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...
Article 7. Postcodes: Hidden Proxies for Protected Attributes
Algorithm Integrity Matters: for Financial Services leaders, to enhance fairness and accuracy in data processing
11 minutes
1 year ago
Article 7. Postcodes: Hidden Proxies for Protected Attributes
Spoken (by a human) version of this article. In a previous article, we discussed algorithmic fairness, and how seemingly neutral data points can become proxies for protected attributes. In this article, we'll explore a concrete example of a proxy used in insurance and banking algorithms: postcodes. We've used Australian terminology and data. But the concept will apply to most countries. Using Australian Bureau of Statistics (ABS) Census data, it aims to demonstrate how postcodes can ...
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...