Model Risk Directory emblemModel Risk Directory
Founded 2022

ValidMind, Inc.

Palo Alto, California, United States

ValidMind is a purpose-built model risk management platform for banks that standardizes model documentation, testing, and validation across a model portfolio, with an automated test library and built-in reporting templates aligned to frameworks such as SR 11-7/SR 26-2.

Last updated: Last reviewed by: Model Risk Directory editorial teamEvidence checked: Next evidence review:
Headquarters
Palo Alto, California, United States
Founded
2022
Website
validmind.com/solutions/banking/

Notable facts

  • ValidMind's platform includes an automated library of over 200 pre-configured tests spanning feature correlation, population stability, data drift, and outlier detection, per ValidMind's own product materials.
  • ValidMind was founded in March 2022 and is headquartered in Palo Alto, California.
  • ValidMind announced a strategic partnership with Genpact on March 25, 2025 to jointly offer Model Risk Management as a Service (MRMaaS) to financial institutions.

Service categories

Model Risk Management Software

Pricing

Pricing not publicly disclosed on the vendor's site. Typical for B2B model risk management engagements, which are usually quoted per scope.

Case study

ValidMind's 2026 product brief includes an anonymized Fortune 500 bank case describing a proof-of-value with more than 50 participants across three lines of defense and evaluation of 38 multi-step scenarios for MRM and AI governance. Read the case study →

Sources. This profile is compiled from public reference data, WebSearch-verified againstsource 1 · source 2 · source 3. Data as of 2026-07. See methodology.

Sourcing a firm in this category today? We connect model risk, quantitative, and internal audit teams with qualified model risk management firms.

Request firms

Related vendors

CL

Crowe LLP

  • United States
  • Founded 1942
  • Chicago, Illinois
View profile →
DI

DataRobot, Inc.

  • United States
  • Founded 2012
  • Boston, Massachusetts
View profile →
DT

Datatron Technologies, Inc.

  • United States
  • Founded 2016
  • San Francisco, California
View profile →
IC

IBM Corporation

  • United States
  • Founded 1911
  • Armonk, New York
View profile →

Related content

GuideModel Risk Management SoftwareModel risk management software centralizes a bank's model inventory, tracks validation status and lifecycle events, and automates governance workflows like tiering, revalidation scheduling, and audit-trail documentation. It replaces manual spreadsheet tracking, which becomes unmanageable once an institution has more than a handful of tiered models.FrameworkSR 11-7SR 11-7 was the Federal Reserve's foundational 2011 guidance on model risk management, covering model development, implementation, use, validation, and governance. It was formally rescinded on April 17, 2026 and replaced by SR 26-2, though SR 11-7's core principles, including effective challenge and independent validation, carried forward into the new guidance.FrameworkSR 26-2SR 26-2, issued jointly by the Federal Reserve, OCC, and FDIC on April 17, 2026, is the current US interagency guidance on model risk management. It supersedes SR 11-7 (2011) and SR 21-8 (2021), preserving core disciplines like effective challenge and independent validation while shifting to a risk-based approach tailored to an institution's model risk profile, size, and complexity.