Sells a configurable model-risk-management and AI-governance platform to banks, insurers and other regulated firms, with most named customers in Europe, and since 2023 has been expanding in the United States.
What is Yields, and which banks use it?
Yields is a Belgian company founded in 2017 by Jos Gheerardyn and Sébastien Viguié that sells model-risk-management and AI-governance software: model inventory, risk tiering, workflow, documentation, validation and monitoring. It is private, backed by G+D Ventures, Pamica and Volta Ventures. None of our 100 banks is named as a customer in a source beyond a logo; its named users include BNP Paribas Personal Finance, Novobanco and America First Credit Union. Pricing is not published. It has published an SR 26-2 mapping of its platform.
Category
Founded
2017
Headquarters
Ghent, Belgium
Ownership
Private, venture-backed; a €1.25 million seed round led by Volta Ventures with Pamica (Michel Akkermans) in January 2018, and a €4.8 million round led by Giesecke+Devrient Ventures with Pamica and Volta Ventures in June 2023. No valuation is published.[10][11]
Deployment
SaaS (optional EU hosting on IBM Cloud for Financial Services) or on-premises
Pricing
Enterprise platform licence, modular and sales-led. · not published
Banks among the 100
0
- Founded in 2017 by Jos Gheerardyn (CEO) and Sébastien Viguié; offices in Ghent and London as of 2023, when it said it was expanding in the United States.
- Raised a €1.25 million seed round led by Volta Ventures (January 2018) and €4.8 million led by Giesecke+Devrient Ventures (June 2023); Michel Akkermans, founder of FICS and Clear2Pay, is executive chairman.
- Named case studies are mostly European: BNP Paribas Personal Finance (model monitoring across 20+ entities), Novobanco (model inventory and EU AI Act readiness) and an unnamed London G-SIB (on-premises validation automation); its one US case study is America First Credit Union (2023).
- Its customer page shows HSBC, BNP Paribas, Euroclear and Banco do Brasil logos; no Yields source we found describes work for HSBC's US bank.
- Published an SR 26-2 page and article (April 2026) mapping the guidance to configurable tiering, a relational dependency graph for aggregate risk, exception workflows, effective-challenge tracking and black-box testing of vendor models, and noting that generative and agentic AI fall outside SR 26-2's scope.
- Holds ISO/IEC 27001 certification and offers optional EU hosting on IBM Cloud for Financial Services; in July 2026 won Flemish (VLAIO) funding to build a risk-management agent on its platform.
What does Yields sell to banks?
| Product | What it does | Status |
|---|---|---|
| Yields Model Risk Management Software (MRM Suite)[4][13] | Central inventory, risk assessment and tiering, lifecycle overview, workflow engine, automated documentation and validation reports, and ongoing monitoring. | Generally available |
| Yields AI Governance Software[5][6] | AI use-case discovery and inventory, risk scoring and tiering, documentation and evidence, aimed at EU AI Act compliance. | Generally available |
| Yields MCP Server[9] | Conversational access to the model inventory, findings and tasks in the Yields platform through the Model Context Protocol. | Generally available |
| Risk management agent[17] | Agent that turns governance policies into guided tasks inside the Yields platform, with mandatory approvals kept; being built with VLAIO funding as of July 2026. | Announced |
How much does Yields cost?
How it is charged: Enterprise platform licence, modular and sales-led..
Yields does not publish a price list.
Pricing is not published. Yields has no public pricing page and directs buyers to request a demo; its platform is sold in modules (for example America First Credit Union started with the Model Catalog and Workflow Engine).
Which banks use Yields?
None of the 100 largest US banks covered on this site is publicly named as a Yields customer as of Sep 24, 2026. Customers the company names are listed in the key points above.
Among the 100 largest US banks on this site, from sources that name the bank: the bank, Yields or the press. Status is the furthest stage a source confirms.
What is Yields MRM Suite?
Modules for a relational model inventory, risk assessment and tiering, lifecycle overview, a no-code workflow engine, automated documentation and validation reports, and ongoing monitoring of performance, stability and data quality; an AI governance module covers AI use-case inventory and EU AI Act tiering.[4][13][6]
What has Yields done, and when?
- Jul 16, 2026
VLAIO funding for a risk-management agent[17]
Yields wins funding from VLAIO, the Flemish innovation agency, to build a governance agent connected to its platform.
