{"revision":"c10276e953456835cdbb1f3a60d58ae1980be353","document":{"id":17666,"path":"governance-risk-compliance/new-model-intake-form.md","title":"New Model Intake form","bundle":null,"doc_type":null,"release":"australia","body":"\n# New Model Intake form\n\nUse the New Model Intake form to request a new model by providing details such as the purpose, owner, model complexity, and expected outputs.\n\nSee the following table for a description of the field values.\n\n<table id=\"table_l35_zwl_kkb\"><thead><tr><th>\n\nField\n\n</th><th>\n\nDescription\n\n</th></tr></thead><tbody><tr><td>\n\nWhat is the name of the model?\n\n</td><td>\n\nUnique name of the model that reflects its purpose and functionality. For example, `VaR-Cashflow Forecasting Model`.\n\n</td></tr><tr><td>\n\nCan you provide a brief description of the model's functionality?\n\n</td><td>\n\nBrief summary explaining what the model does and how it functions. For example, `This model calculates market risk exposure using pricing models, value at risk, and projected cash flows based on market data inputs.`\n\n</td></tr><tr><td>\n\nWhat is the purpose of this model?\n\n</td><td>\n\nSpecific business objective or problem the model is designed to address.\n\n</td></tr><tr><td>\n\nWho is the model owner?\n\n</td><td>\n\nIndividual accountable for the model’s oversight and performance.\n\n</td></tr><tr><td>\n\nWho is the model developer?\n\n</td><td>\n\nIndividual responsible for designing and building the model.\n\n</td></tr><tr><td>\n\nWhat type of model is this?\n\n</td><td>\n\nClassification of the model, such as statistical, machine learning, or rule-based. The options are as follows:-   Statistical Model\n-   AI Model\n\n</td></tr><tr><td>\n\nIs this model sourced from a third-party provider?\n\n</td><td>\n\nOption to indicate whether the model has been obtained from an external vendor or service provider.\n\n</td></tr><tr><td>\n\nWhat category does the model fall under?\n\n</td><td>\n\nInternal classification based on the model’s use case. The options are as follows:-   **Retail**: Models designed for individual customer products or services, such as personal loans, credit cards, or consumer risk assessment.\n-   **Corporate**: Models used for business or institutional clients, typically involving larger exposures or complex financial products.\n\n</td></tr><tr><td>\n\nWhat data will be used as inputs for this model?\n\n</td><td>\n\nDetails about the data sources or datasets the model uses.\n\n</td></tr><tr><td>\n\nWhat is the expected output of the model?\n\n</td><td>\n\nResult or prediction generated by the model based on input data. For example, Value at Risk \\(VaR\\) or projected cash flows.\n\n</td></tr><tr><td>\n\nWhat is the anticipated level of model complexity?\n\n</td><td>\n\nEstimated level of model complexity. The options are as follows:-   Simple\n-   Moderate\n-   Complex\n\n</td></tr></tbody>\n</table>**Note:** The fields shown in the intake form are sample basic fields. You can configure additional fields and update choice values as needed to meet your specific requirements.\n\n**Parent Topic:**[Request a new model](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/governance-risk-compliance/request-new-model.md)\n\n"}}