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One workspace - from partial automation to full efficiency
The EY Model Validation Workspace is an overarching digital solution built on BPM platform for banks and financial institutions. It covers the entire model validation lifecycle — from testing and results assessment to documentation and audit readiness. It replaces manual, fragmented processes with a centralized and transparent workflow.
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Whatever your process, our platform can manage it
One platform to automate, track and elevate your validation process
Developed by EY specialists with extensive experience supporting major banks, the Model Validation Workspace reflects a deep understanding of regulatory requirements and validation practices.
It enables institutions to automate their processes without the need to build or maintain their own solution.
What value does it bring to you?
Key capabilities include:
- Flexible workflows – configure validation steps to match your internal processes.
- Validation scripts execution – run and manage validation tests directly within the platform.
- Test parameter configuration – define and adjust parameters for consistent, comparable testing.
- Year-on-year comparison – track model performance across validation cycles.
- Findings management – centralize findings and follow up on remediation actions.
- Adjustable templates – standardize reporting and documentation formats.
- Automated documentation – generate complete validation reports in minutes.
- ECB reporting – prepare supervisory submissions efficiently and consistently.
And many more.