Risk management services have become a crucial part of the testing process for models to prevent decisions based on incorrect models from leading to adverse outcomes. Supervision and monitoring of model risks have been on the rise ever since the financial crisis, and banks all over the world understand how crucial proper risk management is to comply with regulations. Flatworld Solutions is a professional model risk management service providing company that offers complete solutions to meet your requirements to support you in making calculated decisions based on useful risk management insights.
With extensive experience in the industry, Flatworld Solutions brings you tried and tested model risk management frameworks that result in enhanced asset and capital management. Our team works as an extension to yours to assist you in the risk management process, guaranteeing excellent outcomes.
Model Risk Management Services We Offer
Flatworld Solutions is an expert model risk management company that offers all-round solutions that cater to your every need. We collaborate with corporations that are small, medium, as well as large-sized with requirements of varying complexities, leveraging the latest technologies to save you from the hassle of running accounting overload. Following are the solutions that we offer as a part of our services -
Model Development
Our team of experts plans and implement the best strategies for building and testing economic and advanced statistical models as well as techniques on AI and machine learning. We can also help you analyze how efficient the current models are by developing benchmark models and testing the current models against them.
Model Analysis
We also provide services that encapsulate model analysis. This involves validating the 5 basic elements of a model, which are hypotheses, principles, algorithm, datasets, and conclusion. Our team of model risk managers also undertake the stress testing procedure of the model while complying with the advice and risk appetite regulations.
Model Optimization
It is also crucial to check for flaws and inconsistencies in the current models to make improvements wherever they are needed. Our team of experts at Flatworld Solutions can help you with that by recalibrating models by performing assessments on various levels.
Automation
Our team can assist you in the automation of various routine processes that include validation and review procedures like sensitivity analysis, stability of the parameter, and back-testing— all with immense precision and accuracy.
Documentation
We analyze and document the components of the model while also documenting the assumptions and other details using the best practices. Having the professional edge to carry out model documentation while adhering to various regulations, you can count on us to follow the best practices as a part of our management framework.
Why Choose FWS For Risk Management Services?
Flatworld Solutions offers a range of benefits when you outsource risk management services to us. While our services characterize top-notch solutions and attention to every detail through the process, the following are a range of other advantages of collaborating with us -
We give you the most reasonable estimate for our services after analyzing your requirements.
We have access to all the tools and technologies and a well-established, modern infrastructure to help us offer flawless risk management services.
We are an ISO: 9001: 2015 certified company, which means our methodologies and practices comply with the international quality standards.
Any data that you share is completely safe and confidential with us as we prioritize data security.
You can get in touch with our customer support team for your queries and expect a prompt response.
Other Services You Can Benefit From
Outsource Model Risk Management Services To Flatworld Solutions
Flatworld Solutions is an expert model risk management service provider and adept at offering other accounting and finance services. Having worked with clients with small and big enterprises, we have gathered rich insights into the management processes that help us offer you infallible solutions. We maintain complete transparency and help you make the best financial decisions with our services.
Contact us now for quality risk management services at affordable rates.
Our Customers
Philippines Finance and Accounting Services
Hire experienced and talented Filipino finance & accounting professionals & for your business
USA
Flatworld Solutions
116 Village Blvd, Suite 200, Princeton, NJ 08540
PHILIPPINES
Aeon Towers, J.P. Laurel Avenue, Bajada, Davao 8000
KSS Building, Buhangin Road Cor Olive Street, Davao City 8000