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RiskMetrics from MSCI
Provides risk analysis, performance measurement, and investment decision support systems for institutional investors.
Product analysis by function
Risk Analytics for Analytics and Business Intelligence
Platforms for advanced analysis of various risk types to support risk management decisions.
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Data Integration and Connectivity
(9 Yes /9 Known /10 Possible features)
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Multi-source Data Integration Ability to import and unify data from multiple banking systems (core banking, CRM, external feeds, etc.). |
RiskMetrics offers data integration from multiple financial and market data sources, supporting unified analysis for institutional investors. This is a core element described in MSCI's documentation and marketing materials. | |
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Real-time Data Sync Support for real-time or near-real-time data updates and streaming. |
Real-time or near-real-time data updates are supported by MSCI RiskMetrics for portfolio risk analytics, highlighted in the product specs. | |
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ETL Automation Built-in extract, transform, load (ETL) processes for automated data management. |
ETL processes are implemented in the RiskMetrics workflow for automated risk data consolidation and transformation, according to MSCI technical documentation. | |
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Data Quality Monitoring Tools to continuously check, profile, and improve data accuracy and consistency. |
RiskMetrics includes tools for ongoing data quality checks as part of risk validation and compliance processes. | |
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API Support Availability of application programming interfaces for custom integrations. |
APIs are available for integration with client portfolio management and third-party systems per MSCI's product documentation. | |
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Unstructured Data Handling Ability to process and analyze unstructured data (such as emails, documents, social media). |
RiskMetrics supports ingestion and analysis of unstructured data, including documents and news feeds, as evidenced by use case descriptions. | |
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Batch Processing Speed Processing speed for large batches of imported data. |
No information available | |
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Data Mapping Flexibility Tools for flexible mapping between different data schemas. |
RiskMetrics allows flexible mapping between data schemas, essential for processing various client portfolio structures. | |
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Cloud Database Compatibility Support for major cloud storage/data platforms. |
MSCI documentation demonstrates compatibility with major cloud platforms and storage for RiskMetrics. | |
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Data Enrichment Capability to augment data with additional attributes or external sources. |
Data enrichment from external market and reference data sources is a key capability noted in MSCI RiskMetrics marketing and technical materials. |
Risk Modeling and Scoring
(10 Yes /10 Known /10 Possible features)
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Credit Risk Assessment Ability to model, calculate, and report on credit risk exposure. |
Credit risk modeling is a documented part of RiskMetrics functionality for portfolio analysis. | |
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Market Risk Analytics Support for calculating risks related to market volatility, value at risk (VaR), etc. |
Market risk analytics including Value at Risk (VaR) are a core RiskMetrics feature. | |
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Operational Risk Models Tools for quantifying and simulating operational risks (fraud, process failure, etc.). |
Operational risk modules are provided for institutional users as part of the extended RiskMetrics suite. | |
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Custom Risk Scorecard Builder Ability to design, implement, and manage custom risk scoring systems. |
Customizable risk scorecards can be implemented in the platform workflows; referenced in product configuration guides. | |
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Stress Testing Simulation of extreme scenarios to assess resilience. |
Stress testing is a cornerstone feature for financial risk and scenario analysis, described in detail in the user manuals. | |
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Scenario Analysis Capability to analyze the effect of different market and credit scenarios. |
Scenario analysis tools included for exploring impacts of different financial and economic environments on portfolios. | |
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Probability of Default Calculation Support for quantitative PD modeling. |
Probability of Default (PD) modeling is supported for asset and counterparty analysis in RiskMetrics. | |
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Loss Given Default Estimation Tools to estimate LGD values. |
Loss Given Default (LGD) estimation models are offered within the RiskMetrics credit risk framework. | |
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Exposure at Default Estimation Tools to model EAD figures. |
Exposure at Default (EAD) estimation is available as part of MSCI's credit risk suite. | |
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Model Calibration Tools Functionality to recalibrate and validate predictive risk models. |
RiskMetrics includes tools for model calibration and validation per regulatory and client requirements. |
Reporting and Visualization
(9 Yes /9 Known /10 Possible features)
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Interactive Dashboards Customizable dashboards for visualizing key risk metrics and trends. |
Interactive dashboards are a standard offering, supporting risk visualization and analysis. | |
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Automated Report Generation Tools for scheduled and one-click creation of risk reports. |
Automated scheduled and on-demand report generation is available. | |
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Drill-down Functionality Ability to drill into report figures to explore underlying data. |
Drill-down into analytics data is supported for granular portfolio and security-level review. | |
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Trend Analysis Historical views and trend projections for risk indicators. |
Trend and historical analysis functionality is highlighted in RiskMetrics reporting tools. | |
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Custom Report Builder User-defined templates and configuration for bespoke reporting. |
Custom report builder functionality is available according to product specs. | |
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Exception Reporting Alerting on outliers, breaches, or significant risk events. |
RiskMetrics provides exception reporting and risk event notifications. | |
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Regulatory Report Templates Built-in templates for key regulatory risk reports (e.g., Basel, IFRS 9, CECL). |
Regulatory report templates (e.g., Basel, IFRS 9) included per MSCI product overviews. | |
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Export Options Ability to export reports/data to popular formats (PDF, Excel, CSV, etc.). |
Can export data to Excel, CSV, PDF, and other popular formats. | |
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Visualization Types Number of chart/visualization types supported. |
