Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Focus is a central tool that improves model governance transparency, efficiency, effectiveness, and transparency. Focus helps you to adhere to the best practices for regulatory requirements in a controlled and systematic way. To ensure you are on the right track, define and follow policy and processes. Keep detailed records, report and remediate to ensure that you do not forget. It allows for easy, controlled access of all models, reports, documents, and up-to-the minute status, tasks, and actions dashboards. This facilitates better prioritization, resource planning, and a single, practical solution.
- Model dependencies, taxonomy and defined data
- Centralised model inventory
- Model risks identified and remediation plans tracked
- Model lifecycle events, workflow management
- Full audit trail, tracking, and reporting
- User configurable reporting/querying
- Flexibility in implementation
Description
Although not every model possesses the same quality, it is crucial for all models to have governance in place to promote responsible and ethical decision-making within an organization. The IBM® watsonx.governance™ toolkit for AI governance empowers you to oversee, manage, and track your organization's AI initiatives effectively. By utilizing software automation, it enhances your capacity to address risks, fulfill regulatory obligations, and tackle ethical issues related to both generative AI and machine learning (ML) models. This toolkit provides access to automated and scalable governance, risk, and compliance instruments that encompass aspects such as operational risk, policy management, compliance, financial oversight, IT governance, and both internal and external audits. You can proactively identify and mitigate model risks while converting AI regulations into actionable policies that can be enforced automatically, ensuring that your organization remains compliant and ethically sound in its AI endeavors. Furthermore, this comprehensive approach not only safeguards your operations but also fosters trust among stakeholders in the integrity of your AI systems.
API Access
Has API
No
API Access
Has API
No
Integrations
IBM watsonx Assistant
No
IBM watsonx.ai
No
Prove AI
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
$1,050 per month
Free Trial
Yes
Free Version
No
Deployment
Web-Based
Yes
On-Premises
Yes
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Paragon Business Solutions
Founded
1991
Country
United Kingdom
Website
www.credit-scoring.co.uk/focus
Vendor Details
Company Name
IBM
Founded
1911
Country
United States
Website
www.ibm.com/products/watsonx-governance
Product Features
Financial Risk Management
Compliance Management
No
Credit Risk Management
Yes
For Hedge Funds
No
Liquidity Analysis
No
Loan Portfolio Management
No
Market Risk Management
No
Operational Risk Management
No
Portfolio Management
No
Portfolio Modeling
Yes
Risk Analytics Benchmarks
No
Stress Tests
No
Value At Risk Calculation
No
Product Features
Data Governance
Access Control
No
Data Discovery
No
Data Mapping
No
Data Profiling
No
Deletion Management
No
Email Management
No
Policy Management
No
Process Management
No
Roles Management
No
Storage Management
No