Transforming Model Governance with GenAI and Automation: Key Insights from Alberto Ramirez at CeFPro Risk Evolve

GenAI and Automation Are Transforming Model Governance: Insights from Alberto Ramirez

In a compelling discussion at CeFPro’s Risk Evolve convention last month, Alberto Ramirez, Partner at Solytics Partners, delves into the transformative impact of Generative AI (GenAI) and automation on Model Risk Management (MRM).

Key Takeaways:

• Expanding Oversight: GenAI's complexity necessitates extending model oversight beyond traditional risk and validation teams to include compliance, legal, and technology leaders
• Modular Ecosystem: Solytics Partners introduces a suite of tools - NIMBUS Uno for automated MLOps and documentation, MoDeVa for advanced statistical validation, and MRM Vault for governance and traceability - to embed model controls throughout operational workflows
• Regulation as Catalyst: Rather than viewing regulation as a hurdle, Ramirez emphasizes its role in driving smarter, more adaptable technological development.
• Strategic Integration: The future of model risk lies in cross-functional integration and a renewed focus on material business impacts, moving beyond managing models for their own sake.

For a deeper understanding of these insights, watch the full interview: LINK