Case Study: TD Bank achieves comprehensive model governance and regulatory compliance with SAS Model Risk Management

TD Bank masters model governance using SAS® Model Risk Management

TD Bank, one of the 20 largest banks with $745 billion in assets, needed to bring order to its model inventory and satisfy regulators. The US Model Risk Operations team found that model information was scattered, with roughly 500 US models tracked only in lists and many business groups lacking oversight—creating compliance exposure and limited visibility into model risk.

TD Bank implemented SAS Model Risk Management to create a single, flexible source of truth with model registration, attestation workflows and cross‑functional collaboration across owners, developers and auditors. The platform improved governance and regulatory readiness (regulators left with no further questions), established the MRM team as the system of record, increased business engagement, and set the stage for a global archive and expanded model oversight.

TD Bank

Robert Rapacciuolo

US Model Risk Operations Manager