FairNow

AI Inventory & Risk Assessment

- FairNow’s software offers a clear, organized view of all AI activities. The platform accelerates AI inventorying by pre-populating common use cases and automatically notifying accountable parties. FairNow’s risk assessments help organizations define the risk level for each of their AI applications.

Automatic Record-Keeping and Audit Artifacts

- The platform automates compliance by populating AI application details, logging modifications, and storing test results. It can automatically generate first-pass drafts of technical documentation, model cards, and validation reports, formatted to a company’s specifications.

Bias and Fairness Assessments

- Users can run automated bias audits and receive instant alerts of any concerns, and utilize advanced tools for bias detection and explainability. Users can also run multiple assessments using different metrics, groups, and data to meet and exceed regulatory requirements.

Regulatory Compliance Tracking

- The platform ensures continuous compliance with global regulations by continuously monitoring the regulatory landscape and updating its compliance framework to reflect new requirements.

Roles and Accountability Management

- Manages multiple stakeholder groups by assigning responsibility for AI development, review, approval, and ongoing monitoring through configurable governance workflows.

Vendor AI Risk Management Portal

- Standardizes the tracking and assessment of vendor AI systems. Users can assign tasks to vendors, manage deadlines, track completion status, and monitor compliance over time.