Case Study: US bank achieves SR 11-7 compliance and doubles model coverage with Evalueserve

US bank - Customer Case Study

The model risk management team in the auto lending division of a US bank faced SR 11-7-driven regulatory pressure to provide comprehensive, quarterly model monitoring across more than 60 credit risk models, but lacked the staffing, documentation, and analytics capacity to do so. Evalueserve was engaged to provide credit risk model monitoring and analytics support, using a dedicated team and SAS-based tools to close governance gaps and streamline reporting.

Evalueserve deployed a senior risk specialist and a dedicated team to stabilize processes, standardize data extraction and validation, clean SAS code, create SOPs, and perform ongoing analytics and reporting for origination, behavioral and Basel (PD, LGD, EAD) models. As a result, Evalueserve more than doubled model coverage to 61 models within one year, improved accuracy and throughput through automation and standardized routines, and delivered faster, clearer responses to senior stakeholders and regulators, enabling effective compliance with SR 11-7.