Delta Capita and Yields.io Partner to Deliver Model Risk Management Technology

Delta Capita, the financial services division of Prytek, announces an alliance between Yields.io, a Belgium based tech company, to offer Model Risk Management technology to clients.

Through the new collaboration, Delta Capita will guide and support clients to establish and enhance their model risk management processes and framework.

Delta Capita's clients will benefit from the technology as they will be able to manage model risk, streamline model development and validation in one platform thus reducing resource demand while extracting business value from a resource hungry Model Risk Management (MRM) department.

George Petropoulos, Chief Product Officer – Pricing & Risk, Delta Capita said:"The rise of the strategic importance of model risk management in financial services led us to search for an end-to-end platform that standardises the model lifecycle for our clients. Using the Yields technology, our clients will be able to streamline model development and validation, reduce resource demand and industrialise their management of model risk."

Simon Vanooteghem, Director of Sales, Yields.io commented:"We are proud to be partnering with Delta Capita to help financial services enhance and streamline their model risk management processes. We believe this partnership brings the best capabilities together; award-winning technology from Yields.io supported by Delta Capita's unique combination of deep domain knowledge and experience in bringing technology innovations to the market."