IBM OpenPages GRC Services | GRC Consulting – iTechGRC

IBM OpenPages Model Risk Governance

Exhibit robust model governance, reporting, and compliance

Increase engagement in the model risk management

By using IBM OpenPages, iTechGRC brings together all the key stakeholders who typically work independently on isolated data. OpenPages Model Risk Governance offers a versatile data model, document management, robust workflow capabilities, and business intelligence, which when combined, ensures increased engagement and transparency in the model risk management and governance processes.

Model risk governance

Key Features

Model owner dashboard

The dashboard provides comprehensive information regarding models, such as a status-wise breakdown of models, ongoing model change requests, challenges, issues, and tasks assigned to the model owner.

Supports model risk regulatory compliance

Enables organizations to comply with diverse model-focused regulations across regions and jurisdictions, while minimizing maintenance costs. Organizations can align policies, metrics, and models with multiple regulatory requirements, facilitating assessments across complementary regulations.

Demonstrates financial risk governance

Centralizes the models used by banks, insurance firms and other financial institutions to measure and manage financial risk. This allows organizations to maintain an enterprise-wide list of models and documents, as well as track issues associated with models. Assign appropriate roles for model ownership, and report on model inventory and issues.

Manage AI models with Watson Studio

Watson Studio aids enterprises to validate pre-production AI models and monitor production AI models to ensure they can be trusted to perform as intended. The built-in integration permits OpenPages users to automatically receive metrics and reports from Watson Studio, as well as store documentation of model validation test results from Watson Studio.

Why IBM OpenPages Model Risk Governance

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Helps managers proactively and efficiently assign tasks to mitigate model risk

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Supports model risk regulatory compliance by creating and maintaining a comprehensive model inventory


Helps track issues and metrics associated with models and provides dynamic dashboards for reporting on model inventory management

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Assigns applicable roles and responsibilities for model ownership with the capability to identify model owners

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We are an IBM RegTech Partner for delivering OpenPages Model Risk Governance solution.

We can help you develop a centralized repository of risk-related information and automate the entire risk management lifecycle.