No information available | |
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Mobile Accessibility Support for report and dashboard access on mobile devices. |
Mobile accessibility for dashboards/reports is promoted for RiskMetrics. |
Risk Data Governance and Security
(10 Yes /10 Known /10 Possible features)
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User Access Controls Role-based permissions and user management. |
Role-based access and user controls are included for security and compliance. | |
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Audit Trail Comprehensive logs of data changes and analytic actions. |
Audit logs are maintained for actions taken in RiskMetrics, critical for compliance. | |
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Data Encryption Support for encryption at rest and in transit. |
Data encryption at rest and in transit is part of MSCI's security offering. | |
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GDPR/CCPA Compliance Certified support for major data privacy laws. |
Public documentation and compliance statements confirm GDPR/CCPA support. | |
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Data Masking Redacting sensitive information in outputs and analytics. |
Data masking and sensitivity redaction provided for compliance and client privacy. | |
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Multi-Tenancy Support Ability to securely segment data and processes by user or division. |
Segregation of client/portfolio data (multi-tenancy) included as best practice. | |
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SAML/SSO Integration Support for federated login and identity management. |
SAML and SSO login integration mentioned in platform integration documents. | |
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Physical Security Certifications Provider holds relevant data center and process security certifications. |
Datacenter security certifications available, as listed in MSCI Trust Center. | |
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Automated Data Retention Policies Configurable rules for retaining and purging risk data. |
Automated retention, archiving, and purging policies documented for regulatory compliance. | |
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Incident Response Framework Structured response and notification policies for security events. |
Incident response protocols established for risk and data security events according to MSCI public documentation. |
Predictive Analytics and Machine Learning
(6 Yes /6 Known /10 Possible features)
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Machine Learning Model Integration Ability to deploy, score, and retrain machine learning models. |
No information available | |
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Anomaly Detection Automatic identification of unusual risk patterns. |
Anomaly detection is supported for risk management, as referenced in advanced analytics documentation. | |
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Time-series Forecasting Support for forecasting risk using time series/sequence models. |
Time-series modeling and forecasting available as part of risk analytics toolkit. | |
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Model Explainability Tools Features for interpreting ML model outputs (e.g., Shapley values, LIME). |
Model explainability tools and reports are provided for both regulatory review and internal risk teams. | |
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Custom Algorithm Support Ability to plug in proprietary or custom-developed models. |
Clients can implement custom analytics and algorithms via platform APIs. | |
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Automated Feature Engineering Automatic detection and creation of useful input features for predictive models. |
No information available | |
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Model Performance Monitoring Ongoing tracking of predictive model accuracy and drift. |
Ongoing model performance monitoring (accuracy/drift) provided for model management. | |
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AutoML Capabilities Support for automatic model selection and hyperparameter tuning. |
No information available | |
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Risk Alerting Based on Predictions Automated notification based on predictive risk thresholds. |
Automated alerting based on predictive thresholds is supported in investor risk monitoring. | |
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Batch Scoring Speed The speed at which models can score data in batch processes. |
No information available |
Scenario and Stress Testing
(7 Yes /7 Known /10 Possible features)
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Macro-economic Scenario Modeling Built-in or customizable macroeconomic scenario setups for stress testing credit and market risk. |
Macroeconomic scenario modeling is available for stress-testing portfolios. | |
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Reverse Stress Testing Ability to identify scenarios that would cause portfolio or firm-wide failure. |
Reverse stress testing tools are offered for risk assessment. | |
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Flexible Scenario Definition User-definable parameters and variables for scenario analysis. |
Scenario frameworks are user-configurable, supporting flexible definition. | |
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Test Automation Scheduling and automation capabilities for regular stress and scenario runs. |
No information available | |
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Scenario Library Pre-configured sets of sample scenarios for rapid analysis. |
No information available | |
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Real-time Impact Calculation Instantaneous computation of risk metric changes as scenarios are applied. |
Real-time impact calculation as scenarios are applied is supported. | |
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Regulatory Stress Test Alignment Templates and configuration aligned to regulatory stress test requirements (e.g., CCAR, EBA). |
Regulatory stress test templates (CCAR, EBA) are available as per product documentation. | |
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Scenario Comparison Visualization Tools to visually compare outputs under multiple scenarios. |
Visualization tools for scenario comparison are integrated in dashboard modules. | |
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Large-scale Simulation Capacity Maximum number of simultaneous scenarios that can be run. |
No information available | |
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Scenario Result Export Ability to export scenario outputs for reporting or further analysis. |
Scenario results can be exported for further analysis or regulatory submission. |
Compliance and Regulatory Support
(8 Yes /8 Known /10 Possible features)
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Basel Compliance Tools Built-in models and reports aligned to Basel II/III requirements. |
Built-in Basel compliance models and reporting tools are a major product feature. | |
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IFRS 9/CECL Support Features to support international and US accounting for credit impairment. |
IFRS 9/CECL support is referenced in RiskMetrics' risk reporting suite. | |
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Audit-ready Reporting Ability to generate documentation and outputs required for external/internal audits. |
Audit-ready reporting and documentation export is supported. | |
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Automatic Regulatory Updates Product is kept current with major regulatory rule changes. |
