Ethikit – Trusted AI for your Business

EthiKit

This tool is used to support LOBs, AI COE, and 2nd line stakeholders to efficiently govern and manage risks associated with a given AI use case throughout the AI development lifecycle.

The actionable guidance, risk ratings, and dashboards benefit and support AI/analytics teams, business lines, risk management stakeholders and executives.

The intended use of the tool is during the design and early development stages of the AI lifecycle.

Key Benefits

• The tool is built for AI system owners & developers to identify & mitigate risk.

• Stakeholders across the organization benefit from the output; risk management teams leverage risk ratings, the support functions (e.g., compliance & legal) are consulted, this also provides the leaders & executives with a greater understanding of the AI systems within the organization.
• The tool poses questions focused on what the AI system owner/developer can control and is able to answer early in the AI lifecycle. Questions appear only if relevant, based on the parameters of the AI system
• It acts as an AI system inventory and aggregates results to generate insights in dashboards for leaders/executives.

Business Value 

• Data ethics embedded across the enterprise
• Trust built across stakeholders promoting enterprise data ethics adoption and standardization
• Common language and reporting metrics to ensure alignment across the organization and stakeholders
• Configurable tool to accommodate rapid changes in risk assessments