# Yields for banks: pricing, customers, review

Source: https://www.bankingnewsai.com/vendors/yields-io
Last updated: Sep 24, 2026

*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.

## At a glance

| Field | Value |
| --- | --- |
| Category | [Model risk and AI governance](https://www.bankingnewsai.com/ai-tools/model-risk-governance) |
| 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. ([Yields](https://www.yields.io/insights/yields-io-raises-seed-funding), [Yields](https://www.yields.io/insights/yields-raises-e4-8m-in-a-funding-round)) |
| Ticker | private |
| Deployment | SaaS (optional EU hosting on IBM Cloud for Financial Services) or on-premises |
| Pricing model | Enterprise platform licence, modular and sales-led. |
| Banks among the 100 largest US banks | 0 |

## Products

| Product | What it does | Status | Sources |
| --- | --- | --- | --- |
| Yields Model Risk Management Software (MRM Suite) | Central inventory, risk assessment and tiering, lifecycle overview, workflow engine, automated documentation and validation reports, and ongoing monitoring. | Generally available | [Yields](https://www.yields.io/solutions/model-risk-management-software), [Yields (vendor case study)](https://www.yields.io/insights/america-first-credit-union) |
| Yields AI Governance Software | AI use-case discovery and inventory, risk scoring and tiering, documentation and evidence, aimed at EU AI Act compliance. | Generally available | [Yields](https://www.yields.io/solutions/ai-governance-software), [Yields](https://www.yields.io/framework/eu-ai-act) |
| Yields MCP Server | Conversational access to the model inventory, findings and tasks in the Yields platform through the Model Context Protocol. | Generally available | [Yields](https://www.yields.io/product-features/mcp-server) |
| Risk management agent | 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 | [Yields](https://www.yields.io/insights/yields-wins-vlaio-funding-to-build-a-risk-management-agent) |

## 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.

## Flagship platform: 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. ([Yields](https://www.yields.io/solutions/model-risk-management-software), [Yields (vendor case study)](https://www.yields.io/insights/america-first-credit-union), [Yields](https://www.yields.io/framework/eu-ai-act))

## Key points

- 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.

## Timeline

- Jul 16, 2026 — **VLAIO funding for a risk-management agent** Yields wins funding from VLAIO, the Flemish innovation agency, to build a governance agent connected to its platform. ([Yields](https://www.yields.io/insights/yields-wins-vlaio-funding-to-build-a-risk-management-agent))
- Apr 23, 2026 — **SR 26-2 analysis published** Yields publishes an analysis of seven shifts SR 26-2 makes for MRM technology and maps its platform to them. ([Yields](https://www.yields.io/insights/navigating-sr-26-2))
- Feb 28, 2026 — **Novobanco case study** Yields publishes a case study of Novobanco centralizing model documentation and inventory and preparing for the EU AI Act on its platform. ([Yields (vendor case study)](https://www.yields.io/insights/novobanco))
- Jan 2, 2025 — **BNP Paribas Personal Finance case study** Yields describes BNP Paribas Personal Finance running periodic model-monitoring campaigns across its local entities on the Yields platform. ([Yields (vendor case study)](https://www.yields.io/insights/bnp-paribas-personal-finance-case-study-with-yields))
- Sep 20, 2023 — **America First Credit Union case study** Yields says America First Credit Union selected its MRM Suite, starting with the Model Catalog and Workflow Engine, implemented within weeks. ([Yields (vendor case study)](https://www.yields.io/insights/america-first-credit-union))
- Sep 3, 2023 — **G-SIB validation case study** 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). ([Yields (vendor case study)](https://www.yields.io/insights/automating-modelvalidation-at-a-tier-1-bank))
- Jun 19, 2023 — **€4.8 million round led by G+D Ventures** Giesecke+Devrient Ventures leads a €4.8 million round with Pamica and Volta Ventures; Yields says it will focus expansion on the United States. ([Yields](https://www.yields.io/insights/yields-raises-e4-8m-in-a-funding-round))
- Jan 9, 2018 — **€1.25 million seed round** Volta Ventures leads a €1.25 million seed round with Pamica; Volta Ventures and Michel Akkermans join the board. ([Yields](https://www.yields.io/insights/yields-io-raises-seed-funding))
- Jan 1, 2017 — **Company founded** Jos Gheerardyn and Sébastien Viguié found Yields in 2017 (exact date not disclosed) after careers in banking and quantitative finance. ([Yields](https://www.yields.io/about/our-company))

