MathWorks Modelscape Monitor vs Opik

MathWorks Modelscape Monitor gives financial-services professionals a centralized view of financial model use, performance and status across the model lifecycle. It can display metrics such as data drift and fairness, while users can define custom metrics and visualizations. Teams can build dashboards and deploy them automatically. When monitoring status changes, Modelscape can email model owners, and evaluations include diagnostic views. The documented drift example uses MATLAB’s detectdrift function. Modelscape supports models built in MATLAB, Python, R, SAS and other programming languages. Its API provides HTTP endpoints usable from JavaScript, Java, Python, C++ and other HTTP-supported languages. Organizations contact MathWorks Consulting Services for hosting, then can install the MATLAB support package through Add-On Explorer. Governance logs every user action for audit compliance. MathWorks positions it for regulation-compliant model risk management and names SS 1/23, SR 11-7, OSFI E-23 and ECB TRIM.

Opik helps teams building applications or agents that call an LLM log actions and evaluate behavior across development, testing, and production. It captures and visualizes traces, supports annotation, and provides audit logs. Its evaluation tools include more than 30 metrics for outcomes such as answer relevance, context precision, task completion, and hallucination. In production, Opik can evaluate traces in real time, alert when criteria fail, and track token use and model costs. Test Suites offer pass/fail assertions, an Agent Playground supports end-to-end tests, and a Prompt Optimizer provides six algorithms. Core observability and evaluation features are available as open-source code for local use. Opik includes a REST API and Python client, with Python and TypeScript SDKs listed, and integrations with more than 40 frameworks, model providers, and gateways. Free Cloud allows up to 10 team members, 25,000 spans per month, and 60-day retention. Pro Cloud costs $19 a month and lists up to 50 team members and 100,000 spans monthly.