Strengthen your Model Governance Framework with Comprehensive MRM Services.

Coforge excels in Model Risk Management, ensuring accuracy and reliability across financial institutions, insurance, and healthcare sectors. We develop and manage statistical models for large financial partners. Our key services include:

• Model Categorization: Identifying critical and complex models needing focused attention.
• Model Validation: Using advanced algorithms to ensure model accuracy and reliability.
• Model Governance: Implementing robust frameworks for stakeholder roles, model development, and change management.
• Model Performance Monitoring: Employing diverse metrics to enhance model accuracy over time.
• Model Documentation: Providing comprehensive guidelines covering design, development, validation, and usage for clarity.
• Model Risk Reporting: Regularly publishing detailed risk reports for stakeholders, minimizing risks effectively.

Coforge's meticulous approach combines domain expertise with advanced validation and monitoring techniques, delivering reliable, data-driven insights that enhance decision-making and risk management.