SR 11-7 sets expectations for sound model risk management (MRM): strong governance, effective challenge, validation, and ongoing monitoring. Especially when model outputs drive material decisions.

Even mature MRM programs can struggle with models that rely on EUCs due to challenges including formality (such as being spreadsheet based), inventories not capturing all references and dependencies, and lack of change history and ownership.

How Incisive supports ST 11-7 aligned MRM practices:

• Model/EUC inventory support: Build an inventory of all assets that influence models, with ownership, reference tracing, and purpose.
• Risk ranking: Classify assets by complexity, usage, and business impact.
• Continuous monitoring: Detect and document changes to critical assets to support monitoring and governance expectations. 

Incisive transforms the opaque world of EUC into a transparent, governed ecosystem that meets every pillar of SR 11‑7. By automatically inventorying all relevant assets, assigning risk‑based rankings, and delivering change‑tracking with continuous monitoring, the platform supplies the documentation, challenge mechanisms, and workflows that regulators and risk committees demand.