQL, and PMML to support deployment and integration. By combining transparency, usability, and strategic optimization tools, Rapidminer Knowledge Studio helps organizations turn data into trusted business decisions.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Rapidminer No 
Rapidminer Monarch No 
Rapidminer Panopticon No 
Rapidminer SLC No 

Integrations

Rapidminer Yes 
Rapidminer Monarch Yes 
Rapidminer Panopticon Yes 
Rapidminer SLC Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

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

Siemens

Founded

1847

Country

Germany

Website

www.siemens.com/en-us/products/rapidminer/knowledge-studio/

Product Features

Product Features

Artificial Intelligence

Chatbot No 
For Healthcare No 
For Sales No 
For eCommerce No 
Image Recognition No 
Machine Learning No 
Multi-Language No 
Natural Language Processing No 
Predictive Analytics Yes 
Process/Workflow Automation No 
Rules-Based Automation No 
Virtual Personal Assistant (VPA) No 

Business Intelligence

Ad Hoc Reports Yes 
Benchmarking No 
Budgeting & Forecasting No 
Dashboard Yes 
Data Analysis No 
Key Performance Indicators Yes 
Natural Language Generation (NLG) No 
Performance Metrics Yes 
Predictive Analytics Yes 
Profitability Analysis Yes 
Strategic Planning Yes 
Trend / Problem Indicators No 
Visual Analytics Yes 

Machine Learning

Deep Learning No 
ML Algorithm Library No 
Model Training No 
Natural Language Processing (NLP) No 
Predictive Modeling No 
Statistical / Mathematical Tools No 
Templates No 
Visualization No 

Predictive Analytics

AI / Machine Learning No 
Benchmarking No 
Data Blending No 
Data Mining No 
Demand Forecasting No 
For Education No 
For Healthcare No 
Modeling & Simulation Yes 
Sentiment Analysis No 

Statistical Analysis

Analytics No 
Association Discovery No 
Compliance Tracking No 
File Management No 
File Storage No 
Forecasting Yes 
Multivariate Analysis Yes 
Regression Analysis Yes 
Statistical Process Control No 
Statistical Simulation No 
Survival Analysis No 
Time Series Yes 
Visualization No 

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