MathWorks Modelscape Monitor gives financial-services teams a centralized view of model use, performance, and status throughout the model lifecycle. It tracks financial model health and can display metrics such as data drift and fairness. Teams can configure custom metrics and visualizations, then build dashboards for automatic deployment. When a model’s monitoring status changes, the service can email its owners. Monitoring evaluations include diagnostic views; the documented drift example uses MATLAB’s detectdrift function. The product supports models built in MATLAB, Python, R, SAS, and other programming languages. Its API offers HTTP endpoints for application developers using JavaScript or HTTP-supported languages such as Java, Python, and C++. Organizations contact MathWorks Consulting Services to host Modelscape, and can install the Modelscape for MATLAB support package through Add-On Explorer. MathWorks describes the product as designed for regulation-compliant model risk management, naming SS 1/23, SR 11-7, OSFI E-23, and ECB TRIM. Modelscape Governance logs every user action to support audit compliance. The platform options are web, API, and self-hosted. Pricing is on request.
Who it is for
Modelscape Monitor suits financial-services professionals involved in developing and deploying models who need a central view of model health and performance. It is also relevant to organizations addressing the named model risk management frameworks or using models built in MATLAB, Python, R, SAS, and other languages.
What is good
- Tracks model use, performance, and status across the lifecycle.
- Displays data drift and fairness metrics.
- Supports custom metrics, visualizations, and automatically deployed dashboards.
- Can email model owners when monitoring status changes.
- Supports models built in MATLAB, Python, R, SAS, and other languages.
- Modelscape Governance logs every user action for audit compliance.
What to know first
- Pricing is on request.
- Hosting requires contacting MathWorks Consulting Services.
- Email is the stated alert channel.
Verdict
Choose Modelscape Monitor if your financial-services team needs lifecycle monitoring, configurable dashboards, and model status alerts. Its support for several model languages and named regulatory frameworks may suit organizations managing diverse models. Contact MathWorks for hosting and a quote before proceeding.
Get started with MathWorks Modelscape Monitor
- Contact MathWorks Consulting Services to host Modelscape.
- Install the Modelscape for MATLAB support package through Add-On Explorer.
- Use the web platform or Modelscape API; the API offers HTTP endpoints for application developers.
- Contact MathWorks Sales for a quote and pricing.
Questions about MathWorks Modelscape Monitor
How is Modelscape Monitor priced?
Pricing is on request. MathWorks directs customers to Sales for quotes and pricing.
Which deployment options are available?
The listed options are web, API, and self-hosted. Hosting Modelscape requires contacting MathWorks Consulting Services.
Which model languages does it support?
It supports models built in MATLAB, Python, R, SAS, and other programming languages.
What monitoring capabilities does it provide?
It can display data drift and fairness metrics, and users can configure custom metrics and visualizations. Monitoring evaluations include diagnostic views, and model owners can receive email alerts when monitoring status changes.
Which regulatory frameworks does MathWorks name?
MathWorks identifies SS 1/23, SR 11-7, OSFI E-23, and ECB TRIM as frameworks addressed by Modelscape.
How can application developers connect to Modelscape?
The Modelscape API provides HTTP endpoints for JavaScript and HTTP-supported languages such as Java, Python, and C++.
MathWorks Modelscape Monitor plans and pricing
All plansCompared on machine learning model monitoring software
- Drift monitoring
- Yes
- Model performance metrics
- Yes
- Bias monitoring
- Yes
- Alert channels
- Deployment options
- self-hosted
