Benefits of AI Governance with Credo AI
Business Alignment
Credo AI's platform ensures that every AI project remains responsible, compliant, and in line with business objectives.
Regulatory Compliance
Credo AI keeps enterprises updated with the rapidly evolving AI ecosystem. It ensures continuous alignment of AI projects with global regulations, internal policies, and industry standards. This includes compliance with regulations like the EU AI Act and industry standards such as the NIST AI Risk Management Framework.
Governance Artifacts
Building trust is crucial. Credo AI enables organizations to automatically generate various governance artifacts like model cards, AI impact assessments, and risk & compliance reports. This not only maintains a transparent paper trail but also translates technical evidence into user-friendly artifacts for diverse stakeholders.
Human Oversight
As AI becomes more integrated across various roles and departments, there's a need for governance that brings together stakeholders and offers seamless oversight. Credo AI provides tools for collaboration, reviews, and attestation flows, ensuring humans remain in control of AI.
Risk Management
AI systems come with inherent risks. Credo AI allows organizations to evaluate their AI systems against business, regulatory, and responsible requirements at every stage. This includes assessments for bias, explain ability, robustness, security, and performance, ensuring that organizations can mitigate potential pitfalls.
Streamlined Governance Process
Register and Identify Risks
Centralize the AI systems you're building, buying, or using and receive risk recommendations.
Gather Evidence
Check if controls are met based on evidence from your AI infrastructure, including technical assessments and documentation.
Monitor Compliance
Continuously track changes to laws, regulations, or your AI system and ensure ongoing compliance.
Apply Controls
Define risk-mitigating requirements based on deployment context, considering laws, regulations, standards, and best practices.
Define Mitigations
If an AI system doesn't meet requirements, define and assign mitigations to relevant stakeholders.
Conclusion
For CIOs, CSOs, and Compliance roles, ensuring the appropriate and secure use of AI is paramount. Credo AI offers a comprehensive AI governance solution that not only ensures compliance but also aligns AI projects with business goals. By adopting Credo AI, organizations can confidently navigate the complexities of AI, ensuring profitability, compliance, and safety