Risknowledge and Yields announce partnership

Strategic Partnership Elevates Model Risk Management Capabilities

[Geneva – Brussels, January 10, 2025] – Yields, a leading provider of model risk management (MRM) solutions, is thrilled to announce a strategic partnership with Risknowledge, a renowned advanced risk methodologies firm founded by Carlo Acerbi, who is a recognized authority in quantitative risk management and financial regulation consulting. This collaboration marks a significant milestone in the evolution of model risk management by combining Yields’ cutting-edge technology with Risknowledge’s unique solutions.

Change management is crucial to successfully implement a model risk management solution. As an organization is changing the processes of the model lifecycle from a manual setup towards a more automated and technology-oriented approach, both leadership and the model risk teams have to be guided through this transformation. In addition, such a project also comes with updates on the model risk management approach that an organization wants to take. 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.

An additional value proposition of this partnership is the enhancement of backtesting capabilities within the Yields platform. Leveraging Acerbi’s pioneering work in model risk validation, specifically his contributions to the development of expected shortfall backtesting methodologies, Yields will offer best-in-class backtesting features. This will empower clients to more accurately assess and manage their financial risk exposure, thereby enhancing their overall risk management framework.

Jos Gheerardyn, CEO of Yields, expressed enthusiasm about the partnership, stating,

“Collaborating with Risknowledge and Carlo Acerbi is an exciting step forward for Yields.io. By combining our technological prowess with Risknowledge’s unique expertise and Carlo’s groundbreaking work, we deliver unmatched value to our clients, setting new standards in MRM.”

Carlo Acerbi, CEO of Risknowledge, added,

“Our complementary sets of expertise form a unique value proposition in the risk industry. Model validation and model enhancement have never been so close in the model lifecycle process before.”

The partnership between Yields and Risknowledge is more than just a collaboration; it is a commitment to excellence and innovation in the field of model risk management.

For more information about the partnership and how it can benefit your institution, please visit www.yields.io and www.risknowledge.org.

About Yields

Yields is a leading provider of model risk management software, offering solutions that enable financial institutions to efficiently identify, manage, and mitigate model risk. With a focus on innovation and technology, Yields is committed to delivering products that enhance the accuracy, efficiency, and compliance of model risk management practices.

About Risknowledge


Risknowledge is a leading innovator and software analytics provider in the field of financial risk model validation, selection and rectification. Risknowledge solutions offer seamless turnkey implementation and unparalleled computational speed of innovative proprietary methodologies published on primary industry journals.

Contact Information:

Jos Gheerardyn

Yields Media Contact:

Jos Gheerardyn
Chief Executive Officer
jos.gheerardyn@yields.io

Carlo Acerbi

Risknowledge Media Contact:

Carlo Acerbi
Chief Executive Officer
carlo.acerbi@risknowledge.org