Ethos
Ethos builds an end-to-end platform for model risk management at banks and fintechs, covering the full supervisory lifecycle from model development and documentation through…
Overview
Ethos builds an end-to-end platform for model risk management at banks and fintechs, covering the full supervisory lifecycle from model development and documentation through validation, reporting and governance. It gives institutions real-time visibility and automation across their whole model inventory, and is designed to handle both conventional statistical models and newer machine learning and generative systems, which is the gap most existing frameworks have: institutions have deployed machine learning faster than their model risk functions could absorb it, and model governance is now a primary focus for United States banking examiners. The company positions itself against the decisions models actually drive at financial institutions, spanning lending, loss forecasting, fraud detection and anti money laundering. Founded in 2023 and backed by two financial services specialist funds alongside a major bank's venture arm.
Details
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