Canadian AI management firm announces AI governance solutions to enable board oversight

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NuEnergy.aiAn Ottawa-based tech company focused on AI governance solutions, seeking to equip senior corporate leaders with the knowledge, framework and software to interact with AI governance solutions and incorporate AI governance into their risk registers .

in his latest said board members can access the company’s AI Governance Education and AI Governance Framework, designed to help technology leaders develop an ethical AI roadmap for their organization and a customized trust framework for managing the organization’s AI governance Designed to allow co-creating.

In addition, with NuEnergy’s cloud-based software, the Machine Trust Platform (MTP), technology leaders can measure trust parameters including privacy, ethics, transparency, bias, and protect against risk. ai drift, For board monitoring, results are presented in dashboards that include global benchmarks such as the Government of Canada Algorithmic Impact Assessment (AIA).

By making these AI governance tools available to senior corporate leaders, and specifically to risk committee members, enables organizations to become more aware of the potential AI presents for their organizations as well as the risks involved. I want to help.

“Board leaders should build on their approach to cyber risk, establishing comparable practices for AI. Boards need to discuss how to incorporate AI governance and data governance into their risk management strategies Be done, and get the guardrails in place before it’s too late,” said Neeraj Bhargava, co-founder and executive chairman of

Bhargava said that if technology is to be trusted then only the power of AI can be of true benefit. heyOrganizations rush to incorporate AI into their products and operations, risking their brands and public trust as a result of ethical failings in AI, but wait for a crisis to control it.

Bhargava affirms that even an organization’s leadership is unlikely to implement governance when AI is ‘hiding’ behind low-impact tools, such as resume screening tools, that seem innocuous but can lead to bias in the hiring process. Can introduce.

“Despite the lack of formal regulation, it is a mistake to wait for organizations to implement governance approaches that ensure the ethics and credibility of AI; The financial, legal, regulatory and reputational risks of AI that goes ‘off the rails’ are enormous,” said Bhargava. “NuEnergy understands the value of metrics, measurement and transparent scorecards. The adage ‘if you can’t measure it, you can’t manage it’ clearly applies to AI, no matter the maturity level of the organization.

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