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features
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Description

The EY Trusted AI Platform offers organizations valuable insights into the origins and factors contributing to risk, while also assisting an AI design team in assessing and quantifying these risks. Utilizing interactive, web-based tools for schematics and assessments, the platform constructs a detailed risk profile for an AI system. It employs a sophisticated analytical model that transforms user inputs into a composite score, which reflects the technical risk, stakeholder impact, and control effectiveness associated with the AI system. To evaluate technical risk, the platform analyzes the AI system's design, focusing on various risk drivers such as the technologies utilized, the operating environment, and the system’s degree of autonomy. Additionally, when assessing stakeholder risk, the platform takes into account the goals and objectives set for the AI system, as well as the financial, emotional, and physical repercussions for both internal and external users, along with potential reputational, regulatory, and legal challenges that may arise. Overall, this comprehensive approach ensures that all facets of risk are thoroughly examined and understood.

Description

This framework allows for a comprehensive view of various opportunities and challenges, ensuring that both team members and stakeholders share a mutual comprehension of the risks, processes, and their respective responsibilities. The Risk Management system is designed to address potential effects on your organization or project, encompassing both advantageous and adverse outcomes. As a qualitative tool, it facilitates the description, documentation, and sharing of risks, enabling users to access pertinent risks and corresponding mitigation strategies. Users can easily add or modify information with minimal guidance required. Essential components of the process include identifying opportunities and threats, assessing and prioritizing them, and monitoring progress while regularly updating the risk matrix and associated actions. This tool not only aids in prioritizing and conveying risks effectively but also tracks mitigation efforts, providing complete traceability of the historical evolution of each risk over time. By fostering an organized approach to risk management, this system ultimately enhances decision-making and strategic planning within the organization.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

$27 per user per month
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

EY

Country

United Kingdom

Website

www.ey.com/en_us/consulting/trusted-ai-platform

Vendor Details

Company Name

Omega

Founded

1992

Country

Norway

Website

omega.no

Product Features

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

Product Features

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

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