Governance and model risk

Ongoing monitoring

Continuing checks that a model or agent is still performing as intended as data, use and conditions change.

Ongoing monitoring is the continuing evaluation of whether a model is performing as intended after it goes into use, as data, products and conditions change. The US agencies' revised model risk guidance treats it as a core part of validation, alongside outcomes analysis, and expects its frequency and scope to fit the model's risk. For agents, monitoring covers action outcomes as well as outputs: payments made, limits reached, approvals requested and errors corrected.

Agent Minute explains this term on 23 November 2026.

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