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CLOSEIT BLOG
In the heart of amazing software development, in the city Brno, we launched a blog to share our thoughts.
2 min read
MGS integration with antivirus
One of the MGS features is to manage model-related files and documents. Of course, common and other model non-related files can be...
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Unreachable data in your model inventory? - Introducing the Reporting module
A good model inventory effectively steers internal risk model lifecycles and tracks performance and operations lifecycles (modelOps), and...
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2 min read
MGS to Databricks connector
Analytics teams in banks and insurance companies use platforms like Databricks for data science, ML/AI model development, model testing,...
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3 min read
Automated risk model operations at scale
The MRM methodology is relatively well-defined, including the concept of model monitoring for particular model types. But how can we take...
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Should we register our CRO's napkin?
End User Computing (EUC) items exist in every bigger organization and are a potential source of headaches and significant loses. So, what...
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Remote Collaboration of Model Governance & Model Risk Management Teams
The current pandemic has revealed the importance of remote work. Teams that were used to collaborating together on site have been forced...
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Workflows in Model Governance – Farewell, Dear Excel
Models used by financial institutions (FIs) are not defined only by their source code, datasets, and documentation, but also by the...
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How To Avoid Drowning in the Ocean of Model Risk Management
The number of models is continuously increasing, and risk management teams can’t grow fast enough. To top it off, model budgets are...
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3 min read
The Key Characteristics of a Successful Model Inventory
Once a company realizes it’s time to organize its predictive risk model portfolio, one of the first steps will be introducing a model...
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An EBA Stress Test Without the Stress
I would like to discuss a problem with you that I see repeatedly encountered when performing complex, multifarious tasks such as bank...
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