MODELOPS SOLUTION

Opportunities & Challenges

In recent years, the rapid development of big data, cloud computing, artificial intelligence and other technologies has pushed the model application of commercial banks to a new stage. With the increasing complexity of models, the deepening of application scenarios, and the sharp increase in the number of models, a severe challenge has been posed to the model management mode of "emphasizing development over governance" in the past.

On the other hand, the financial supervision policy has been tightened. In July 2020, the CBRC officially issued the Interim Measures for the Administration of Internet Loans of Commercial Banks, which for the first time clearly described the use of risk models and important content related to model management. Therefore, in order to meet the regulatory compliance requirements, it is necessary to achieve the full life cycle management of the model from the demand initiation, development, launch, continuous monitoring and other stages.


Pain Points
  • Model asset fragmentation

    Model assets lack centralized management, information security assurance, and automated inventory tools. It is difficult to reuse model assets and deposit model assets as important production factors of banks.

  • Inadequate model management automation

    Management steps such as model verification and approval, and engineering operations such as model deployment and launch are less automated, and model management has not formed standardized processes and standardized operations.

  • Incomplete monitoring system

    The lack of unified model monitoring, especially the lack of an indicator system to monitor and evaluate models from the business dimension, makes it difficult for traditional report monitoring methods to meet the dynamic monitoring of the whole life cycle of models and the closed-loop management of models from post evaluation to early warning to processing.

  • Lagging model optimization and iteration

    Since there is no closed-loop system for model launch, monitoring and retraining, this process lacks the support of automated processes, which leads to the continuous decline of model performance and affects business performance.

Introduction

The enterprise's unified AI model management platform based on DataCanvas ModelOps solution can realize the unified management of model assets by interfacing with various different model training frameworks or platforms, realize the configurable model approval process, and apply different approval processes for different types/levels of models.


The platform provides comprehensive model monitoring indicators, and can automatically adapt corresponding model monitoring indicators for different types of models. Through the backflow of the engineering landing model data, the closed-loop of the model monitoring data is realized: the model is automatically iterated, cooperating with the model online monitoring, obtaining the latest training data, and realizing the regular retraining of the model or threshold triggered retraining. The whole process can be automated and the model iteration cycle can be shortened to a greater extent.

Advantages
  • Model life cycle management

    Further expand on the basis of ModelOps, pull through feature management process, model management process, model engineering process and application development process, and truly realize the full life cycle management of models.

  • Unified AI asset management

    Build asset libraries such as features, models, and monitoring indicators, and achieve global control of resources through centralized management of assets. Combined with access permission control, ensure asset security and promote AI asset sharing and reuse.

  • Agile model deployment

    Combined with the model launch process automation, reduce the threshold of model deployment, enhance the continuous delivery capability and other means, improve the response efficiency of model requirements, and achieve rapid iteration of business functions.

  • Closed loop management of model

    The multi-dimensional monitoring of the model is realized through configuration and visualization, including different dimensions such as model operation indicators and model business indicators. Realize closed-loop management from model monitoring, model pre-warning to pre-warning processing.

Values
  • Normative model management

  • Agile continuous delivery

  • Capitalization of model achievements

  • Intelligent monitoring system