Integrating AI into business operations requires thorough consideration of governance, risk and compliance from start to finish. That’s where our AI assurance platform comes in, providing in-depth evaluations to set businesses up for success in an AI-driven future. It helped one of our private sector clients identify the risks and opportunites of their forward-looking AI strategy.

Problem

A private sector organisation came to us with a challenge. The organisation had started using AI-driven analytics to optimise its portfolio management strategies and predict market trends. However, the opacity of its models made it difficult for its analysts to understand and trust the AI’s decision-making process, raising questions related to compliance after enforcement of the EU AI Act begins.

Solution

Our platform enabled a thorough evaluation of their current model and its use. Based on this analysis, it provided evidenced risk scores across multiple evaluation dimensions together with detailed recommendations for changes. This included suggestions for technical adjustments to the model, as well as a comprehensive strategy for the analysts interacting with the model and governance clarity for the managers responsible for the portfolio.

Impact

Following the AI assurance process, the organisation refined its approach and positioned itself to achieve more accurate portfolio management while maintaining confidence in its decision-making processes. With the newly formulated strategy, after an informed assessment of risks, the organisation is better equipped to align its AI practices with its strategic goals while ensuring compliance readiness and the confidence of its customers.