Model Risk Governance Can’t Wait: How Banks Are Closing the Compliance Gap
Model risk oversight is no longer optional — regulators now expect the same governance discipline from midsized and internationally active banks as from global institutions. This exclusive whitepaper explains what that shift means in practice and how technology-enabled Model Risk Management (MRM) can close the gap between policy and evidence.
Backed by SureStep’s advisory experience and SAS’s proven Model Risk Manager on Viya, the paper explores:
- The evolving regulatory landscape — and what SR 11-7 and OSFI E-23 mean for midsized institutions
- How banks are modernizing validation, documentation, and reporting to meet examiner expectations
- Practical steps to automate governance and achieve full transparency across every model
- A real-world SureStep engagement with a Canadian bank that achieved enterprise-grade control in under a year
Download the whitepaper to see how leading institutions are modernizing model risk governance — and how your organization can do the same.
SureStep helps financial institutions address financial crimes, AI governance, and the full spectrum of risk and compliance. With deep expertise across operational risk, model risk, regulatory compliance and GRC platforms, SureStep delivers advisory and technology solutions that turn complex risks into opportunities for resilience and growth. SureStep serves clients globally with a presence across North America and Asia.
SAS is a global leader in analytics, helping organizations transform data into trusted decisions. With decades of experience in financial services, SAS delivers advanced solutions for anti–money laundering (AML), fraud, and risk management that empower institutions to detect threats faster, reduce compliance costs, and meet regulatory expectations. Banks of all sizes rely on SAS technology to strengthen financial crime prevention and build resilience for the future.
Prepared by
Robert serves as Strategic Advisor to the CEO of SureStep, where he focuses on enterprise strategy and client success. Drawing on deep experience in data governance, data management, and software development, he helps organizations translate complex regulatory and operational requirements into actionable strategies and scalable solutions.
