The IRB Playbook
A practical guide to governing IRB models, end to end.
Read more
For building societies
Meet SS1/23 expectations.Without big-bank overhead.
Building societies face the same model risk scrutiny as the largest banks, but with leaner teams. Yields brings Model Risk Management and AI Governance together in one platform, so you can inventory, validate, and monitor every model and AI use case, and demonstrate the controls the PRA expects.
Category Leader in the Chartis 2025 RiskTech Quadrants for Model Validation, Model Governance, and AI Governance.
Model and AI overview
Live
Models18 registered · 4 in review
AI use cases6 active · 2 pending approval
Risk profile1 high · 5 medium · 12 low
ResponsibilitiesModel owners assigned
ValidationReports up to date
Audit trailFull history · SS1/23 ready
The reality
Your members come first. The PRA's model risk expectations now apply to you too.
- Affordability, IRB, and fraud models all need documented controls and validation.
- SS1/23 raises the bar on how models are identified, validated, and governed.
- Smaller teams can't afford weeks lost to spreadsheets and manual tracking.
Yields handles this by giving you one platform for your full model estate, sized to your organisation, not a global bank's.
How Yields helps
Proportionate governance you can actually run.
The structure of a full model risk framework, scaled to the team you already have.
One structured inventory
Every model and AI use case in a single, accurate catalogue. No more scattered files or manual tracking.
Validation a small team can run
Repeatable validation and monitoring workflows, end to end. No consultants, spreadsheets, or guesswork.
Evidence captured automatically
Documentation and audit trails generated as you work, ready the moment the PRA asks.
Configured by your own people
Set up workflows, controls, and governance yourself. No IT project to stand it up.
What you get
Structure, oversight, and audit readiness, built in.
01
Proportionate MRM
The discipline of a full framework, scaled to your size and resourcing.
02
Clear oversight
Every model, its risk, and its owner in one place, at a glance.
03
Regulator-ready evidence
The documentation SS1/23 expects, generated continuously as you work.
Capabilities
Everything you need to govern your model estate.
Model inventory
A complete, accurate catalogue of every model.
Model validation
Consistent reviews with automated evidence.
Model monitoring
Track performance and flag drift early.
Model documentation
Standardised, always up to date.
Risk assessment
Score and tier every model and use case.
Audit readiness
Full history captured automatically.
Insights
Go deeper on model risk and SS1/23.
Practical reading for building society risk and compliance teams.
What SS1/23 means for your model risk framework
The PRA's model risk expectations, in plain terms.
Read moreModel risk management: buy versus build
When to build in-house, and when a platform wins.
Read moreScaling Model and AI Risk Management
Lessons from complex financial organisations.
Read more
Why Yields
Enterprise-grade. Without the overhead.
01
Trusted expertise
A decade of experience in regulated model risk environments.
02
Independently recognised
Category Leader in the Chartis 2025 RiskTech Quadrants for Model Validation, Model Governance, and AI Governance.
03
Full configurability
Set up workflows and controls yourself. No IT needed.
04
Audit readiness built in
Documentation and reporting captured by design, aligned to SS1/23.
Category Leader · Chartis 2025
The discipline the largest banks rely on, within reach of your team.
Yields is trusted in the most demanding regulated environments, and built so a lean team can run real model governance, not just survive the next inspection.
23%
Reduction in model monitoring time
At BNP Paribas Personal Finance
10+ yrs
In regulated model risk environments
Meet SS1/23 with the team you already have.
See how Yields helps building societies bring every model under control. Proportionate, structured, and regulator-ready.