Feature Announcement: Document Checker for Regulatory Compliance
Model validation teams spend up to 60% of their time on documentation issues that could have been caught earlier. Now, AI is changing that. With ValidMind’s newly enhanced Document Checker, financial institutions can identify and fix model documentation gaps before they become validation roadblocks — turning what was once a bottleneck into a competitive advantage.
This powerful enhancement lets users select an applicable regulation, view a curated checklist of review questions, and run a comprehensive, AI-powered analysis against model documentation for quality and completeness. Whether authoring directly in ValidMind or uploading a PDF, users can assess documentation against regulatory expectations and identify gaps at the individual question level. Each flagged finding includes rationale, references specific evidence from the documentation, and maps directly to the relevant regulatory requirement — ensuring transparency and traceability throughout the review. This empowers model developers to remediate issues proactively before formal reviews.
As the first agentic feature in ValidMind, the Document Checker is designed to augment expert judgement, not replace it. It acts as a comprehensive first-pass reviewer, surfacing potential gaps and guiding model developers through complex regulatory expectations. Unlike basic checklist tools, it mirrors the approach of experienced validators by understanding context, applying logic specific to each regulation, and adapting its review based on the model type and use case. While nuanced interpretations of regulation still require human oversight, the Document Checker ensures that no requirement is overlooked, enabling teams to move faster and with greater confidence.
The tool currently supports supervisory frameworks, including the U.S. Federal Reserve’s SR 11-7, the UK’s PRA SS1/23, and Canada’s OSFI E-23. With upcoming support for the EU AI Act, coverage will soon span even more global jurisdictions.
In model risk management, documentation is more than a formality. It is the foundation of transparency, accountability, and effective challenge. Without clear, complete, and regulation-aligned documentation, even well-built models face roadblocks. The Document Checker brings structure and confidence to this critical step in the model lifecycle. This reduces time-consuming back-and-forth between first and second lines of defense, compresses validation timelines, and promotes submission of higher-quality documentation from the start.
Coming soon, users will also be able to upload custom policies and regulations, provide their own question sets, or curate and edit auto-generated questions for even more tailored compliance workflows.
ValidMind’s Document Checker transforms compliance into a proactive, intelligent process — raising the bar for documentation quality and empowering organizations for regulatory readiness.
