Chartis: The Risk Enabled Enterprise® Model Risk Management

The Risk Enabled Enterprise^® is a two-year research initiative from Chartis, in collaboration with IBM, that looks at the enablers of enterprise risk management (ERM). Our research identified four strategic initiatives that firms can use to become “risk-enabled” across organizational structure and process, people and culture, and data and systems. This report, covering model risk management, is the first of four to examine these initiatives and identify best practice practical implementation.