Focus: laser sharp regulatory compliance
Focus is a single tool for the centralised inventory, governance and management of all your models. It helps you to adhere to regulatory requirements such as EU-TRIM, CB UAE MMS/MMG, SR 11-7, SS 1/23 and ensure sound financial reputation management, safe in the knowledge Focus is taking care of the admin.
Best practice governance
The regulatory landscape in lending has been hotting up globally for well over a decade, with regulatory bodies worldwide now demanding strong model risk management.
Focus meticulously manages all model inventory in one place, ensuring you have a firm grip on model standards, validation, monitoring and performance, throughout the model lifecycle.
Efficiency and effectiveness
As with all Paragon software, Focus is highly configurable, with options from where you host it to how you use it. Similarly, its full audit trail, version control and documentation combined with its data taxonomy - that links all data sources and field with models - ensure absolute transparency.
Optimal management
Active model governance with user management, workflows, dashboards and diary management promotes better prioritisation and resource planning, with a complete view of all current statuses, tasks and actions.
Define, log, report
Focus supports the management of the whole model lifecycle for all models. Define your standards and processes, log and store all related documents, decisions, actions and approvals, and record, report and track all recommendations and actions.
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Book a demo
Request a short demo to learn more about Focus.