## What do banks use Yields for?

| Use case | What | Status | Detail | Sources |
| --- | --- | --- | --- | --- |
| [Model risk management](https://www.bankingnewsai.com/ai-regulation/by-use-case#model-risk) | Model inventory, validation workflow and monitoring | In production | Inventory, tiering, validation workflows, findings and periodic monitoring campaigns for credit-scoring and other bank models. | [Yields (vendor case study)](https://www.yields.io/insights/bnp-paribas-personal-finance-case-study-with-yields), [Yields (vendor case study)](https://www.yields.io/insights/novobanco), [Yields (vendor case study)](https://www.yields.io/insights/america-first-credit-union), [Yields](https://www.yields.io/customer-stories) |
| [Third-party & vendor AI](https://www.bankingnewsai.com/ai-regulation/by-use-case#third-party-vendors) | Black-box testing of vendor models | Announced | Yields says it supports outcomes analysis that benchmarks vendor model outputs against internal challenger models or real data, as SR 26-2 expects. | [Yields](https://www.yields.io/framework/sr26-2) |
| [AI governance (general)](https://www.bankingnewsai.com/ai-regulation/by-use-case#governance-general) | AI use-case inventory and EU AI Act tiering | In production | Discovery campaigns to inventory AI use cases, risk scoring and documentation mapped to the EU AI Act; Novobanco uses it for AI Act readiness. | [Yields](https://www.yields.io/framework/eu-ai-act), [Yields (vendor case study)](https://www.yields.io/insights/novobanco) |
| [Generative & agentic AI](https://www.bankingnewsai.com/ai-regulation/by-use-case#generative-agentic-ai) | Governing AI outside SR 26-2's scope | Announced | A 'multi-governance' inventory that tracks generative and agentic AI on separate validation paths alongside in-scope models. | [Yields](https://www.yields.io/framework/sr26-2) |

## Disclosed numbers

| Measure | Value | As of | Sources |
| --- | --- | --- | --- |
| Seed round | €1.25 million | Jan 9, 2018 | [Yields](https://www.yields.io/insights/yields-io-raises-seed-funding) |
| 2023 funding round (G+D Ventures lead) | €4.8 million | Jun 19, 2023 | [Yields](https://www.yields.io/insights/yields-raises-e4-8m-in-a-funding-round) |
| BNP Paribas Personal Finance entities covered by monitoring campaigns (vendor-reported) | 20+ | Jan 2, 2025 | [Yields (vendor case study)](https://www.yields.io/insights/bnp-paribas-personal-finance-case-study-with-yields) |
| ISO/IEC 27001 certification held (vendor-reported) | over four years | Sep 24, 2026 | [Yields](https://www.yields.io/trust-center) |

## Quotes

> "The process of model testing is currently very manual." — Jos Gheerardyn, Co-founder and CEO, Yields, Jan 9, 2018 ([Yields](https://www.yields.io/insights/yields-io-raises-seed-funding))

> "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." — Michel Akkermans, Co-investor (Pamica); now Executive Chairman, Yields, Jan 9, 2018 ([Yields](https://www.yields.io/insights/yields-io-raises-seed-funding))

## Who runs Yields?

- **Jos Gheerardyn** — Co-founder and Chief Executive Officer ([Yields](https://www.yields.io/about/our-team), [Yields](https://www.yields.io/insights/yields-io-raises-seed-funding))
- **Sébastien Viguié** — Co-founder ([Yields](https://www.yields.io/about/our-team), [Yields](https://www.yields.io/about/our-company))
- **Michel Akkermans** — Executive Chairman ([Yields](https://www.yields.io/about/our-team))
- **Nicolas Metvier** — Chief Revenue Manager ([Yields](https://www.yields.io/about/our-team))