MSCI RiskMetrics receives updates for major regulatory rule changes. | |
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Regulatory Submission Integration Direct interfaces for electronic regulatory report delivery. |
Regulatory report submission integrations (e.g., XBRL) are supported for some jurisdictions. | |
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Regulatory Test Suites Standardized test suites to validate compliance outputs. |
No information available | |
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Data Lineage Traceability of all data points in regulatory reports back to origin. |
Data lineage and traceability for audit and regulatory reports is a highlighted feature. | |
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Comprehensive Risk Taxonomy Library of risks classified in accordance with global regulatory standards. |
Comprehensive risk taxonomy in line with regulatory standards is maintained. | |
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Regulatory Version Control Ability to archive and roll-back compliance configurations. |
No information available | |
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Compliance Policy Templates Pre-built and customizable documentation to accelerate compliance efforts. |
Compliance policy templates are provided and customizable for institutional requirements. |
Performance and Scalability
(3 Yes /3 Known /10 Possible features)
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Concurrent User Support Number of users who can access/report simultaneously. |
No information available | |
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Maximum Data Volume Amount of transactional or risk data that can be stored/processed efficiently. |
No information available | |
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Analytic Calculation Speed Average time needed for complex risk calculations. |
No information available | |
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Uptime/Availability SLA Service level agreement for availability/reliability. |
No information available | |
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Parallel Processing Capability Ability to use parallel CPUs/cores for faster risk analytics. |
RiskMetrics analytics engine is described as supporting parallel processing to scale compute for large risk jobs. | |
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Cloud Scalability Native scalability in public/private/hybrid cloud environments. |
Cloud-native scalability for large institutional client workloads, including hybrid/private/public clouds. | |
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Load Balancing Support Automated distribution of workload to maximize performance. |
No information available | |
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Batch Processing Throughput Amount of data processed per batch job. |
No information available | |
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Peak User Response Time Maximum time for dashboard or report to load at peak usage. |
No information available | |
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Failover/Disaster Recovery Automated backup and recovery options for business continuity. |
Failover and disaster recovery options are indicated in product's risk and business continuity documentation. |
User Experience and Collaboration
(7 Yes /7 Known /10 Possible features)
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Self-service Analytics Ability for business users to run and customize analytics without IT. |
RiskMetrics provides self-service analytics tools for business user empowerment. | |
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Shared Workspaces Team collaboration areas for shared analytics and annotation. |
Shared workspaces and team collaboration features are referenced for institutional clients. | |
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Commenting and Discussion Tools Inline commenting for risk findings and analytic results. |
No information available | |
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User Onboarding Guidance Interactive help, tutorials, or guided onboarding for new users. |
User onboarding documentation and interactive assistance provided. | |
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Customizable Dashboards Drag-and-drop or configurable dashboards. |
Customizable and personalized dashboards available for user/role-specific needs. | |
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Role-specific Interfaces UI/UX tailored to different types of users (analysts, managers, IT, etc.). |
Interfaces tailored by user type (role) are included in UI design. | |
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Scheduling and Email Notifications Support for scheduled reports and email-based alerts. |
Scheduling of reports and email notifications is part of reporting functionality. | |
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Mobile/Web Access Full functionality via browser or mobile app. |
Web and mobile access for full reporting and analytics experience available. | |
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Personalized Views User-customized layouts, favorites, and bookmarks. |
No information available | |
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Export/Import User Settings Ability to save, export, or migrate user configurations. |
No information available |
Integration and Extensibility
(8 Yes /8 Known /10 Possible features)
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Plug-in/API Library Pre-built connectors or plug-ins for banking, BI, or risk management platforms. |
RiskMetrics includes pre-built plug-ins and API libraries for common financial and risk data integrations. | |
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Data Export APIs REST or SOAP APIs to export risk data/analytics to other systems. |
Data export APIs and connectors are available for downstream system integration. | |
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Custom Workflow Integration Ability to combine risk analytics into larger business workflows. |
Custom workflow integration described in client implementation guides. | |
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BI Tool Compatibility Native integration with major BI products (Power BI, Tableau, etc.). |
Integration with major BI products such as Power BI and Tableau supported. | |
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Third-party Model Import Ability to ingest externally developed models (e.g., PMML, Python, R). |
Third-party model import (e.g., PMML, Python/R code) referenced in documentation. | |
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SFTP/Batch File Interface Support for exchanging bulk risk data using SFTP or shared storage. |
SFTP and batch file processing interfaces available for bulk data exchange. | |
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Event-driven Integration Trigger actions or analytics based on external events. |
Event-driven processing (triggered analytics) is supported for real-time monitoring use cases. | |
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Sandbox Environment Environment for testing integrations and customizations safely. |
No information available | |
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Versioned API Support Backward-compatible management of API version changes. |
No information available | |
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Extensible Data Schema Ability for admins to easily extend data structures for additional fields. |
The platform offers extensible data schema management features for client-specific data fields. |
Model Risk Management for Risk Management
Systems for developing, validating, and monitoring risk models used throughout the bank.
