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🧑🏻‍💻 Comparison Matrix
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🧑🏻‍💻 Comparison Matrix
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🚀 RespAI Compliance Framework Platform

A Digital Platform for AI Compliance

Intro:

As the European Union continues to invest in the development of Artificial Intelligence (AI) and responsible AI technologies, our products aims to capitalize on this opportunity by developing a compliance framework and platform that enables businesses to audit themselves and ensure adherence to regulatory requirements. Our proposal, RespAI, outlines a digital platform that guides users through the process of evaluating AI systems against key principles, providing a score-based assessment of their trustworthiness.

Problem Statement

The increasing use of AI in various industries has raised concerns about bias, transparency, and accountability. The EU's Artificial Intelligence Act and other regulations aim to address these concerns, but businesses will struggle to ensure compliance and trustworthiness of their AI systems, in particular as regulations will continue to evolve and grow in complexity. Our platform aims to addresses this challenge by providing a comprehensive framework and digital platform for AI compliance and trustworthiness assessment.

Solution

A web based platform that enables businesses to evaluate their AI systems against the EU's key principles for trustworthy AI, including:

  1. Lawfulness: Compliance with EU laws and regulations
  2. Transparency: Clarity on AI system decision-making processes
  3. Accountability: Ability to explain AI system decisions and actions
  4. Explainability: Understandability of AI system outputs
  5. Fairness: Prevention of bias and discriminatory outcomes
  6. Data quality: Use of high-quality, relevant, and unbiased data

The platform will:

  1. Guide users through a comprehensive assessment process: Walk users through a series of steps covering evaluations to assess their AI system's adherence to the key principles.
  2. Provide a score-based assessment: The platform will generate scores across the key principles, providing a clear indication of the AI system's trustworthiness.
  3. Offer recommendations for improvement: Provide actionable recommendations for improving the AI system's trustworthiness and compliance with regulatory requirements.
  4. Facilitate continuous monitoring and evaluation: The platform will enable users to continuously monitor and evaluate their AI systems, ensuring ongoing compliance and trustworthiness.

Technical Approach

Our technical approach involves:

  1. Development of a comprehensive framework: We have started the design of an accessible framework that aligns with the EU's key principles for trustworthy AI.
  2. Design and development of the digital platform: We will design and develop a user-friendly digital platform that guides users through the assessment process.
  3. Integration with existing regulations and standards: We will integrate the platform with existing regulations and standards, ensuring seamless compliance.

Use case

For example, a company using AI-powered recruitment tools can use our platform to evaluate their system's adherence to the key principles. The platform will guide the user through a series of questions and evaluations, providing a score-based assessment of the system's trustworthiness. The platform will also provide recommendations for improvement, such as:

  • Data quality: Ensure that the data used to train the AI system is diverse, representative, and free from bias.
  • Transparency: Provide clear information about the AI system's decision-making processes and criteria used to evaluate candidates.
  1. User access with Role Base Access Model

Stakeholders and staff engaged in the compliance review process are on-boarded as users onto the platform with the appropriate privileges.

  1. Frameworks

Users can pick among provisioned compliance frameworks which will walk them through the evaluation process

  1. Framework Flow

Users can pick among provisioned compliance frameworks which will walk them through the evaluation process

Users is taken to a selected framework's detailed's flow

  1. Tasks and Risk Assessment

Tasks backlog and Risk and Impact evaluation Matrix to track compliance effort

  1. Vendor and Remediation

Onboard and review vendors for approval and track Risk remediation progress

  1. Policies and Measures

Define the company's policies, business conduct, and track initial along with on-going measures necessary to reach and maintain compliance.

Business Model

Our business model involves:

  1. Subscription-based service: Offering a subscription-based service to businesses, providing access to the platform.
  2. Customized consulting services: Providing customized consulting services to businesses, helping them to improve their AI system's trustworthiness and compliance.

Funding Request

We are seeking €1.5 million in funding to scale up our team, support the development and marketing effort. The funds will be used to:

  1. Develop the digital platform: Building a comprehensive and user-friendly platform that guides users through the assessment process.
  2. Develop a comprehensive framework: Creating a framework that aligns with the EU's key principles for trustworthy AI.
  3. Marketing, outreach and sales.
  4. Pilot testing and validation: Conducting pilot testing and validation with a range of businesses and AI systems.

Timeline

We anticipate a 18-month development timeline, with the following milestones:

  1. Month 1-6: Development of the comprehensive framework and platform design
  2. Month 7-12: Platform development and testing
  3. Month 13-14: Pilot testing and validation
  4. Month 14-18: Launch and commercialization

Appendices

TODO:

  • Company profile: Overview of our company, including team, expertise, and experience
  • Market analysis: Analysis of the market for AI compliance and trustworthiness assessment
  • Detailed budget breakdown: Breakdown of the €1.5 million funding request

Additional Information

TODO - check existing approved proposals to match the structure

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