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What is Crowe Model Risk Manager?

A single vulnerability in your program could lead to the oversight of significant risks. As financial institutions adopt increasingly complex calculations, comprehensive business models, and appointed model owners, the sophistication of risk models is advancing. Within the interplay of various models, hidden threats may exist. Nevertheless, organizations can avoid the pitfalls of program fragmentation. The Crowe Model Risk Manager provides a software solution that integrates model risk management across the entire workflow. This centralized platform, featuring real-time visualizations, streamlines the management of processes while facilitating effective issue tracking, generating reports, and demonstrating compliance. Financial institutions can move beyond traditional tools like spreadsheets and emails to gain a cohesive and comprehensive perspective. Our cutting-edge software makes it easy to grasp all elements of model risk management. Model owners can clearly see their responsibilities, the next steps to take, and maintain ongoing oversight of activities. In addition, banks can utilize automated workflows and actions to boost efficiency and keep the program aligned with objectives. This comprehensive strategy not only empowers organizations to preemptively tackle risks but also enhances their overall risk management frameworks, fostering a culture of continuous improvement. By embracing this innovative approach, financial institutions position themselves to navigate the complexities of today’s financial landscape with confidence and clarity.

What is Armilla?

While artificial intelligence has made significant progress, flaws still exist, which is why our automated verification technology is designed to assess these AI models for their safety and dependability, offering a warranty to validate their performance. This strategy empowers vendors to confidently promote their AI offerings and reassures buyers that they can recuperate their investment if the AI model does not meet expectations. Through Armilla, our dedicated service for evaluating and auditing AI, you can build a trust-based foundation grounded in solid evidence for your AI products. In addition, protect against the risks of third-party AI by utilizing our extensive automated model risk assessments and in-depth vendor evaluations. We take great pride in being a leader in the auditing and risk evaluation of AI and machine learning models, employing cutting-edge technology and automated testing practices to ensure that your models are reliable and secure, which aids in creating the most accurate underwriting processes for AI warranties. Whether you are a business leader looking to gauge the feasibility of AI solutions or an individual exploring the landscape of artificial intelligence, your concerns are legitimate and deserve thoughtful attention. We understand these apprehensions, and we are dedicated to providing exceptional assistance to effectively address them, ensuring that both vendors and buyers can navigate the complexities of AI with confidence. Ultimately, our goal is to foster a safer and more trustworthy AI ecosystem for everyone involved.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Crowe

Company Location

United States

Company Website

www.crowe.com/services/consulting/financial-services/regulatory-response/model-risk-management/model-risk-manager

Company Facts

Organization Name

Armilla

Company Location

Canada

Company Website

www.armilla.ai/

Categories and Features

Categories and Features

Artificial Intelligence

Chatbot
For Healthcare
For Sales
For eCommerce
Image Recognition
Machine Learning
Multi-Language
Natural Language Processing
Predictive Analytics
Process/Workflow Automation
Rules-Based Automation
Virtual Personal Assistant (VPA)

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