Framework Design and Implementations

Our actuarial, legal, risk compliance and governance experts will custom design a comprehensive AI GRC (Governance, Risk, Compliance) framework to ensure your organization operates under the highest ethical and responsible AI standards. Whether your organization is an AI provider, producer or customer, Bizcom instills ISO42001 AI Governance and NIST RMF standards to ensure your organization is compliant and innovation remains intact to help your current and future growth. We work with the designated members of your team to apply these standardized controls as complimentary to your existing framework or as a completely new stand-alone model.

At the core, we follow the AIMs process, which incorporates policy, principles, controls and implementation. Our end-to-end solution incorporates Action360â„¢, which continuously monitors your AI applications and ensures that any new regulatory changes or requirements are immediately flagged and implemented into your existing framework. Our services incorporate all phases of Plan-Do-Check-Act (PDCA) in the creation and review of the following key AI GRC framework components:

  • AI Scope & Objectives
  • AI Policy & Principles
  • Gap Analysis
  • Statement of Applicability
  • AI System Development and Lifecycle Management
  • Operational Controls (Protocols to ensure data management, transparency, privacy and ethical/fairness in operational considerations)
  • Stakeholder Engagement and Communications
  • Risk Management
  • AI Impact Assessment
  • Supplier Management
  • Organizational Context
  • Leadership and responsible AI (Defining roles and responsibilities of senior management)
  • Resource Allocation
  • Documentation (policies and procedures)
  • Security
  • Performance Measurement (Ongoing Monitoring and Measurement of AI Processes and Controls to ensure continuous improvements)
  • Implementation Tools and Impact Evaluation
  • Human Resource Assessments