13 Model and AI Risk Management (MARM)

The Oracle Financial Services Model and AI Risk Management (MARM) platform provides a robust, end-to-end framework for governing the lifecycle of models such as Machine Learning (ML) and statistical models.

This guide provides instructions for Modelers, Validators, and Risk Managers to navigate the system, ensure regulatory compliance (SR 11-7, SR 15-18), and mitigate model-related risks.

Key Capabilities

• Model Dashboard: A KPI driven central command center for model risk oversight, providing real-time visibility into the organization’s model risk.
• Centralized Model Inventory: A single source of truth for all enterprise models.
• Multi-Stage Validation: Structured workflows for technical and conceptual assessments.
• Automated Monitoring: Real-time drift detection and performance back-testing.
• Findings Management: End-to-end tracking of model deficiencies and remediation.