How Process Intelligence could significantly help with compliance of the EU AI act.
Michael McLaughlin
VP Strategic Alliances and Co-founder & Co-host of the Previously Learnt podcast
The European Union's AI Act represents a landmark in global AI governance, emphasizing the need for a balanced approach that fosters innovation while safeguarding fundamental rights. By setting stringent standards for high-risk AI systems and providing a framework for innovation-friendly regulations, the AI Act positions Europe at the forefront of ethical AI development.
Its global reach will influence international AI practices, echoing the transformative impact of the GDPR. As the AI Act comes into force, it underscores the EU's commitment to responsible technological advancement and sets a precedent for future AI regulations worldwide. Companies will need to find ways to interpret, implement and manage these frameworks going forward. One potential way to help with compliance to these frameworks is to use a tool like Process intelligence (PI) across your systems and processes that consume AI solutions.
Insight leads to understanding and adherence
There are several reasons why I believe that Process intelligence can significantly aid organizations in complying with AI frameworks like the European Union's AI Act. The key ability of Process Intelligence is that it will provide detailed insights into their operations thus allowing an organization to monitor and track adherence to regulatory requirements.
Here’s how Process intelligence can facilitate compliance:
Process intelligence allows organizations to visualize and understand their business processes by extracting data from systems and creating process maps.
This helps in:
2. Ensuring Transparency and Traceability
The AI Act emphasizes transparency and accountability, especially for high-risk AI systems. Process intelligence tools can act as a monitoring tool:
3. Identifying and Mitigating Risks
By analyzing process data, organizations can identify potential risks and inefficiencies related to AI usage.
领英推荐
?4. Automating Compliance Checks
Process intelligence can automate the monitoring of compliance with regulatory requirements. This includes:
5. Enhancing Data Governance
Effective data governance is critical for AI compliance.
6. Supporting Regulatory Reporting
Process intelligence tools can facilitate the preparation of reports required by regulatory bodies. This includes:
7. Continuous Improvement and Learning
The AI Act promotes evidence-based regulatory learning and continuous improvement. Process intelligence supports this by:
Process Intelligence is more than an insight tool…
Incorporating Process intelligence into the compliance strategy for AI frameworks like the EU's AI Act allows organizations to maintain a high level of oversight and control over their AI systems. By ensuring transparency, identifying risks, automating compliance checks, enhancing data governance, and supporting regulatory reporting, Process intelligence helps organizations navigate the complex landscape of AI regulations efficiently and effectively.
Would love to get your thoughts on this and if you want any more information please get in touch.
VP Cloud Solutions at SS&C Blue Prism
8 个月A proper audit of your process with alerts if the processing of items falls outside of SLAs goes a long way towards compliance. Perfect for SS&C’s BPPI product!