Transforming AI Compliance: Introducing Advanced Analytica’s Pre-diligence Program
We are excited to announce the launch of Advanced Analytica’s groundbreaking pre-diligence program — an innovative solution designed to address the complex challenges of AI compliance. With our cutting-edge technology and unique lawyer-in-the-loop® approach, we are revolutionizing the way businesses develop and deploy compliant AI systems. In this blog post, we will explore the key features and benefits of our pre-diligence program, enabling organisations to embrace AI confidently while mitigating compliance risks.
Addressing the AI Compliance Challenge
At Advanced Analytica, we understand that managing compliance in the realm of AI can be both intricate and time-consuming. We recognise the need to strike a balance between effective compliance management and avoiding the pitfalls of over-engineering. That’s why we have developed our pre-diligence program — a comprehensive compliance framework designed to guide AI developers and engineers throughout the entire lifecycle of their projects.
Introducing the pre-diligence program
Our pre-diligence program leverages the AI risk toolkit for data protection fairness, developed by the esteemed Alan Turing Institute and ICO. By incorporating our unique lawyer-in-the-loop® approach, we assist organisations in establishing robust compliance-driven AI systems from the initial design stage onward. This collaborative approach ensures that compliance is seamlessly integrated into AI systems, fostering trust and accountability.
Benefits of the pre-diligence Program
The pre-diligence program offers a range of benefits to businesses seeking to develop AI products and services while entering new markets. Here are some key advantages of our program:
- End-to-End Compliance: Our program facilitates the implementation of a comprehensive compliance model, covering all measures necessary to adhere to laws, regulations, guidelines, and internal policies.
- Reduced Complexity and Costs: By automating compliance workflows and providing expert guidance, we help organizations reduce the complexity and costs associated with managing compliance effectively.
- Aligned AI Processes: Our program aligns AI processes with compliance workflows, ensuring that compliance considerations are seamlessly integrated into every stage of the AI lifecycle.
- Validated and Automated Workflows: We enable businesses to validate, verify, and automate compliance workflows, streamlining the compliance management process and ensuring consistency and reliability.
- Enhanced Collaboration: Through the use of Webhooks and APIs, our program facilitates the secure exchange of compliance information between stakeholders, enhancing collaboration and information sharing.
- Real-Time Monitoring and Reporting: Organisations can monitor and report on AI runtime operations, enabling proactive compliance management and timely identification of potential issues.
- Visualise and Demonstrate Compliance: Our program offers tools to visualise and demonstrate high levels of compliance, providing transparency and confidence to stakeholders, regulators, and customers.
- Expedited Market Entry: By leveraging our verified compliance models, businesses can expedite their entry into new markets, gaining a competitive edge and building trust with potential customers.
How the pre-diligence program works?
The pre-diligence program takes an iterative approach, allowing businesses to move back and forth between different stages of the AI lifecycle while addressing data protection fairness considerations. The program is divided into four high-level stages:
- Business requirements and design: Initiation and design, ensuring compliance readiness while preparing to process personal data.
- Data acquisition and preparation: Collection, procurement, analysis, and pre-processing of data while adhering to compliance requirements.
- Training and testing: Development and evaluation of AI models, ensuring fairness and compliance throughout the training process.
- Deployment and monitoring: Deployment of AI models and ongoing monitoring, including retiring or decommissioning models when necessary, while maintaining compliance standards.
Throughout the project, our lawyer-in-the-loop® workflow models oversee compliance tasks and timelines, ensuring effective management and development of highly compliant AI systems.
Conclusion
As the field of AI continues to advance, compliance becomes a critical factor for organisations to navigate responsibly and confidently. With Advanced Analytica’s pre-diligence program, businesses can leverage technology to develop fair, trustworthy, and responsible AI systems. Our collaborative approach, expertise in compliance-driven AI, and cutting-edge automation tools empower organizations to unlock the true potential of AI while minimizing compliance risks.
To learn more about our pre-diligence program and how it can benefit your organisation, visit our website or get in touch with our team. Together, let’s embrace the future of AI with compliance at the forefront of innovation.