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2025 EMEA Model Risk Management Survey

Scaling model risk management to facilitate responsible growth leveraging advanced technology 

During July and September 2025, 136 companies (87 banks and 49 insurers) across Europe, the Middle East and South Africa participated in the 2025 EMEA Model Risk Management (MRM) Survey. Model risk management continues to increase in importance as the adoption of AI and other advanced technologies continues to accelerate for banks and insurers. The increasing risks (e.g., from AI and machine learning) are recognized by prudential regulators and risk practitioners around the world.

This survey contributes to both a systemic and business-specific understanding of model risk, which will help firms to achieve a more mature model risk management framework and ensure responsible use of models.

Is your firm prepared to handle the increasing risks of AI and machine learning? Find out the insights of 136 companies across EMEA in the 2025 Model Risk Management Survey.

Download the reports above.

Adoption of AI/ML modelling techniques has continued to grow compared to 2023.

The reports draw on the valuable contributions of 87 banks and 49 insurers across Europe, the Middle East, and South Africa, providing a detailed view of current model risk management practices and challenges.

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