Compliance documentation¶
DataRobot automates many critical compliance tasks associated with developing a model and, by doing so, decreases time-to-deployment in highly regulated industries. You can generate, for each model, individualized documentation to provide comprehensive guidance on what constitutes effective model risk management. Then, you can download the report as an editable Microsoft Word document (.docx). The generated report includes the appropriate level of information and transparency necessitated by regulatory compliance demands.
The model compliance report is not prescriptive in format and content, but rather serves as a template in creating sufficiently rigorous model development, implementation, and use documentation. The documentation provides evidence to show that the components of the model work as intended, the model is appropriate for its intended business purpose, and it is conceptually sound. As such, the report can help with completing the Federal Reserve System's SR 11-7: Guidance on Model Risk Management.
To generate a compliance report:
- Select a model from the Leaderboard.
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From the Model actions dropdown, select Generate compliance report.
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Workbench prompts for a download location and, once selected, generates the report in the background as you continue experimenting.