More Model Risk Management
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Model Inventory & Lifecycle Management
(9 Yes /9 Known /10 Possible features)
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Centralized Model Inventory A comprehensive, searchable repository of all models with classification and metadata. |
MSCI RiskMetrics keeps a centralized model inventory and metadata repository as part of its institutional risk management platform. | |
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Version Control Ability to track and manage different versions of a model through its lifecycle. |
RiskMetrics explicitly provides model version control functionality for model governance and compliance. | |
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Model Lineage Tracking Tracks model evolution, ownership, and historical changes. |
Model lineage, including historical changes and ownership, is part of model governance features described in documentation. | |
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Automated Model Registration Allows fast and standardized addition of new models to the system. |
RiskMetrics supports automated and standardized model registration workflows. | |
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Model Documentation Repository Centralized documentation storage, including methodology, usage guides, and policies. |
Centralized documentation repository features outlined in MSCI RiskMetrics datasheets. | |
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Expiry and Decommissioning Alerts Automated notifications for end-of-life, renewal, or mandatory review. |
Automated expiry and decommissioning alerts are part of model lifecycle management. | |
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Bulk Model Import/Export Ability to upload or download multiple models and related data in standard formats. |
No information available | |
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User Access Control Configurable permissions to manage and restrict model editing and viewing. |
Configurable user access control for model editing/viewing is a mandatory feature for institutional clients. | |
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Model Dependency Mapping Visual or tabular mapping of interdependencies among models. |
Model dependency mapping is offered to visualize the interlinkages among various risk models. | |
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Real-time Model Status Dashboard Visualization of model states (e.g., development, production, retired) in real-time. |
Real-time model status dashboard is included in RiskMetrics platform reporting functionalities. |
Model Validation & Governance
(7 Yes /7 Known /10 Possible features)
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Automated Model Validation Workflow Pre-defined workflows for validation processes including independent reviews and sign-offs. |
RiskMetrics includes automated validation workflows for pre- and post-deployment model validation. | |
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Validation Testing Suite Integration In-built or integrable tools for running backtesting, benchmarking, and stress testing. |
. | No information available |
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Audit Trail Immutable records of all actions, decisions, and reviews performed on each model. |
Audit trails for all model changes and approvals are part of platform compliance reporting. | |
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Regulatory Compliance Checks Automated checks for alignment with relevant financial regulations (e.g., SR 11-7, TRIM). |
Regulatory compliance checks are part of MSCI's institutional tools for banking clients. | |
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Segregation of Duties Ensures different users/teams manage model ownership, development, and validation. |
Supports segregation of duties to ensure independent model validation and review. | |
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Approval Workflow Customization Configurable workflows for model sign-off at multiple stages or committees. |
Approval workflow customization is supported for institutional workflows. | |
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Validation Scheduling and Calendars Tools for setting up periodic reviews and validation events. |
Validation scheduling/calendar features available for ongoing compliance. | |
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Exception Reporting Automatic reporting of validation findings, exceptions, and breaches. |
. | No information available |
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Policy Repository and Enforcement Central store for governance policies and enforcement of policy adherence. |
Policy repository and enforcement tools exist for alignment with regulatory requirements. | |
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Validator Independence Checks Controls to ensure validators do not have conflicts of interest with development teams. |
. | No information available |
Model Performance Monitoring
(5 Yes /5 Known /10 Possible features)
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Performance Metric Calculation Automated calculation of accuracy, bias, stability, and other model KPIs. |
Performance metrics (accuracy, bias, stability) are automatically calculated as part of risk analysis. | |
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Drift Detection Automated identification of data or concept drift impacting model performance. |
Drift detection and concept drift is part of investment model monitoring in RiskMetrics. | |
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Threshold Alerts Real-time alerts when performance metrics cross predefined thresholds. |
Threshold alerts to KPIs/performance are configurable and available. | |
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Customizable Monitoring Frequency Ability to set different monitoring intervals (e.g., daily, weekly, monthly) for each model. |
. | No information available |
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Monitoring Dashboard Central dashboard visualizing ongoing performance indicators for all models. |
Central monitoring dashboards are a core feature of RiskMetrics reporting suite. | |
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Data Quality Checks Automated validation of input data quality and suitability for each model. |
Data quality validation checks are run on input feeds for all models. | |
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Outlier Detection Automatic identification and reporting of abnormal scoring behaviour. |
. | No information available |
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Usage Logging Detailed logging of each time a model is used for decision-making. |
. | No information available |
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Performance Heatmaps Visual heatmaps of performance by product, segment, or other key attributes. |
. | No information available |
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Historical Performance Archive Secure storage and access to historical performance data for trend analysis. |
. | No information available |
Model Risk Quantification
(2 Yes /2 Known /10 Possible features)
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Model Risk Scoring Assigns quantitative risk scores based on model complexity, impact, and criticality. |
Model risk scoring and risk tiering functionality are part of platform's model risk aggregation. | |
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Exposure Calculation Engine Automates calculation of exposures across portfolios using each model. |
. | No information available |
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Capital Impact Estimation Estimates impact of model error on regulatory and economic capital requirements. |
. | No information available |
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Risk Ranking Dashboard Visualizes and ranks model risk across the inventory. |
. | No information available |
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Scenario Analysis Tools Allows analysis of model risk under various scenarios and assumptions. |
Scenario analysis tools for risk estimation exist for both model and investment stress testing. | |
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Customizable Risk Assessment Frameworks Enables design and application of risk assessment methodologies specific to institution needs. |
. | No information available |
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Aggregated Risk Reporting Provides a top-down view on aggregate model risk across the enterprise. |
. | No information available |
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Materiality Thresholds Configurable criteria for the definition of high-, medium-, and low-risk models. |
. | No information available |
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Loss Event Tracking Logs realized losses attributable to model errors/failures. |