## Which rules apply to a bank using Yields?

- [Federal Reserve](https://www.bankingnewsai.com/ai-regulation/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. See [SR 26-2](https://www.bankingnewsai.com/ai-regulation/documents/fed-sr-26-2).
- [OCC](https://www.bankingnewsai.com/ai-regulation/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. See [OCC Bulletin 2026-13](https://www.bankingnewsai.com/ai-regulation/documents/occ-bulletin-2026-13), [OCC Bulletin 2023-17](https://www.bankingnewsai.com/ai-regulation/documents/occ-bulletin-2023-17).
- [EU AI Act](https://www.bankingnewsai.com/ai-regulation/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. See [Regulation (EU) 2024/1689](https://www.bankingnewsai.com/ai-regulation/documents/eu-ai-act-regulation-2024-1689).

## What the record suggests

### 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.

### 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.

### 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.

### Pricing is not published

There is no pricing page; the platform is sold in modules through a sales process.

### Case-study results are qualitative

Yields' case studies describe productivity and efficiency gains without measured figures.

## FAQ

### 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.

## Sources (17)

1. Our Company (undated page, retrieved 2026-09-24) — Yields, Sep 24, 2026. https://www.yields.io/about/our-company
2. Our team (undated page, retrieved 2026-09-24) — Yields, Sep 24, 2026. https://www.yields.io/about/our-team
3. Customer Stories (undated page, retrieved 2026-09-24) — Yields, Sep 24, 2026. https://www.yields.io/customer-stories
4. Model Risk Management Software (undated page, retrieved 2026-09-24) — Yields, Sep 24, 2026. https://www.yields.io/solutions/model-risk-management-software
5. AI Governance Software (undated page, retrieved 2026-09-24) — Yields, Sep 24, 2026. https://www.yields.io/solutions/ai-governance-software
6. EU AI Act Compliance Software for Financial Institutions (undated page, retrieved 2026-09-24) — Yields, Sep 24, 2026. https://www.yields.io/framework/eu-ai-act
7. SR 26-2 Model Risk Management Software for Banks (undated page, retrieved 2026-09-24) — Yields, Sep 24, 2026. https://www.yields.io/framework/sr26-2
8. Trust Center (undated page, retrieved 2026-09-24) — Yields, Sep 24, 2026. https://www.yields.io/trust-center
9. Yields MCP Server (undated page, retrieved 2026-09-24) — Yields, Sep 24, 2026. https://www.yields.io/product-features/mcp-server
10. Yields Raises €1.25M in Seed Funding — Yields, Jan 9, 2018. https://www.yields.io/insights/yields-io-raises-seed-funding
11. Yields raises €4.8M to accelerate the adoption of its model risk management platform — Yields, Jun 20, 2023. https://www.yields.io/insights/yields-raises-e4-8m-in-a-funding-round
12. Automating Model Validation at a Tier 1 Bank — Yields (vendor case study), Sep 3, 2023. https://www.yields.io/insights/automating-modelvalidation-at-a-tier-1-bank
13. America First Credit Union: Scaling model risk management — Yields (vendor case study), Sep 20, 2023. https://www.yields.io/insights/america-first-credit-union
14. BNP Paribas Personal Finance case study with Yields — Yields (vendor case study), Jan 2, 2025. https://www.yields.io/insights/bnp-paribas-personal-finance-case-study-with-yields
15. Novobanco and Yields: Transforming Model Risk Management for the AI Era — Yields (vendor case study), Feb 28, 2026. https://www.yields.io/insights/novobanco
16. Navigating SR 26-2: 7 Key Shift in MRM — Yields, Apr 23, 2026. https://www.yields.io/insights/navigating-sr-26-2
17. Yields wins VLAIO funding to build a risk management agent. — Yields, Jul 16, 2026. https://www.yields.io/insights/yields-wins-vlaio-funding-to-build-a-risk-management-agent

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