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For financial institutions

Why ModEx for banks

ModEx delivers verified vendor and model documentation aligned to SR 11-7 (Federal Reserve Board) and FDIC guidance, so exam-ready evidence is the starting point—not the goal. Benchmark models, contact vetted vendor owners, and sandbox before you onboard.

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Purpose-built for regulated banks and credit unions.

Verified evidence for SR 11-7

Receive vendor documentation aligned to Federal Reserve Board SR 11-7 and FDIC model risk expectations—no ad hoc packet chasing.

Benchmark models side by side

Compare model performance, risk tiering, and deployment options in one place before you shortlist.

Direct access to the right people

Loop in vendor risk, security, and model owners immediately—no more hunting for who can answer what.

Sandbox before you onboard

Test models in shared sandboxes with historical data, then move to production once controls are satisfied.

Validation workflow

What a ModEx validation sprint looks like

  1. Shortlist pre-vetted models, attach your SR 11-7 control profile, and invite vendors into the same workspace.
  2. Compare and benchmark options, then test in sandboxes with shared reviewer notes and vendor responses.
  3. Connect directly with vendor risk, security, and model owners to clear findings; move to onboarding once evidence is signed off.
  4. Monitor live models with automated audit packets and change alerts tied to FRB/FDIC-ready evidence.

Bank workspaces

Ready to diligence your next model?

Launch a ModEx workspace to evaluate vendors with verified SR 11-7/FDIC evidence, side-by-side benchmarking, and sandbox testing.