- Apr 23, 2026
SR 26-2 analysis published[16]
Yields publishes an analysis of seven shifts SR 26-2 makes for MRM technology and maps its platform to them.
- Feb 28, 2026
Novobanco case study[15]
Yields publishes a case study of Novobanco centralizing model documentation and inventory and preparing for the EU AI Act on its platform.
- Jan 2, 2025
BNP Paribas Personal Finance case study[14]
Yields describes BNP Paribas Personal Finance running periodic model-monitoring campaigns across its local entities on the Yields platform.
- Sep 20, 2023
America First Credit Union case study[13]
Yields says America First Credit Union selected its MRM Suite, starting with the Model Catalog and Workflow Engine, implemented within weeks.
- Sep 3, 2023
G-SIB validation case study[12]
Yields publishes a case study of a London-based G-SIB that deployed its software on-premises to automate model validation (vendor-reported productivity gains, no figures).
- Jun 19, 2023
€4.8 million round led by G+D Ventures[11]
Giesecke+Devrient Ventures leads a €4.8 million round with Pamica and Volta Ventures; Yields says it will focus expansion on the United States.
- Jan 9, 2018
€1.25 million seed round[10]
Volta Ventures leads a €1.25 million seed round with Pamica; Volta Ventures and Michel Akkermans join the board.
- Jan 1, 2017
Company founded[1]
Jos Gheerardyn and Sébastien Viguié found Yields in 2017 (exact date not disclosed) after careers in banking and quantitative finance.
What do banks use Yields for?
| Use | What it does | Status | Use case |
|---|---|---|---|
| Model inventory, validation workflow and monitoring[14][15][13][3] | Inventory, tiering, validation workflows, findings and periodic monitoring campaigns for credit-scoring and other bank models. | In production | Model risk management |
| Black-box testing of vendor models[7] | Yields says it supports outcomes analysis that benchmarks vendor model outputs against internal challenger models or real data, as SR 26-2 expects. | Announced | Third-party & vendor AI |
| AI use-case inventory and EU AI Act tiering[6][15] | Discovery campaigns to inventory AI use cases, risk scoring and documentation mapped to the EU AI Act; Novobanco uses it for AI Act readiness. | In production | AI governance (general) |
| Governing AI outside SR 26-2's scope[7] | A 'multi-governance' inventory that tracks generative and agentic AI on separate validation paths alongside in-scope models. | Announced | Generative & agentic AI |
What has Yields disclosed in numbers?
| Metric | Value | As of |
|---|---|---|
| Seed round | €1.25 million[10] | Jan 9, 2018 |
| 2023 funding round (G+D Ventures lead) | €4.8 million[11] | Jun 19, 2023 |
| BNP Paribas Personal Finance entities covered by monitoring campaigns (vendor-reported) | 20+[14] | Jan 2, 2025 |
| ISO/IEC 27001 certification held (vendor-reported) | over four years[8] | Sep 24, 2026 |
“The process of model testing is currently very manual.”[10]
Jos Gheerardyn · Co-founder and CEO, Yields · Jan 9, 2018
“In an environment that is still dominated by consulting companies offering manual outsourcing solutions, our investment will allow Yields to accelerate its product development to better address the needs of financial institutions.”[10]
Michel Akkermans · Co-investor (Pamica); now Executive Chairman, Yields · Jan 9, 2018
Who runs Yields?
Which rules apply to a bank using Yields?
| Authority | Why it matters here | Documents |
|---|---|---|
| Federal Reserve | Yields maps its platform to SR 26-2: configurable materiality tiering, aggregate risk through a model dependency graph, exception workflows for pre-validation use, effective-challenge audit trails and black-box testing of vendor models. | SR 26-2 |
| OCC | An OCC-supervised bank using Yields as its MRM system of record must evidence OCC 2026-13 expectations through it and manage Yields, a Belgian vendor, under third-party risk guidance. | OCC Bulletin 2026-13 OCC Bulletin 2023-17 |
| EU AI Act | Yields sells AI inventory, risk tiering and documentation for the EU AI Act, which names credit scoring as high-risk; relevant to a US bank with EU operations or AI outputs used in the Union. | Regulation (EU) 2024/1689 |
Linked authorities have a page in the AI Regulation Tracker; the others are named for completeness.