. | No information available |
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Model Risk Appetite Integration Allows mapping of model risk exposure to board-approved risk appetite statements. |
. | No information available |
Data Management & Integration
(3 Yes /3 Known /10 Possible features)
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Data Source Integration Connects with internal and external data sources/databases for model inputs. |
RiskMetrics is specifically designed to integrate with numerous internal and external data sources. | |
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ETL Pipeline Tools Extract, transform, and load (ETL) processes for ingesting and cleaning modeling data. |
. | No information available |
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Data Lineage Tracking Tracks the origin and transformation of all data used in models. |
. | No information available |
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Automated Data Quality Reporting Produces regular reports on data accuracy and completeness. |
. | No information available |
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Secure Data Storage Ensures compliance-aligned, encrypted data storage. |
. | No information available |
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Anonymization/Pseudonymization Tools for protecting sensitive information in data feeds. |
. | No information available |
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Data Update Frequency The frequency with which internal databases are updated with new data for modeling. |
. | No information available |
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Batch and Real-Time Processing Supports both scheduled batch and instant real-time data processing. |
Both batch and real-time data processing for market and risk data are supported. | |
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Data Schema Versioning Manages changes to data structures and fields over time. |
. | No information available |
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Data Access Logs Maintains an audit log of every dataset access or change. |
Comprehensive data access logs maintained for audit. |
Audit & Compliance
(4 Yes /4 Known /10 Possible features)
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Full Audit Trails End-to-end tracking of user actions, approvals, and model changes. |
Full audit trails for all model lifecycle, approvals, and user actions are available. | |
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Regulatory Policy Mapping Maps system features and controls to external standards/regulations (e.g. ECB, Basel). |
. | No information available |
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Reporting Templates Pre-defined reports for internal/external audits and regulatory submissions. |
Reporting templates for risk and compliance are provided for audit and regulatory review. | |
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Audit Log Export Enables exporting detailed logs for external review. |
. | No information available |
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Role-based Access Management Configurable access restrictions to ensure only authorized personnel can perform sensitive actions. |
RiskMetrics supports advanced, role-based access management for model and data governance. | |
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Change Approval Workflows Mandates approval before modifications or deployments. |
Approval workflows for changes are available and can be customized. | |
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Model Risk Committee Integration Records and supports committee decisions, minutes, and reporting. |
. | No information available |
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Data Retention Schedules Enforces data retention and deletion policies to comply with legal obligations. |
. | No information available |
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Regulatory Alert Management Alerts users of regulatory deadlines or new requirements. |
. | No information available |
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External Auditor Access Provides secure temporary access for external auditors. |
. | No information available |
Reporting & Analytics
(4 Yes /4 Known /10 Possible features)
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Custom Report Builder Drag-and-drop or code-based tools for custom analytics/report creation. |
Custom report builder supports both standard and user-defined analytics. | |
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Scheduled Report Delivery Automated scheduling and distribution of reports to stakeholders. |
Scheduled report delivery is an integral part of client reporting features. | |
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KPI Dashboards Visual dashboards summarizing key model risk and validation metrics. |
Customizable dashboards for performance KPIs and risk summaries are present. | |
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Ad Hoc Query Tools Allows on-demand, user-defined queries against model and risk data. |
. | No information available |
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Interactive Data Visualization Interactive charts, tables, and graphics for deeper insights. |
. | No information available |
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Export Formats Supports exporting reports in multiple formats (PDF, CSV, XLSX, etc). |
. | No information available |
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Drill-down Analytics Allows users to explore underlying data for key metrics and charts. |
. | No information available |
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User-specific Dashboards Personalized dashboards based on user roles and interests. |
. | No information available |
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APIs for Data Access Programmatic access for integration with other analytics environments. |
APIs for data access and analytics integration are well-documented for RiskMetrics clients. | |
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Historical Trend Analysis Visualization and analysis of metric trends over selected periods. |
. | No information available |
User Experience & Accessibility
(1 Yes /1 Known /10 Possible features)
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Intuitive User Interface Easy-to-navigate interface for both technical and non-technical users. |
RiskMetrics is recognized for its intuitive UI for complex risk analytics for both technical and business users. | |
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Multi-language Support System available in multiple languages to support global teams. |
. | No information available |
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Mobile Access Model management and monitoring available on mobile devices. |
. | No information available |
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Role-based Dashboard Customization Personalized dashboard views based on user roles and preferences. |
. | No information available |
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Bulk Actions Support Ability to carry out bulk updates or actions for efficiency. |
. | No information available |
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Accessibility Compliance Adherence to standards like WCAG for users with disabilities. |
. | No information available |
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In-app Help and Tooltips Embedded help features and contextual tips throughout the system. |
. | No information available |
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Onboarding Tutorials Guided steps or training modules for new users. |
. | No information available |
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User Feedback Capture Interfaces for users to submit feedback or improvement suggestions. |
. | No information available |
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Usage Analytics Collects and visualizes platform usage metrics for optimization. |
. | No information available |
Security & Privacy
(6 Yes /6 Known /10 Possible features)
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End-to-End Encryption Encryption of data at rest and in transit. |
End-to-end encryption for sensitive portfolio and risk data is a baseline feature. | |
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Multi-factor Authentication Enhanced login security via additional authentication factors. |
Multi-factor authentication and SSO are offered for large institutional customers. | |
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Granular Access Permissions Detailed layer-based access configuration for all features/data. |
Granular access permissions are required by global asset managers using the platform. | |
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Single Sign-On (SSO) Integration Integration with enterprise identity providers for unified access control. |
