Model Risk Management Tooling at Scale: Excel, in-house or Third-party?

Choosing the right Model Risk management tooling

Banks today operate dozens to hundreds of models, each subject to growing regulatory scrutiny and evolving supervisory expectations. As model portfolios expand, the way model risk management is supported becomes critical. Tooling decisions directly affect consistency, auditability, scalability, and long-term sustainability.

This white paper explores the trade-offs between Excel-based approaches, internally built solutions, and third-party platforms for managing model risk at scale.

This eBook gives you:

• A clear comparison of Excel, in-house, and third-party tooling across key model risk capabilities
• Insight into how each approach performs on regulatory alignment, auditability, continuity risk
• An overview of implementation effort, ongoing maintenance, and total cost over time
• Practical perspectives on scaling model risk management as requirements evolve
• Guidance on choosing tooling that can adapt to new model types, including AI

Download the eBook now and start mastering your model risk management.