Best Model Risk Management Software in the UK
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Compare the Top Model Risk Management Software in the UK as of October 2026
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What is Model Risk Management Software in the UK?
Model risk management software is a comprehensive tool designed to help organizations effectively manage and mitigate the potential risks associated with their models. It uses advanced data analytics and modeling techniques to identify and evaluate potential risks, allowing businesses to make more informed decisions. Some model risk management software tools also offer AI model risk management capabilities, which enable users to assess the potential risks posed by artificial intelligence models. With its user-friendly interface and customizable features, this software provides a reliable solution for organizations looking to enhance their overall risk management processes. By utilizing this software, companies can proactively monitor and address any potential risks that may arise from their models, thus minimizing the impact on their business operations. Compare and read user reviews of the best Model Risk Management software in the UK currently available using the table below. This list is updated regularly.
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1
Apparity
Apparity
Apparity helps efficiently manage end user computing (EUC) risk in one powerful platform backed by phenomenal customer support. Apparity is designed to reliably identify, inventory, assess and control the end user applications that support your most critical business processes. This includes spreadsheets, models, databases, programming language scripts, BI tools and more. Our software platform adds enterprise-wide visibility by offering a complete audit of all EUC activity. How do we do this? It’s simple. With accurate file tracking and version control, you’ll be able to effectively manage your EUC inventory and ensure regulatory compliance. After implementation, end users will benefit from enhanced collaboration and increased process automation. -
2
LogicGate Risk Cloud
LogicGate
LogicGate’s leading GRC process automation platform, Risk Cloud™, enables organizations to transform disorganized risk and compliance operations into agile process applications, without writing a single line of code. LogicGate believes that flexible, easy-to-use enterprise technology can change the trajectory of organizations and the lives of their employees. We are dedicated to transforming the way companies manage their governance, risk, and compliance (GRC) programs, so they can manage risk with confidence. LogicGate’s Risk Cloud platform and cloud-based applications, combined with raving fan service and expertly crafted content, enable organizations to transform disorganized risk and compliance operations into agile processes, without writing a single line of code. -
3
Quantivate
Quantivate
Since 2005, Quantivate has been helping organizations efficiently manage their governance, risk, and compliance (GRC) initiatives. Quantivate’s scalable technology and service solutions equip organizations of all sizes to make more strategic decisions, improve performance, and reduce costs. Learn about how Quantivate’s integrated platform can simplify GRC management at quantivate.com. -
4
Datatron
Datatron
Datatron offers tools and features built from scratch, specifically to make machine learning in production work for you. Most teams discover that there’s more to just deploying models, which is already a very manual and time-consuming task. Datatron offers single model governance and management platform for all of your ML, AI, and Data Science models in production. We help you automate, optimize, and accelerate your ML models to ensure that they are running smoothly and efficiently in production. Data Scientists use a variety of frameworks to build the best models. We support anything you’d build a model with ( e.g. TensorFlow, H2O, Scikit-Learn, and SAS ). Explore models built and uploaded by your data science team, all from one centralized repository. Create a scalable model deployment in just a few clicks. Deploy models built using any language or framework. Make better decisions based on your model performance. -
5
Krista
Krista
Krista is a nothing-like-code intelligent automation platform that orchestrates your people, apps, and AI so you can optimize business outcomes. Krista builds and integrates machine learning and apps more simply than you can imagine. Krista is purpose-built to automate business outcomes, not just back-office tasks. Optimizing outcomes requires spanning departments of people & apps, deploying AI/ML for autonomous decision-making, leveraging your existing task automation, and enabling constant change. By digitizing complete processes, Krista delivers organization-wide, bottom-line impact.Krista empowers your people to create and modify automations without programming. Democratizing automation increases business speed and keeps you from waiting in the dreaded IT backlog. Krista dramatically reduces TCO compared to your current automation platform. -
6
Mitratech PolicyHub
Mitratech
Solve daunting policy and procedure challenges with Mitratech's PolicyHub, a policy management platform. Complete and cost effective, PolicyHub has features such as policy management, automated knowledge assessments, audit, and reporting. PolicyHub gives an organization the edge it needs to demonstrate corporate responsibility and defensible compliance program. PolicyHub also enables users to create detailed reporting in real-time and instantly react to investigations or audits. -
7
