Solution Overview

EY MMP is a full range model lifecycle platform that leverages EY and Microsoft’s global capabilities to help our Financial Services clients in efficiently managing models across their risk, accounting, compliance, decision-making and other functions. EY MMP can help to better retain critical talent by removing manual tasks, acting as golden source audit trail, and providing the right MI at no effort, and it helps to set your organization for improved agility and faster time-to-production of new models through streamlined, standardized processes. EY MMP, built on the Microsoft Cloud for Financial Services, uses a centralized model inventory with model risk assessment capabilities and workflow automation to standardize, improve and industrialize the Model Risk Management (MRM) process and help financial institutions stay on top of ever-changing risk policies and regulatory requirements

Solution Benefits

Centralized model inventory: Supports and helps standardize internal policies across organizations to deliver right-sized model governance, model testing and model validation efforts in line with model risk
Improved resource utilization and job profile: Design and distribute interactive dashboards for tracking resource utilization and outcomes at product or portfolio level, while alleviating the repetitive task burden for people with critical skills to promote digitization and automation agenda
Modular and fully customizable platform: Allows for a flexible and scalable approach in using the solution based on specific needs
AI and ML-driven analytics: Can be used in combination with EY SHAZAM, which when integrated, adds valuable insights into data quality through NexGen cognitive technologies, and further increases standardization and speeds up time-to-production across the model lifecycle

EY Model Management Platform

από EY Global