What should a bank note before buying Yields?
Analysis by BankingNewsAI from the sources cited on this page. Observations, not advice or a recommendation.
01
Named bank references are European
Yields' detailed case studies name BNP Paribas Personal Finance and Novobanco; its US reference is a credit union, and HSBC appears only as a logo, so none of our 100 banks has a checkable Yields relationship.
02
SR 26-2 mapping is published
Yields has a dedicated SR 26-2 page and an April 2026 article describing how its configurable tiering, dependency graph and exception workflows map to the new guidance.
03
Smaller vendor, EU-headquartered
Yields has announced about €6 million in funding and is based in Belgium; a US bank's third-party due diligence would cover data location (optional EU hosting on IBM Cloud) and support coverage.
04
Pricing is not published
There is no pricing page; the platform is sold in modules through a sales process.
05
Case-study results are qualitative
Yields' case studies describe productivity and efficiency gains without measured figures.
What are the alternatives to Yields?
ValidMind
Model inventory, validation and documentation automation, monitoring and AI governance for banks; agent controls in early access.
Credo AI
AI governance SaaS: registry of AI use cases, agents and vendors, policy packs (EU AI Act, NIST AI RMF, ISO 42001), agent controls.
SAS Model Risk Management
SAS module for model inventory, validation workflow, findings, monitoring and model-risk reporting, on the SAS Viya platform.
Monitaur
AI governance SaaS: inventory, common controls, vendor governance, drift and bias monitoring, and FlightSim black-box AI testing.
How much does Yields cost?
Yields does not publish pricing and has no public pricing page; buyers request a demo and quote. The platform is modular -- America First Credit Union, for example, began with the Model Catalog and Workflow Engine -- so cost depends on the modules, deployment (SaaS, optional EU hosting on IBM Cloud, or on-premises) and scale.
Which banks use Yields?
None of the 100 largest US banks tracked on this site is named as a Yields customer in a case study or release. Yields' named users include BNP Paribas Personal Finance, Novobanco and America First Credit Union, plus an unnamed London G-SIB; HSBC, Euroclear and Banco do Brasil appear as logos on its customer page without further detail.
Who owns Yields?
Yields is a private Belgian company founded in 2017 by Jos Gheerardyn and Sébastien Viguié. Its investors are Volta Ventures, which led a €1.25 million seed round in 2018, Giesecke+Devrient Ventures, which led a €4.8 million round in 2023, and Pamica, the investment company of executive chairman Michel Akkermans. No valuation is published.
Does Yields support SR 26-2?
Yields published an SR 26-2 page and an April 2026 article that map its platform to the guidance: configurable materiality-based tiering, a relational inventory for aggregate model risk, exception workflows for models used before validation, audit trails of effective challenge, and black-box outcomes testing for vendor models. It also notes SR 26-2 excludes generative and agentic AI.
Yields vs ValidMind?
Both sell model-risk-management platforms with inventory, validation and documentation automation and both have published SR 26-2 material. Yields is Belgian, founded in 2017, with mainly European bank references and an on-premises option; ValidMind is a Palo Alto company founded in 2022, sold directly and through Experian. Neither publishes prices or names one of our 100 banks.
- Our Company (undated page, retrieved 2026-09-24)
- Our team (undated page, retrieved 2026-09-24)
- Customer Stories (undated page, retrieved 2026-09-24)
- Model Risk Management Software (undated page, retrieved 2026-09-24)
- AI Governance Software (undated page, retrieved 2026-09-24)
- EU AI Act Compliance Software for Financial Institutions (undated page, retrieved 2026-09-24)
- SR 26-2 Model Risk Management Software for Banks (undated page, retrieved 2026-09-24)
- Trust Center (undated page, retrieved 2026-09-24)
- Yields MCP Server (undated page, retrieved 2026-09-24)
- Yields Raises €1.25M in Seed Funding
- Yields raises €4.8M to accelerate the adoption of its model risk management platform
- Automating Model Validation at a Tier 1 Bank
- America First Credit Union: Scaling model risk management
- BNP Paribas Personal Finance case study with Yields
- Novobanco and Yields: Transforming Model Risk Management for the AI Era
- Navigating SR 26-2: 7 Key Shift in MRM
- Yields wins VLAIO funding to build a risk management agent.
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