Model Risk Management

Errors in your spreadsheets and end-user databases mean there’s a risk to your business. Our methodologies remove the potential for error, and enhance confidence in your model. To manage model risk, we can: Review your model, test and audit some or all of your model, confirm whether your model complies with financial best practice, or produce a diagnostic report.

Why choose numeritas for your model risk management

Model Risk Management Overview

Three key reasons to choose numeritas for your model risk management needs:

Error-free

Our methodologies remove the risk of errors

Confidence

You can trust our years of experience in this field

Best Practice

We follow modelling best practice guidelines

We can help you with…

Here are just a few of the ways model risk management can help your business.

Reviewing

Checking your model to make sure it's effective

Testing

Testing your model's robustness in a range of scenarios

Auditing

Assessing your model against best practice standards

Reporting

Diagnosing whether your model is in good health

Reducing risk

The best way to ensure your model wont let you down

Reassuring

Confidence you can rely on your model for accuracy

LATEST BLOG: Best Practice, Model Build, Excel

How to build a financial model from scratch

LATEST BLOG: Model maps, risk management, Free Excel software

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LATEST resource: Video

User Friendly Models

LATEST resource: Whitepapers

SCILS – Financial Modelling Principles (Version 1)

Ask about Model Risk Management

Contact us today to discuss Model Risk Management, or to have an initial conversation with no obligation

Our Work

To confirm why Numeritas is best for your modelling needs, check out what we’ve done for clients just like you.

CASE STUDY:

Stagecoach rail / Rail franchise bid

Transport & Leisure

CASE STUDY:

Motorola / Best Practice Review

Technology & Telecoms

CASE STUDY:

Severn Trent / Model Audit

Mining & Utilities

CASE STUDY:

Essar Oil / Refinancing model audit

Oil & Gas