ModelMint

A configurable model risk platform that unifies model inventory, lifecycle workflows, validation, monitoring and evidence helping institutions strengthen oversight, improve accountability and act with confidence.

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Overview

Financial institutions rely on an expanding universe of analytical, statistical, regulatory and AI/ML models. When ownership, documentation, validation, approvals and monitoring are managed across disconnected tools, oversight becomes fragmented and evidence is harder to establish.

ModelMint is ICRA Analytics' modular model risk management platform. It brings model inventory, tiering, lifecycle workflows, validation, approvals, monitoring, issue management, evidence and reporting into a single controlled environment. Configurable workflows and role-based accountability connect stakeholders across the model lifecycle from onboarding and change management to retirement.

Designed for deployment within an institution's technology perimeter, ModelMint supports security, data-residency and operational-control requirements while adapting to institution-specific governance frameworks.

Key Capabilities

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Enterprise model inventory: Maintain connected information on ownership, usage, risk, lifecycle status, versions and dependencies.

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Governed lifecycle workflows: Manage intake, classification, tiering, development, validation, approval, monitoring, change and retirement through controlled stages.

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Proportionate controls: Configure tiering, materiality, approval and monitoring logic with recorded decision rationale.

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Role-based accountability: Support segregated responsibilities, maker-checker controls and traceable approvals across lines of defence.

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Model builder environment: Support model development and testing in a controlled workspace with reusable analytical components, versioned artefacts and governed hand-offs for validation and approval.

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Validation and monitoring: Link tests, results, findings, thresholds, breaches and remediation to the governed model record.

Business Benefits

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Improve visibility with a consistent view of model ownership, usage, dependencies, health and governance status.

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Standardise controls across business units while retaining configurable workflows, thresholds and approvals.

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Strengthen auditability through linked lifecycle evidence, version history and traceable decisions.

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Accelerate governance action by connecting tasks, approvals, monitoring results, issues and remediation.

How ModelMint Works

ModelMint creates a governed record for every model. Guided intake captures required metadata and evidence before the model progresses through configurable development, validation, approval, deployment and monitoring workflows. Results, decisions, breaches, actions and supporting artefacts remain linked to the same record, giving authorised users a consistent view of status, risk and accountability.

Designed for Regulated Financial Institutions

ModelMint is designed for banks, non-banking financial companies and other regulated financial institutions. It supports model owners, development teams, independent validators, model risk teams, compliance functions, internal audit, technology administrators and approval committees.

Use cases include enterprise model inventory, risk-based tiering, development and validation governance, approvals and evidence management, performance monitoring, breach and issue tracking, and management or regulatory reporting.

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Let's discuss your needs and how we can support you.

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