Empowering
Banking & Investment
with Advanced AI Technologies
Lumenova AI provides an advanced AI governance platform tailored specifically for the banking and investment industry. Our platform is designed to help firms manage AI risks, ensure compliance, and promote responsible AI adoption. By leveraging our comprehensive tools for AI governance and risk mitigation, firms can boost operational efficiency and enhance risk management.
By using the Lumenova AI platform, our clients can achieve greater compliance, regulation, and risk mitigation for their AI-driven innovations, such as:
- AI Enhanced Credit Assessment: Unbiased, data-driven credit scoring.
- Operational Efficiency: Streamlined processes and reduced costs through automation.
- AI Fraud Prevention: Real-time monitoring to prevent financial losses.
- Predictive Risk Analytics: Improved decision-making by predicting and mitigating risks.
Lumenova AI Services for
Banking & Investment
Lumenova AI empowers banking and investment firms with robust AI governance tools that ensure ethical, transparent, and compliant AI operations. Our platform integrates seamlessly with your existing systems, helping you manage AI risks, comply with regulations, and build trust with stakeholders.
Risk & Compliance Frameworks
Purpose-built to manage the risk and compliance of AI models, Lumenova provides a library of pre-built, customizable AI frameworks based on major regulatory and industry standards.
- Detect and track AI risk with 360 visibility on your AI models
- Ensure up-to-date compliance with regulations and industry standards
- Stay on top of AI regulations and take a proactive approach to managing AI risk and compliance
Technical Evaluation Engine
Our evaluation module enables you to perform the technical assessment of your AI models based on 5 key risk verticals: Fairness, Explainability & Interpretability, Validity & Reliability, Security & Resilience and Data Integrity.
- Understand how your AI works to optimize, improve, and future-proof your model
- Extensive technical tests integrated directly into the risk management process
- Choose from 25+ pre-developed test templates with configurable parameters
Monitoring & Improvement Platform
AI requires dynamic safeguards, and Lumenova enables continuous monitoring and improvement of AI models.
Evaluating model performance over time, taking a proactive stance to risk mitigation, and adjusting for data, model, or framework drift.
Why Choose Lumenova AI for
Banking & Investment?
- Expertise in AI Technologies: Proven track record in financial sector innovations.
- Comprehensive Risk Management: Advanced tools for predictive analytics and fraud prevention.
- Trustworthy AI to promote enterprise-wide transparency and accountability.
- End-to-End Support: From strategy to implementation, we assist in every step of your Responsible AI journey.
- Custom Solutions: We develop internal policies and frameworks tailored to your business needs.
- Expert Guidance: Navigate the complex regulatory landscape with our team of consultants and ML engineers.
Insights on How Lumenova AI Can Empower Finance and Investments
June 4, 2024
Understand Your AI: Compliance & Regulatory Insights for AI in Banking
Lumenova’s Responsible AI platform provides a holistic approach to address the use of AI in Banking, helping you enhance efficiency and customer experience.
February 8, 2024
The Progress of AI Policy in 2023 and Predictions for 2024
2023 was an exciting and ambitious year for AI policymaking. Find out more about the progress of AI policy in 2023 and our predictions for 2024.
January 17, 2024
Key Takeaways: Regulatory Initiatives Concerning Automated Decision Making Technologies and Generative AI in California
Dive into our latest blog post to explore the key changes in the AI landscape driven by recent California state regulations.