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ease
features
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support

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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

ValidMind stands out as the premier solution for organizations seeking to streamline the automation of testing, documentation, and risk management concerning AI and statistical models. This comprehensive platform offers a range of tools designed to assist data scientists, corporations, and risk or compliance professionals in pinpointing and documenting potential risks linked to their AI models, ensuring adherence to regulatory standards. With its integrated features, ValidMind simplifies the review process of risk areas across various teams' models, allowing organizations to effectively prioritize compliance and risk mitigation efforts. Furthermore, ValidMind promotes collaboration by breaking down information silos, thereby alleviating the complexities involved in sharing and working together on model documentation, validation reports, and risk assessments throughout the entire model lifecycle. By leveraging ValidMind, organizations can foster a culture of transparency and accountability in their AI practices.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Amazon Web Services (AWS)
SingleStore

Integrations

Amazon Web Services (AWS)
SingleStore

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
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

Paragon Business Solutions

Founded

1991

Country

United Kingdom

Website

www.credit-scoring.co.uk/focus

Vendor Details

Company Name

ValidMind

Founded

2022

Country

United States

Website

validmind.com

Product Features

Financial Risk Management

Compliance Management
Credit Risk Management
For Hedge Funds
Liquidity Analysis
Loan Portfolio Management
Market Risk Management
Operational Risk Management
Portfolio Management
Portfolio Modeling
Risk Analytics Benchmarks
Stress Tests
Value At Risk Calculation

Product Features

Artificial Intelligence

Chatbot
For Healthcare
For Sales
For eCommerce
Image Recognition
Machine Learning
Multi-Language
Natural Language Processing
Predictive Analytics
Process/Workflow Automation
Rules-Based Automation
Virtual Personal Assistant (VPA)

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

Alternatives

Modelscape Reviews

Modelscape

MathWorks

Alternatives

SAS Risk Management Reviews

SAS Risk Management

SAS Institute