RiskMetrics offers SSO integration (LDAP, SAML) for enterprise clients. | |
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Anomaly Detection in System Access Automatic detection of unusual or suspicious user activity. |
Anomaly detection in system access is available for audit and data security. | |
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Segregation of Sensitive Data Strict isolation and access limits for sensitive or confidential data. |
. | No information available |
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Comprehensive Logging Persistent, tamper-proof logs of all access and activity. |
. | No information available |
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Automated Permission Reviews Scheduled reminders and tools for regular privilege reviews. |
. | No information available |
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Compliance with Data Privacy Laws Assurance of adherence to GDPR, CCPA, and other applicable data privacy standards. |
MSCI regularly certifies RiskMetrics for GDPR and other global data privacy regulations. | |
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Security Patch Management Regular and prompt updates/patching for all components. |
. | No information available |
Deployment & Scalability
(3 Yes /3 Known /10 Possible features)
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Cloud Deployment Support Ability to run natively on major public/private cloud infrastructures. |
RiskMetrics is available as a cloud SaaS and hybrid solution for institutional deployment. | |
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On-premises Deployment Option Ability to deploy on the bank's internal servers and data centers. |
No information available | |
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Hybrid Deployment Flexibility Mix of on-premises and cloud deployments for disaster recovery/business continuity. |
. | No information available |
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Horizontal Scalability System can scale to manage growing model inventories and data volumes. |
Horizontal scalability for growing risk book/model numbers is documented in solution architecture. | |
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API Integration Support Robust REST/SOAP APIs for integrating with other enterprise systems. |
API integration support for linking to trading, risk, and data lakes. | |
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Automated Backups Scheduled, automated backups for disaster recovery options. |
. | No information available |
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Disaster Recovery Tools Built-in support for rapid data restoration in case of outage. |
. | No information available |
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Containerization Support Supports Docker/Kubernetes for flexible deployment and scaling. |
. | No information available |
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Multi-tenant Capabilities Supports separation of data and workflows across different organizational units. |
. | No information available |
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Deployment Time Time required to deploy and configure the solution for production use. |
. | No information available |
Model Inventory and Documentation
(0 Yes /0 Known /13 Possible features)
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Centralized Model Inventory Maintains a complete, up-to-date list of all models in use across the institution. |
. | No information available |
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Automated Model Registration New models are automatically registered in the inventory upon deployment. |
. | No information available |
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Version Control Tracks different versions of each model and maintains a full version history. |
. | No information available |
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Model Metadata Management Stores and manages extensive metadata for each model (purpose, owner, inputs, outputs, etc.). |
. | No information available |
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Model Documentation Repository Centralized location for storing model documentation, including development notes, validation reports, and audit trails. |
. | No information available |
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Model Ownership Assignment Each model has designated owners and stakeholders clearly identified. |
. | No information available |
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Change Logging Logs every change made to models or documentation for audit purposes. |
. | No information available |
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Model Decommission Tracking Tracks retired/decommissioned models alongside active ones. |
. | No information available |
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Model Categorization Categorizes models by risk tier, business function, and regulatory impact. |
. | No information available |
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Documentation Completeness Score Measures the percentage of required documentation fields completed for each model. |
. | No information available |
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Documentation Accessibility Documentation is easily accessible to relevant staff and auditors. |
. | No information available |
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Automated Model Onboarding Workflow Streamlines onboarding with automated forms and steps. |
. | No information available |
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Role-based Access for Documentation Access to model documentation is controlled by user role and permission settings. |
. | No information available |
Model Validation and Performance Monitoring
(0 Yes /0 Known /13 Possible features)
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Automated Model Validation Scheduling Schedules regular model validation exercises and tracks completion. |
. | No information available |
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Validation Workflow Management Manages steps and approvals for validation activities, with status tracking. |
. | No information available |
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Model Performance Metrics Tracks KPIs such as accuracy, stability, bias, and drift. |
. | No information available |
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Threshold Monitoring for Metrics Alerts when monitored performance metrics breach predefined thresholds. |
. | No information available |
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Model Drift Detection Detects if a model's performance has materially changed over time. |
. | No information available |
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Backtesting Capability Automated tools for backtesting model predictions using historical data. |
. | No information available |
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Data Quality Monitoring Evaluates input data quality for model reliability. |
. | No information available |
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Validation Findings Repository Stores validation reports and findings with resolution tracking. |
. | No information available |
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Outcome Analysis Frequency Frequency with which model outcomes are reviewed. |
. | No information available |
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Peer Review Process Includes mandatory peer review of validation results. |
. | No information available |
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Automated Reporting of Validation Issues Validation findings automatically trigger notifications and escalation. |
. | No information available |
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Independent Model Review Support Allows for auditor or independent reviewer access and review workflows. |
. | No information available |
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Model Performance Visualization Provides dashboards and charts for visualizing validation and performance data. |
. | No information available |
Risk Assessment and Aggregation
(0 Yes /0 Known /13 Possible features)
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Model Risk Scoring Assigns risk tiers or quantitative risk scores to each model based on impact, complexity, and use. |
. | No information available |
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Aggregate Model Risk Dashboard Displays aggregate model risk exposure at the enterprise and business unit levels. |
. | No information available |
|
Scenario Analysis Support Facilitates scenario testing of model failures/weaknesses. |
. | No information available |
|
Risk Aggregation Automation Automatically compiles model risks into enterprise-wide reports. |
. | No information available |
|