Protecht ERM
Protecht Group
While others fear risk, we embrace it. With offices in Los Angeles, London and Sydney, Protecht redefines the way people think about risk management. We help companies increase performance and achieve strategic objectives by better understanding, monitoring and managing risk. Protecht provides an integrated platform of risk management, compliance, training and advisory services to businesses that need to manage enterprise risks and regulatory compliance. In North America, Protecht solutions focus on banks, credit unions and financial institutions. With the Protecht ERM platform - no-code, integrated GRC software - you can manage all enterprise risks in a single place: - Dashboard summaries of Key Risk Indicators (KRIs), Key Control Indicators (KCIs), and Key Performance Indicators (KPIs) - Vendor risk (VRM & TPRM) - Cyber, IT, ISMS, and privacy risk - Model & AI risk - BCM - Risk assessments, RCSA, risk registers - Compliance management - Incidents, issues, policies -
8
ClusterSeven
Mitratech
With ClusterSeven Shadow IT Manager, gain control over the hidden spreadsheets and other data assets that put your enterprise at risk. Discover and manage the hidden, sensitive spreadsheets, applications, and data assets that lie outside of IT’s control – and create risk. Now you can easily and efficiently capture and maintain an inventory of the files your organization relies upon and monitor who’s making changes, helping you meet audit and compliance requirements and prevent problems before they impact your enterprise. Classify the risks associated with your newly discovered EUC files and organize them in a centralized database. Once you’ve established the spreadsheets your organization is using, you can carry out a deeper risk analysis on critical files using rules that matter to your business, such as the complexity of a formula or macro, use of sensitive terms in the file like “confidential,” inclusion of unprotected client or personal data, or the presence of hidden worksheets. -
9
Focus
Paragon Business Solutions
Focus is a central tool that improves model governance, transparency, efficiency and effectiveness. Focus ensures you adhere to best practice for regulatory requirements in a controlled, systemic way. Define and adhere to policy and process, with comprehensive records, reporting and remediation to help you stay on track. With easy, controlled access to all models, reports and documents and up to the minute status, tasks and actions dashboards, it also facilitates better prioritization and resource planning in a single practical solution. - Defined data and model dependencies and taxonomy - Centralised model inventory - Model risks reported and remediation plans tracked - Model lifecycle events and workflow management - Full audit trail, tracking and reporting - User configurable reporting and querying - Implementation flexibility -
10
Connected Risk
Empowered Systems
Connected Risk allows your team to achieve all of your governance, risk, and compliance (GRC) needs in one single solution. Built off of our next-generation, low-code/no-code platform, EmpoweredNEXT, Connected Risk’s powerful backbone allows you to expand your solution with practical applications designed specifically around your team’s needs. Holistic and connected risk management is designed to manage your governance, risk, and compliance programs in an integrated lifecycle specifically for your organization. Trusted by top global organizations every day to manage their governance, risk, and compliance needs. Enterprise risk management equips your organization with the tools needed to benefit from both risk and disruption. Regulatory change management enables your compliance team to actively manage change in a connected and structured manner. Model risk management empowers your organization to create and maintain your model inventory using effective workflow management. -
11
Crowe Model Risk Manager
Crowe
Your program is one weak point away from missing critical risks. Risk models are getting more complicated as banks link sophisticated calculations, businesswide models, and model owners. Hazards could be hiding between model disconnects. But organizations don’t have to watch programs fracture. Crowe Model Risk Manager can provide a software platform to link model risk management from beginning to end. Centralized software with real-time visualization makes it easier to manage workflows, track issues, generate reports, and demonstrate compliance. Banks can move past spreadsheets and emails to a connected and comprehensive view. With our software solution, a better understanding of each aspect of your model risk management can become easily accessible and understandable. Model owners can see their responsibilities along with clear next steps and activity monitoring. Banks can set up automated actions and workflows to improve efficiency and keep the program moving. -
12
KPMG Risk Hub
KPMG Australia
Easy, reliable and cost-effective Governance, Risk and Compliance that enables insightful, risk-based decisions and enhanced business performance. KPMG Risk Hub provides a holistic view of risks, integrating information and data across all levels of the business through an interactive, cloud-based technology solution for real-time risk management. In a global alliance with IBM®, KPMG provides this complete managed risk service at a flexible and scalable level that meets your business's unique needs. With its integrated data, effective reporting and powerful analytics, KPMG Risk Hub helps leaders make insightful risk-based decisions to enhance business performance.
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