Argenta, a BeNeLux focused family bank and insurance provider has enlisted the services of fintech Yields.io to propel themselves to “the forefront of the European market for the use of artificial intelligence in the risk management process”.
Yields.io will provide their platform that uses AI for automated model validation and real-time monitoring on an enterprise-wide scale. It will enable Argenta to manage the entire life cycle of their models including data validation, performance measurement and benchmarking.
Delphine Draelants, Validation & Model Risk Management Manager at Argenta named Yields.io’s customizability and flexibility as key differentiators from other market solutions, continuing:
“We believe AI will change the way we work dramatically. By using Yields.io we invest in this change, the AI platform will enhance the efficiency and capability of the validation department in performing robust validations.