Model Governance

The post-crisis banking landscape has been characterized by the rapid spread of analytical models to drive more informed business decision making and more robust regulatory compliance. But in the rush to derive a more detailed understanding of business and customer dynamics, many financial institutions have allowed their analytical enterprise to spiral out of control. Institutions are increasingly struggling to deploy their models in a timely manner and to automate their monitoring. Furthermore, monitoring of strategies is still an unresolved matter. Regulatory scrutiny around model and strategy governance intensifies and front-line business units come to rely ever more heavily on model output, so banks must actively address the need for a more structured approach to model and strategy management.

In this webinar, FICO will explore current challenges around life-cycle model management, but also how to cover the existing gap between good intentions and deployment, monitoring and optimization of the analytical capabilities.