Case Study: London-based G-SIB boosts model validation productivity with Yields.io

London-based G-sib boosts model validation productivity with Yields.io

A London-based global systemically important bank (G-SIB) faced challenges in managing its large and complex model validation portfolio. With growing model variety and a lack of dedicated technology for collaboration and reporting, the bank needed to improve productivity and efficiency to meet increasing regulatory demands. To address this, the bank implemented Yields.io's Model Risk Management software to automate and standardize its validation activities.

The solution from Yields.io provided an integrated, on-premise platform that encouraged collaboration and automated repeatable tasks and tests. This streamlined the bank's end-to-end model validation process. As a result, the validation team reported a significant increase in productivity. Yields.io's software also ensured full audit compliance by recording all validation details and provided a fully managed environment for its data science tools.