Set up your organization
This task involves managing organizations within ValidMind, allowing for effective business unit control.
Prerequisites
To perform these steps, you must be a group administrator or a superuser.
Business units
A business unit is a distinct segment within an organization that focuses on a specific function, product, or market, operating semi-independently while aligning with the overall organizational goals.
Add business units
Click Settings.
Select Organization under Workspace Settings.
Type the new business unit name in the dialog box under Business Units, then click + Add to confirm.
Edit business units
Click Settings.
Select Organization under Workspace Settings.
Hover over the business unit to:
- Click to rename the business unit. Click to save your changes, or to discard them.
- Click to remove the business unit.
In order to delete a business unit, there must be no models attached to that unit.
Risk areas
A risk area is a specific domain within an organization that requires monitoring and management to ensure factors like data quality, model performance, and regulatory compliance are addressed effectively.
Add risk areas
Click Settings.
Select Organization under Workspace Settings.
Click + Add at the Risk Areas sidebar menu.
Fill in the risk title and description and click + Add Risk Area to confirm.
Remove risk areas
Click Settings.
Select Organization under Workspace Settings.
Hover over the risk area to:
- Click the trash icon to delete the risk area.
Use cases
A use case is a specific application of analytics and management techniques within an organization, such as attrition management, call routing, and regulatory compliance processes like BSA/AML, CCAR, and CECL.
Add use cases
Click Settings.
Select Organization under Workspace Settings.
Click + Add at the Use Cases sidebar menu.
Fill in the use case title and description and click + Add Use Case to confirm.
Remove use cases
Click Settings.
Select Organization under Workspace Settings.
Hover over the use case to:
- Click the trash icon to delete the use case.