Glossary
Bank and platform terms used across the screens, in plain words.
For: Everyone · 3 min read
Go to the screen:Policies
Platform terms
- Asset
- Anything published in the catalogue: a model, dataset, prompt, agent or demo.
- Catalogue
- The searchable list of published assets, browsable by division and department.
- Entitlement
- Permission for a person, business unit or application to use one asset, for a purpose, until a date.
- Service account
- The identity an application uses to call the platform. One per application and cost centre.
- Scope
- The right a service account holds to call one asset, e.g. models/lead-priority-scorer:predict.
- Sandbox
- The build environment for trying assets and notebooks on synthetic or masked data.
- Endpoint
- Where a deployed model answers API calls. Shared endpoints are pooled; dedicated ones are reserved for one business unit.
- Chargeback
- Charging a cost centre for the platform usage it caused, monthly.
- Showback
- Showing a cost centre what it would be charged, without journalling it.
- Compute budget
- The monthly amount of platform usage a business unit plans for.
- Operating workflow
- One of the platform's own processes, designed in the Workflow studio.
- Human checkpoint
- A step where a named person must decide before a workflow continues.
- Governance agent
- An agent that runs or prepares the platform's own governance work.
- Data Health Score
- A dataset's score for completeness, freshness, documentation and schema stability.
- Use case
- A business problem proposed for AI, tracked in the use-case pipeline.
- Co-sponsor
- A business unit that backs another unit's use case, signalling shared demand.
Risk and model terms
- Model risk tier
- Tier 1, 2 or 3 by materiality. Decides validation depth and revalidation frequency.
- Independent validation
- Validation by Model Risk Management, separate from the team that built the model.
- Second line
- Risk and compliance functions that oversee the business. Model Risk Management sits here.
- Third line
- Internal Audit, which checks the first and second lines.
- Champion and challenger
- The model in use (champion) and a candidate run alongside it (challenger).
- Drift
- When the data or the model's outputs move away from what it was validated on.
- PSI
- Population stability index: how much a distribution has shifted. Above 0.25 usually triggers a review.
- AUC and Gini
- Measures of how well a scoring model ranks good from bad outcomes.
- Reason codes
- The main factors behind a score, used to explain credit decisions.
- Fairness testing
- Checking a model's outcomes do not disadvantage protected groups.
- Out-of-time sample
- Data from a later period than training, used to test a model honestly.
Bank and regulatory terms
- BU
- Business unit: a division or department that uses or owns assets.
- ETB and NTB
- Existing-to-bank and new-to-bank customers.
- CASA
- Current and savings accounts.
- RM
- Relationship manager.
- CIF
- Customer information file number. Tokenised on the platform.
- MyKad
- The Malaysian identity card. MyKad numbers never appear in clear on the platform.
- SSM
- Companies Commission of Malaysia; SSM profiles are used in business onboarding.
- MSIC
- Malaysia Standard Industrial Classification, the industry code on business accounts.
- DuitNow and IBG
- Real-time and interbank GIRO payment rails.
- STR
- Suspicious transaction report, filed in AML investigations.
- BNM
- Bank Negara Malaysia, the Bank's regulator.
- RMiT
- BNM's policy document on Risk Management in Technology, which covers cloud and outsourcing.
- PDPA
- Personal Data Protection Act 2010, as amended in 2024.
- FSA 2013
- Financial Services Act 2013, which sets banking secrecy.
Read next
Was this helpful?