The Office of the Comptroller of the Currency’s (OCC) has laid down the guidance on ‘Model Risk Management’. The OCC uses guidance to examine and supervise national banks, federal savings associations, and federal branches and agencies of foreign banking organizations (collectively, called banks). Each bank is unique in a sense and may present specific challenges in day-to-day supervision and operation of the banks.

Our solution helps banks with the entire cycle of model risk management from inventory to issue remediations and reporting. It is a user-friendly solution that is easy to customize and implement.

BRISC Global has advised banks in analyzing, and implementing risk and risk platforms, providing governance structures including risk appetite statements, policies, and procedures. Our experts at BRISC Global have conducted thousands of assessments for risk rating, risk migration, and risk compliance management.