A major US bank, managing over 250 statistical models, faced the challenge of establishing a robust Model Risk Management Centre of Excellence (CoE). This initiative was crucial for enhancing model governance, ensuring regulatory compliance, and mitigating risks associated with model theory, data inputs, outputs, and overrides. Coforge partnered with the bank to develop and implement a comprehensive model validation approach, powered by SAS, to safeguard operations and minimize potential penalties in the complex banking landscape.