MRM Wiz is the all-in-one platform for insurance and banking organizations to manage their actuarial and financial model lifecycle — from inventory and validation to monitoring and regulatory compliance.
Get StartedMRM Wiz is an enterprise-grade Model Risk Management (MRM) platform purpose-built for actuaries, risk managers, validators, and compliance officers in the insurance and banking sectors. It provides a single source of truth for every model in your organization — eliminating spreadsheets, email chains, and disconnected tools.
With MRM Wiz, your team can track the full model lifecycle, from initial registration and first-line review through independent validation, ongoing monitoring, and annual attestation — all while maintaining a complete, audit-ready record for regulators.
A centralized, searchable registry of all your actuarial and financial models. Track ownership, model tier, business use, and documentation in one place.
Structured 5-stage validation process with role-based task assignment, automated notifications, and a complete audit trail from initiation to sign-off.
Automated risk scoring using configurable formulas. Assess model materiality and exposure across your entire portfolio to prioritize review efforts.
Built-in support for SR 11-7, CCAR, and IFRS 9 regulatory frameworks. Generate compliance reports and demonstrate governance to examiners.
Leverage AI to extract and structure metadata from model documentation, validation reports, and policy documents — saving hours of manual review.
Track, assign, and remediate findings identified during validation. Monitor open issues and closure timelines to reduce model risk exposure.
Ongoing performance assessment for in-use models. Schedule monitoring reviews and track performance metrics over time.
Automate model attestation workflows with built-in reminders, approval chains, and evidence collection for auditors.
Visualize model interdependencies and data flows across your organization. Understand the downstream impact of model changes before they happen.
MRM Wiz serves a range of financial sector professionals:
MRM Wiz is designed from the ground up to help organizations meet the requirements of key financial regulatory frameworks:
Request an account to access a fully-configured sandbox environment within 24 hours. Our implementation team will guide you through setup, data migration, and onboarding — with a typical go-live time of 4 to 8 weeks.
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