Congratulations to NatWest for Winning the Celent Model Risk Manager Award of the Year

March 21, 2024

https://www.prnewswire.com/news-releases/congratulations-to-natwest-for-winning-the-celent-model-risk-manager-award-of-the-year-302096137.html

UK’s largest business bank won for transforming risk and change governance processes.

LONDON, March 21, 2024 /PRNewswire/ — NatWest Group, the UK’s largest business bank, has been honored with the Celent Model Risk Manager Award of the Year for its successful initiative to simplify and automate change and risk governance processes. This award recognizes the company’s ability to reduce multiple assessment cycle times using patterns of governance. One example being product governance, which has fallen from 4.5 days to less than 20 minutes, marking a key milestone in their ‘moonshot’ goal of reducing cycle time from 73 days to 73 minutes.

Read more at prnewswire.com

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