Risk Review and Audit

Many models fail due to inadequate planning, weak structure and coding errors: Systematic undertakes independent reviews to assist clients with reviewing models to pinpoint weaknesses and significant errors. An independent third party review brings benefits since individuals can miss simple errors and omissions.

Systematic can also carry out a full model audit with detailed line by line checking. Models often benefit from a second opinion and if the models are being used for important decisions, then the application must be as error-free as possible.

Modelling Process

Report

This report analyses a worksheet by cell type and function in order to highlight potential coding errors. This sheet contains errors due to a mixed layout and inconsistent coding which results in output errors. We report on models and suggest any further action.