Concentration Risk Identification Identifies areas of undue model risk concentration (e.g., by vendor or business line). |
. | No information available |
|
Risk Heatmap Generation Produces visual heatmaps of model risk across organization. |
. | No information available |
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Risk Appetite Alignment Check Compares model risks to stated institution risk appetite/tolerance. |
. | No information available |
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Model Dependencies Mapping Maps dependencies between models to surface systemic risk. |
. | No information available |
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Regulatory Capital Impact Calculator Estimates regulatory capital requirement impact of models. |
. | No information available |
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Risk Assessment Frequency The regularity with which formal risk assessments are performed. |
. | No information available |
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Automated Risk Trend Analysis Tracks changes in model risk scores or classifications over time. |
. | No information available |
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Stress Testing Integration Enables integration with broader stress testing systems. |
. | No information available |
|
Portfolio-level Risk Summaries Compiles model risks for groups or portfolios of models. |
. | No information available |
Governance and Workflow Management
(0 Yes /0 Known /13 Possible features)
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Workflow Automation for Approvals Enforces approval steps for model creation, changes, validation, and decommissioning. |
. | No information available |
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Role-Based Permissions User roles and permissions govern access to model features and data. |
. | No information available |
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Audit Trails Comprehensive audit logs for all user and system actions affecting models. |
. | No information available |
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Policy Enforcement Engine Automated enforcement of institution’s model risk management policies. |
. | No information available |
|
Exception Management Tracks and manages exception requests and approvals related to model risk rules. |
. | No information available |
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SLA Monitoring for Model Reviews Monitors and reports on service-level performance for key model management processes. |
. | No information available |
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Delegated Authority Workflows Allows for workflow steps to be delegated to appropriate roles/groups. |
. | No information available |
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Change Management Workflows Automates workflows for proposed model modifications or redevelopments. |
. | No information available |
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Document Approval Routing Routes new/updated model documentation for sign-off by required approvers. |
. | No information available |
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Process Compliance Score Percent of governance tasks completed on time and in full. |
. | No information available |
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Conflict of Interest Checks Ensures independence in reviews and approvals to prevent conflicts of interest. |
. | No information available |
|
Integration with HR Systems Links user permissions with HR records for role verification. |
. | No information available |
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Pre-built and Customizable Workflow Templates Includes standard workflow templates, e.g., for new model onboarding, validation, etc. |
. | No information available |
Regulatory Compliance and Reporting
(0 Yes /0 Known /13 Possible features)
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Automated Regulatory Reporting Auto-generates regulatory reports tailored to applicable frameworks (e.g., SR11-7, ECB, PRA). |
. | No information available |
|
Pre-built Regulatory Templates Provides templates aligned to major global and regional MRM regulatory standards. |
. | No information available |
|
Regulatory Change Tracking Tracks and alerts users to new or updated regulatory requirements. |
. | No information available |
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Audit Readiness Reports Quick generation of compliance evidence packs for audits. |
. | No information available |
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Regulatory Gap Analysis Tools Assesses model risk management processes against current regulation. |
. | No information available |
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Regulatory Submission History Archive of previous regulatory filings and correspondences. |
. | No information available |
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Compliance Attestation Workflows Facilitates gathering sign-offs and attestations on compliance status. |
. | No information available |
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Regulatory Reporting Frequency Frequency at which formal regulatory reports are generated/submitted. |
. | No information available |
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Regulatory Reference Library Central repository for latest applicable regulations and guidance. |
. | No information available |
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Automated Control Testing Periodically tests regulatory controls for effectiveness. |
. | No information available |
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Regulatory Impact Flagging Flags models with increased scrutiny or regulatory attention. |
. | No information available |
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Custom Regulatory Fields Configuration of custom fields to meet unique regulatory needs. |
. | No information available |
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Multi-jurisdictional Compliance Support Handles regulatory requirements for multiple regions/jurisdictions. |
. | No information available |
Integration and Interoperability
(0 Yes /0 Known /13 Possible features)
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Open API Access RESTful APIs for integration with internal risk, data, and reporting platforms. |
. | No information available |
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Batch Data Import/Export Supports mass data transfer for models, metadata, performance data, etc. |
. | No information available |
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Plug-in Connector Framework Allows integration with third-party data, analytics, or regulatory tools. |
. | No information available |
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Real-time Data Feeds Support Can consume and process real-time market, risk, or operational data feeds. |
. | No information available |
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Integration with Model Libraries Easy import/export of models from standard libraries or development environments. |
. | No information available |
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Single Sign-On (SSO) Integration Enables secure SSO via enterprise identity providers (LDAP, SAML, OAuth). |
. | No information available |
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Third-Party Validation Plug-ins Connects with external validation vendors or consultants. |
. | No information available |
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Regulatory Submission Gateways Direct submission to regulatory systems via secure channels. |
. | No information available |
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Automated Data Mapping Automates mapping of internal data fields to external/regulatory schema. |
. | No information available |
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API Call Capacity Maximum number of API calls supported per minute. |
. | No information available |
|
Integration Setup Time Average time required to set up a new integration. |
. | No information available |
|
Audit Logging of API Interactions Tracks all external API/API connector accesses for audit purposes. |
. | No information available |
|
Bulk Data Synchronization Supports scheduled bulk synchronization of data across platforms. |
. | No information available |
Security and Data Protection
(0 Yes /0 Known /13 Possible features)
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Encryption at Rest and in Transit Sensitive data is encrypted in all states. |
. | No information available |
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Granular Access Controls Restricts data and function access to only authorized users/groups. |
. | No information available |
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Multi-factor Authentication (MFA) Supports strong user authentication with multiple factors. |
. | No information available |
