Ensure the integrity of your risk management program.
With our model risk management solutions, you’ll identify and address weaknesses before they present a threat to your business.
Steps towards robust model risk management
As the battle against money laundering becomes more complex, the need for effective model risk management is clear.
How can you be sure your AML compliance and sanctions screening applications are effective?
Free Trial - Connect to relevant risk intelligence
LexisNexis® WorldCompliance™ Online Search Tool is a one-stop sanctions, PEPs and adverse media solution that delivers coverage of individuals and businesses across more than 50 risk categories.
LexisNexis Risk Solutions
can help.
In addition to robust data quality assessment, there are a number of other aspects of “best practice” model risk management:
- Thorough sensitivity and stress testing
- Complete benchmarking against industry performance
- The ability to monitor performance on an ongoing basis