FairNow

FairNow: Your Complete AI Governance Platform

FairNow is an all-in-one AI governance solution trusted by Fortune 500 companies to streamline and centralize AI risk management across the organization. FairNow empowers organizations to confidently build, buy, and deploy AI while ensuring alignment with global regulatory standards by providing tools for AI inventory, risk assessments, and compliance monitoring.

Key Features:

AI Inventory & Risk Assessment

- Streamline your AI governance with FairNow’s software, offering a clear, organized view of all AI activities. Our platform accelerates AI inventorying by pre-populating common use cases and automatically notifying accountable parties. FairNow’s comprehensive risk assessments help organizations define the risk level for each AI application.

Automatic Record-Keeping and Audit Artifacts

- Automate compliance by populating AI application details, logging modifications, and storing test results seamlessly. Automatically generate first-pass drafts of technical documentation, model cards, and validation reports formatted to your company’s specifications.

Bias and Fairness Assessments

- Run automated bias audits and receive instant alerts of any concerns. Utilize advanced tools for bias detection and explainability. Run multiple assessments using different metrics, groups, and data to meet and exceed regulatory requirements.

Regulatory Compliance Tracking

- Ensure continuous compliance with rapidly changing global regulations. FairNow continuously monitors the regulatory landscape and instantly updates your compliance framework to reflect new requirements. 

Roles and Accountability Management

- Easily manage multiple stakeholder groups. Assign responsibility for AI development, review, approval, and ongoing monitoring through configurable governance workflows.

Vendor AI Risk Management Portal

- Standardize the tracking and assessment of vendor AI systems. Conveniently assign tasks to your vendors, manage deadlines, track completion status, and monitor compliance over time.

Ideal Use Case: FairNow is ideal for organizations seeking to implement and scale AI while ensuring compliance, transparency, and risk management. Whether in HR technology, financial services, or other highly regulated industries, FairNow delivers the comprehensive tools necessary for responsible AI governance, mitigating risk, maintaining regulatory alignment, and promoting fairness throughout the AI lifecycle.

Why use FairNow:

• Centralize AI governance across the organization
• Proactively manage and mitigate AI risk
• Automate bias audits to maintain fairness in AI models
• Stay ahead of global regulatory changes with continuous compliance tracking
• Streamline documentation and audit reporting to reduce operational burden

tl;dr:

FairNow AI provides centralized AI governance, automating bias assessments, risk management, and compliance tracking to ensure ethical and legal AI usage across industries.