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Intrusion Detection and Alerting Monitors for security incidents and notifies administrators. |
. | No information available |
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Data Masking Masks or redacts sensitive fields for non-privileged users. |
. | No information available |
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Configurable Data Retention Policies Customizable policies for retention and deletion of all records. |
. | No information available |
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Full Audit Logging Captures every access, change, and export of sensitive data. |
. | No information available |
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GDPR/CCPA Compliance Tools Built-in tools to facilitate compliance with privacy regulations. |
. | No information available |
|
Penetration Testing Support Platform regularly tested for vulnerabilities. |
. | No information available |
|
Role-based Encryption Keys Encryption keys segregated by user or function role. |
. | No information available |
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Access Review Frequency Frequency of mandatory access control reviews. |
. | No information available |
|
Secure File Transfer Protocols Supports SFTP, FTPS, HTTPS, and other secure protocols for file transfers. |
. | No information available |
|
Incident Response Automation Automates aspects of incident investigation and remediation. |
. | No information available |
Audit and Traceability
(0 Yes /0 Known /13 Possible features)
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Comprehensive Activity Logging Records every user action, change, and event in the system. |
. | No information available |
|
Historical Model State Reconstruction Ability to reconstruct the state of any model at any point in time. |
. | No information available |
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Automated Audit Trails for Model Lifecycle Automated capture of model lifecycle events for audit trail. |
. | No information available |
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User Action Attribution All activity traceable to individual users. |
. | No information available |
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Configurable Audit Data Retention Customizable retention periods for audit logs. |
. | No information available |
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Forensic Data Export Enables export of logs in standard forensic formats. |
. | No information available |
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Change Approval Tracking Documentation of who approved/reviewed each model change. |
. | No information available |
|
Automated Audit Report Generation Irregular and periodic audit-ready reports generated automatically. |
. | No information available |
|
Audit Issue Lifecycle Management Tracks open audit items, remediations, and closure status. |
. | No information available |
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Auditor Access Portal Dedicated portal for auditor review of model documents and logs. |
. | No information available |
|
Exception Logging Explicit logging of all deviation/exceptions from policy or workflow. |
. | No information available |
|
Time to Prepare Audit Report Average time required to produce a full audit report. |
. | No information available |
|
Automated Evidence Pack Assembly Assembles a package of relevant evidence for each model at the click of a button. |
. | No information available |
Analytics and Reporting
(0 Yes /0 Known /13 Possible features)
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Custom Report Builder Users can design and schedule custom reports on models, risk, validation, etc. |
. | No information available |
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Automated Dashboard Generation Pre-built and customizable dashboards visualize key metrics and trends. |
. | No information available |
|
Natural Language Query Support Allows users to ask questions and generate reports using natural language. |
. | No information available |
|
Drill-down Analytics Interactive reports allow users to drill into detailed data. |
. | No information available |
|
Export to Standard Formats Exports reports and analytics to PDF, Excel, CSV, etc. |
. | No information available |
|
Scheduled Report Distribution Automates email or portal report delivery on a fixed schedule. |
. | No information available |
|
Ad-hoc Query Speed Time to run an ad-hoc analytic query on the entire dataset. |
. | No information available |
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Automated KPI Notifications Sends alerts if key performance indicators deviate from set thresholds. |
. | No information available |
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Data Visualization Library Wide range of chart, graph, map, and interactive visualization tools. |
. | No information available |
|
Self-service Data Exploration Business users can explore data and generate insights without IT support. |
. | No information available |
|
Predictive Analytics Tools Supports building and evaluating predictive models (e.g., model obsolescence risk). |
. | No information available |
|
Anomaly Detection Analytics Automatically detects unusual or outlier model behavior or risk drivers. |
. | No information available |
|
Usage Metrics Monitoring Tracks user access, utilization, and most viewed reports. |
. | No information available |
Configurability and Usability
(0 Yes /0 Known /13 Possible features)
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Custom Field Configuration Admins can add custom fields/attributes to models, workflows, or records. |
. | No information available |
|
Custom Workflow Designer Users can create/edit workflows to match unique internal processes. |
. | No information available |
|
Branded User Interface Support Supports custom branding, color schemes, and logos. |
. | No information available |
|
Multi-language Support System is available in multiple languages for global teams. |
. | No information available |
|
Accessibility Compliance UI is compliant with accessibility standards (e.g., WCAG 2.1). |
. | No information available |
|
Mobile Device Compatibility Optimized for tablet and mobile use, or via native app. |
. | No information available |
|
Help and Guided Tours Includes built-in help, walkthroughs, and onboarding tours. |
. | No information available |
|
User Feedback and Feature Request Portal Tool for users to submit feedback or feature requests. |
. | No information available |
|
User Preference Profiles Users can set display, notification, and workflow preferences. |
. | No information available |
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Custom Notification Settings Users can tailor notification triggers and formats. |
. | No information available |
|
Number of Supported Languages Quantifies how many languages are included out of the box. |
. | No information available |
|
Role-based UI Customization UI dynamically adapts to user's role and typical activities. |
. | No information available |
|
Self-service Dashboard Customization Users can modify their dashboard layout and displayed metrics. |
. | No information available |
Scalability and Reliability
(0 Yes /0 Known /13 Possible features)
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High Uptime Guarantee SLA-backed platform uptime percentage. |
. | No information available |
|
Horizontal Scalability Can handle increases in users, models, and transactions with minimal delay. |
. | No information available |
|
Disaster Recovery Protocols Comprehensive, tested disaster recovery and business continuity processes. |
. | No information available |
|
Load Balancing Support System automatically balances load across infrastructure to maintain performance. |
. | No information available |
|
Usage Capacity Maximum recommended number of concurrent users. |
. | No information available |
|
Peak Model Portfolio Size Maximum recommended number of models under management. |
. | No information available |
|
Automatic Scaling Automatically allocates resources for increased usage. |
. | No information available |
|
Platform Update Transparency Users are notified of system updates, maintenance, and feature rollouts. |
. | No information available |
|
Monitoring and Alerting for Downtime Proactive monitoring and alerting in the event of system outages. |
. | No information available |
|
Failover Infrastructure Redundant hardware/cloud resources ensure service continuity. |
. | No information available |
|
Batch Processing Speed Average time to process a batch operation (e.g., model import, validation run). |
. | No information available |
|
Support for Multi-tenancy Can securely host multiple independent client environments. |
. | No information available |
|
Continuous Backup Frequency Interval at which platform data is automatically backed up. |
. | No information available |
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