Algorithm Integrity Matters: for Financial Services leaders, to enhance fairness and accuracy in data processing
Risk Insights: Yusuf Moolla
27 episodes
7 months ago
Spoken by a human version of this article. TL;DR (TL;DL?) Testing is a core basic step for algorithmic integrity.Testing involves various stages, from developer self-checks to UAT. Where these happen will depend on whether the system is built in-house or bought.Testing needs to cover several integrity aspects, including accuracy, fairness, security, privacy, and performance.Continuous testing is needed for AI systems, differing from traditional testing due to the way these newer systems chang...
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Spoken by a human version of this article. TL;DR (TL;DL?) Testing is a core basic step for algorithmic integrity.Testing involves various stages, from developer self-checks to UAT. Where these happen will depend on whether the system is built in-house or bought.Testing needs to cover several integrity aspects, including accuracy, fairness, security, privacy, and performance.Continuous testing is needed for AI systems, differing from traditional testing due to the way these newer systems chang...
Algorithm Integrity Matters: for Financial Services leaders, to enhance fairness and accuracy in data processing
9 minutes
11 months ago
Article 17. Algorithm Integrity: Audit vs Review
Spoken by a human version of this article. The terminology – “audit” vs “review” - is important, but clarity about deliverables is more important when commissioning algorithm integrity assessments. Audits are formal, with an opinion or conclusion that can often be shared externally. Reviews come in various forms and typically produce recommendations, for internal use. Regardless of the terminology you use, when commissioning an assessment, clearly define and document the expected deliverable...
Algorithm Integrity Matters: for Financial Services leaders, to enhance fairness and accuracy in data processing
Spoken by a human version of this article. TL;DR (TL;DL?) Testing is a core basic step for algorithmic integrity.Testing involves various stages, from developer self-checks to UAT. Where these happen will depend on whether the system is built in-house or bought.Testing needs to cover several integrity aspects, including accuracy, fairness, security, privacy, and performance.Continuous testing is needed for AI systems, differing from traditional testing due to the way these newer systems chang...
