Yields

In less than a week, we will be happy to meet you at our booth at Center for Financial Professionals (CeFPro) Advanced Model Risk USA Conference in New York! Give a sign in the comments if you are coming. #riskmanagement #ai #fintech #newyork

New York is always exciting in the beginning of March. Yields joining the Center for Financial Professionals (CeFPro) Advanced Model Risk Congress on March 4 & 5 is even more. We can't wait to have our CEO Jos Gheerardyn sharing actionable insights during an inspiring session on the risks in AI and on how to manage AI models. If you are in the area 4 & 5 March, check the program here and meet us in New York: https://lnkd.in/eDfixfrh! #riskmanagement #ai #aimrm #advancedmodelrisk #techconference

📢 PRA’s 2025 Priorities: What It Means for Model Risk Management (MRM) The Bank of England's Prudential Regulation Authority (PRA) has released its 2025 priorities for UK deposit takers, reinforcing expectations around Model Risk Management (MRM). The message is clear: effective model governance is a non-negotiable. 🔍 Key takeaways for MRM: ✅ Enhanced Model Governance: Institutions must demonstrate active senior management oversight of model risk, ensuring alignment with business strategy and risk appetite. This aligns with the PRA’s SS1/23 on MRM, emphasizing accountability at the highest levels. 📊 Validation & Independent Challenge: The PRA stresses the need for robust validation frameworks that provide independent, risk-based testing. Banks should expect scrutiny over how well they assess and mitigate model limitations—especially for high-impact models. ⚠️ AI & Machine Learning Risks: The letter acknowledges increased AI/ML adoption and highlights the need for better risk controls, particularly around explainability and monitoring. The PRA is likely to focus on how firms manage the unique risks posed by AI-driven decision-making. 📉 Stress Testing & Uncertainty Management: With ongoing market volatility, firms must ensure that models used in stress testing and capital planning remain fit-for-purpose, addressing data limitations and scenario uncertainty effectively. 🔄 Integration into Broader Risk Management: MRM cannot operate in isolation. The PRA expects firms to integrate model risk considerations into their wider risk governance frameworks, particularly in credit, market, and liquidity risk management. 💡 What’s Next? Firms should reassess their MRM frameworks against these priorities. Those lagging in implementing SS1/23-compliant model governance will likely face increased scrutiny. At Yields, we help organizations navigate these evolving regulatory landscapes by embedding proactive model risk controls into their workflows. 🚀 How is your organization preparing for the PRA’s 2025 expectations? Let’s discuss in the comments! Read the full letter below: https://lnkd.in/ewS8gjNi #ModelRiskManagement #MRM #PRA #AI #RiskGovernance #BankingRegulation #FinancialRisk

We are very proud to announce Yields is optimizing model monitoring efficiency for central and local teams at BNP Paribas Personal Finance. This enables our client to standardize and scale monitoring activities while remaining compliant with regulatory standards. Our solution fulfills the requirements for collaboration between local entities and the central team of BNP Paribas Personal Finance to ensure that all communications and notifications are now managed within the Yields platform. Throughout the implementation project, BNP Paribas Personal Finance and Yields’ product and customer success teams worked closely together. Discover below how BNP Paribas Personal Finance appreciated the involvement and flexibility of the Yields team as well as the integration of custom features into the product roadmap. #mrm #bnpparibas #riskmanagement #fintech

Yields is excited to invite you to our in-person event Yields Innovate 2025 at Google Brussels  on March 13th 2025. Yields Innovate 2025 gives you the opportunity to learn about the latest trends in Model Risk Management, get inspired through innovative use cases and have insightful discussions with peers. Attendance is open to all, but advance registration is required. Don’t miss out! Discover the program and speakers of the day below and register today. ✅ 👇 #riskmanagement #google #ai #mrm #fintech #events Date: 13 March 2025 Location: Google Brussels

Having our global team together during Yields Team Week is always a great opportunity to: 🎇 Kick off the new year together 🎇 Celebrate past year’s achievements and growth 🎇 Welcome our new team members ...and get aligned on our shared dreams we want to turn into reality for 2025, growing our unique offering in AI risk management in particular. Ready to become part of our team and culture in 2025? https://lnkd.in/eTgWTJ7c #yields #ai #riskmanagement #scaleups #techjobs

It’s a wrap! Having our global team together during Yields Team Week is always a great opportunity to: 🎇 Kick off the new year together 🎇 Celebrate past year’s achievements and growth 🎇 Welcome our new team members ...and get aligned on our shared dreams we want to turn into reality for 2025, growing our unique offering in AI risk management in particular. Discover our career opportunities and become part of our team and culture in 2025: https://lnkd.in/eTgWTJ7c #yields #ai #riskmanagement #scaleups #techjobs

Build a more trustworthy world. Join our team! #fintechjobs #careersinai #mrm #careers

We are thrilled to announce a strategic partnership with Risknowledge SA, a renowned advanced risk methodologies firm founded by Carlo Acerbi, who is a recognized authority in quantitative risk management and financial regulation consulting. We thank Carlo Acerbi and Pierpaolo Rebecchi for making this possible. This collaboration marks a significant milestone in the evolution of model risk management by combining Yields’ cutting-edge technology with Risknowledge’s unique solutions. By integrating the advanced methodologies of Risknowledge with the innovative technology platform of Yields, clients will gain access to a comprehensive solution that ensures their model risk management practices are not only compliant but also at the forefront of industry standards. More info: https://lnkd.in/eQUafXiq #mrm #innovation #riskmanagement #fintech

Guess what? As we connect with the team at our Antwerp offices on Wednesdays, we celebrated last Monday’s local tradition of ‘Verloren Maandag’ (Lost Monday or Lundi Perdu) today. Lost Monday is a local tradition on the first Monday after Epiphany (January 6th) to share delicious sausage rolls and apple dumplings with our team members. Local treats ask for inspiring stories: https://lnkd.in/eui64PTw Cheers to traditions, sharing food and lost mondays! Drop your favorite local food traditions in the comments. 👇 #traditions #teamconnection #office #antwerp