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What is PwC Model Edge?
Model Edge facilitates the entire lifecycle management of models by streamlining the development, validation, governance, and oversight of your full portfolio, encompassing AI functionalities through a singular platform. This efficient operation bolsters your confidence in the program by providing vital tools that highlight the effectiveness and explainability of models to both internal teams and external partners. The platform is equipped with comprehensive model recording and documentation features, all housed within a cohesive environment. Furthermore, it presents a detailed inventory of models along with an audit trail that records historical and real-time changes and updates. By employing a centralized cloud-based system, you can manage every stage of a model’s lifecycle, from its initial idea to complete deployment. This enables you to effectively orchestrate workflows for model development and validation while keeping track of progress across different initiatives, ensuring every step is meticulously monitored and optimized. Such an all-encompassing strategy not only promotes enhanced collaboration but also significantly improves accountability throughout the model management framework, making it an indispensable tool for organizations. Ultimately, Model Edge stands as a pivotal resource that empowers organizations to harness the full potential of their modeling capabilities.
What is Focus?
Focus serves as an essential instrument that enhances transparency, efficiency, and effectiveness in model governance while ensuring that these attributes are upheld. By utilizing Focus, you can systematically adhere to best practices for regulatory compliance, allowing for a more controlled approach to governance. It is vital to outline and implement clear policies and processes to keep everything aligned. Maintaining comprehensive records, along with thorough reporting and remediation efforts, is crucial to prevent oversight. This tool provides organized access to all models, reports, documents, and real-time dashboards for tasks and actions, which significantly aids in prioritization and resource management. Moreover, it offers a singular, practical solution to streamline operations.
Additionally, key aspects include model dependencies, established taxonomy, and data definitions, along with a centralized model inventory. Risks associated with models are identified, and remediation strategies are tracked effectively. It also supports management of model lifecycle events and associated workflows. An exhaustive audit trail is maintained for tracking and reporting purposes, with user-configurable options for reporting and querying available. Lastly, its flexible implementation ensures adaptability to various organizational needs and structures.
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
PwC
Date Founded
1998
Company Location
United Kingdom
Company Website
www.pwc.com/us/en/products/model-edge.html
Company Facts
Organization Name
Paragon Business Solutions
Date Founded
1991
Company Location
United Kingdom
Company Website
www.credit-scoring.co.uk/focus
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)
Categories and Features
Financial Risk Management
Compliance Management
Credit Risk Management
For Hedge Funds
Liquidity Analysis
Loan Portfolio Management
Market Risk Management
Operational Risk Management
Portfolio Management
Portfolio Modeling
Risk Analytics Benchmarks
Stress Tests
Value At Risk Calculation