Model Governance & Audit

Modeling Governance, Audit & Compliance

Developing and maintaining strong governance, policies, and controls over analytics and model risk is fundamental to the effectiveness of business strategies and financial decision making. A weak governance function reduces the value of modeling investments and quality of overall enterprise risk management programs. Governance makes sure models are performing within the boundaries defined by regulation in different industries.

Why Governance?

  • Does use of analytics apply in a specific instance?
  • Is the use of analytics practical?
  • Do decisions informed by analytics need scrutiny?
  • Are the best decisions made by those who “combine quantitative analysis with sound reasoning” ?
  • Are the models compliant to OCC, FCRA regulation?

Analytics Risks

  • Inappropriate or Premature Use of Analytics
  • The Risk of Countercultural Implementation of Analytics
  • The Risk of Saying “No” or “Not Now” to Analytics
  • Data and Information Governance
  • Data and Information Quality
  • Data and Information Compliance

TechMileage team has years of expereince in Modelling and Model Governance. TechMileage has:

  • Proven Competency
  • Flexible Approach
  • Complete Picture
  • Strong Team

News Room

  • 31 Mar

    Arizona Bankers Association - Issue, 1 2016 - Model Governance

    TechMileage article in Arizona Bankers Association - Issue, 1 2016  on Model Governance...

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  • 31 Jan

    TechMileage partnered with Cloudera for Bigdata Analytics

    TechMileage partnered with Cloudera for Bigdata Analytics ...

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  • 17 Jan

    TechMileage partnering with a Major risk and Fraud provider.

    TechMileage partnering with a Major risk and Fraud provider. ...

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