Lumenova AI

October 3, 2023

Lumenova AI: A Proud Addition to the OECD.AI Database

Company News
ai governance

Contents

We’re thrilled to announce a significant milestone in our journey – Lumenova AI has been included in OECD.AI’s Trustworthy AI Tools Catalog.

This recognition underscores our steadfast commitment to fostering responsible AI practices and providing invaluable support to organizations across diverse industries.

Meet OECD.AI and Its Mission

The Organisation for Economic Co-operation and Development’s AI Policy Observatory (OECD.AI) is a critical platform where governments and stakeholders from all corners of the globe collaborate to translate the OECD AI Principles into actionable policies and practices.

Serving as a global hub for AI policy, OECD.AI offers accessible tools, data, and resources to various actors in both developed and developing countries.

At the core of OECD.AI’s endeavors lies its Network of Experts, an assembly of over 250 AI specialists worldwide. These experts play a pivotal role in shaping policies that address emerging AI challenges and opportunities through a collaborative, multi stakeholder approach.

Lumenova AI’s inclusion in the OECD.AI Ethical AI database is a testament to our dedication to promoting responsible AI practices.

Meet Lumenova AI

We at Lumenova AI firmly believe in the tremendous potential of AI while also recognizing the significance of responsible AI practices.

From day one, our goal was to assist organizations like yours in automating, simplifying, and streamlining their entire AI governance process, making AI adoption a more seamless and efficient journey.

Our Risk Management platform offers a unique set of features tailored to support organizations in their Responsible AI journey:

💡 Versatile Policy Hub: We offer the flexibility to choose from ready-made AI frameworks or create your own from scratch, tailoring AI policies to your unique needs.

📊 In-Depth Technical Evaluations: Our AI Risk Management platform includes proprietary technical assessments linked to requirements and controls, simplifying the process of evaluating the technical aspects of your AI systems and their alignment with risk management.

🛡️ Holistic Risk Management: Lumenova AI’s Risk Management Platform equips you with user-friendly dashboards for real-time assessment, prioritization, and mitigation of AI-related risks, ensuring comprehensive protection.

🏢 Unified Asset Repository: Our AI Risk Management platform serves as a centralized repository for all your AI assets, providing a comprehensive view of your AI resources and their ethical implications, streamlining management.

🌐 Organization-Wide Monitoring: In addition, we offer an enterprise-wide console for real-time monitoring of AI models, empowering you to proactively ensure ethical AI practices across your organization.

And for an extra benefit: 🚀 Lumenova AI is well-equipped to manage Generative AI models, ensuring their secure, ethical, and risk-aware utilization within the dynamic AI landscape.

Empowering Your Organization with Lumenova AI

LLumenova AI is dedicated to supporting enterprises in all stages of their Responsible AI journey.

Whether your organization operates in healthcare, government, financial services, or any other sector, our AI Risk Management platform offers comprehensive support to drive successful business transformation.

We’re enthusiastic about a future where ethics seamlessly integrate with AI innovation, and if you’re sharing our views, we’d love to show you how Lumenova AI works. Get in touch with us!

Frequently Asked Questions

OECD.AI, the AI Policy Observatory by the Organisation for Economic Co-operation and Development, is a global platform that brings together governments, researchers, and industry leaders to develop responsible AI policies. It provides essential resources, data, and frameworks to help organizations implement AI governance aligned with ethical and regulatory standards. For example, it offers frameworks such as the AI Principles, which guide transparent, accountable, and fair AI use, and the AI Risk Management Toolkit, which helps organizations assess and mitigate potential risks in AI deployment. These tools help businesses ensure that their AI systems are developed and used in ways that comply with international ethical standards and regulations.

Lumenova AI’s inclusion in the OECD.AI Trustworthy AI Tools Catalog recognizes its role in advancing responsible AI governance. As part of this global initiative, Lumenova AI provides organizations with AI risk management and governance tools that align with OECD AI Principles, ensuring transparency, fairness, and accountability in AI deployment.

Lumenova AI offers a comprehensive AI governance platform that helps organizations automate compliance, assess AI risks, and implement policies aligned with global regulatory frameworks. Its AI Risk Management platform provides real-time monitoring, technical evaluations, and policy customization to ensure ethical AI adoption across industries.

Responsible AI governance is essential for mitigating AI-related risks and impacts, ensuring compliance with global regulations, and maintaining public trust in AI systems. Organizations leveraging AI must adopt structured governance policies to manage AI risks, enhance transparency, and align with international standards like those outlined by OECD.AI. The business benefits are substantial: Commonwealth Bank of Australia reduced call center wait times by 40% and halved scam losses through AI integration, while Unilever’s legal team saved 30 minutes per lawyer daily. A Deloitte study estimates automating U.S. government work with AI could save 96.7 million federal hours annually, worth $3.3 billion. Responsible AI governance both mitigates risks and drives business growth.

Businesses can use Lumenova AI’s risk management tools to streamline AI compliance, monitor AI ethics concerns, and proactively assess AI risks. With features such as a unified AI asset repository, organization-wide monitoring, and policy customization, Lumenova AI enables companies to build trustworthy, secure, and regulatory-compliant AI systems.
← Back to Blog See next post →

Make your AI ethical, transparent, and compliant - with Lumenova AI

Book your demo