Context-specific certification of AI systems: a pilot in the financial industry

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Názov: Context-specific certification of AI systems: a pilot in the financial industry
Autori: Kendall Brogle, Emma Kallina, Holli Sargeant, Var Shankar, Adrian Weller, Ashley Casovan, Umang Bhatt
Prispievatelia: DSpace at Cambridge pro (8.1)
Zdroj: AI and Ethics. 5:4223-4240
Informácie o vydavateľovi: Springer Science and Business Media LLC, 2025.
Rok vydania: 2025
Predmety: 4807 Public Law, 8.3 Policy, ethics, and research governance, Machine Learning and Artificial Intelligence, 48 Law and Legal Studies
Popis: The rapid proliferation of artificial intelligence (AI) systems across diverse sectors underscores the fundamental need for regulatory frameworks that address ethical, legal, and social implications of its deployment. This article examines the inherent challenges AI poses to traditional regulatory approaches, particularly concerning key pillars of responsible AI (RAI): adherence to human rights, fairness, non-discrimination, explainability, and accountability. Recognizing the lag between technological advancement and regulatory development, we pose a third-party, system-level AI certification framework as an interim solution. This framework is designed to bridge the current regulatory gap and complement future legislation. Our work provides a comprehensive analysis of certification processes, detailing key actors and mechanisms involved in AI system auditing. Through a detailed case study of a pilot certification program in the financial industry, we offer insights into the practical implementation, challenges, and potential of such a framework. This research begins to establish a recognized and actionable AI certification system, aimed at guiding AI development towards alignment with global standards. By offering a path towards responsible AI implementation, this work addresses the urgent need for governance mechanisms that keep pace with rapid technological advancement and ensure the responsible development and deployment of AI systems.
Druh dokumentu: Article
Popis súboru: text/xml; application/pdf
Jazyk: English
ISSN: 2730-5961
2730-5953
DOI: 10.1007/s43681-025-00720-w
Prístupová URL adresa: https://www.repository.cam.ac.uk/handle/1810/386341
https://doi.org/10.1007/s43681-025-00720-w
Rights: CC BY
Prístupové číslo: edsair.doi.dedup.....aead1dfb3b79adcd5e8944977421b62e
Databáza: OpenAIRE
Popis
Abstrakt:The rapid proliferation of artificial intelligence (AI) systems across diverse sectors underscores the fundamental need for regulatory frameworks that address ethical, legal, and social implications of its deployment. This article examines the inherent challenges AI poses to traditional regulatory approaches, particularly concerning key pillars of responsible AI (RAI): adherence to human rights, fairness, non-discrimination, explainability, and accountability. Recognizing the lag between technological advancement and regulatory development, we pose a third-party, system-level AI certification framework as an interim solution. This framework is designed to bridge the current regulatory gap and complement future legislation. Our work provides a comprehensive analysis of certification processes, detailing key actors and mechanisms involved in AI system auditing. Through a detailed case study of a pilot certification program in the financial industry, we offer insights into the practical implementation, challenges, and potential of such a framework. This research begins to establish a recognized and actionable AI certification system, aimed at guiding AI development towards alignment with global standards. By offering a path towards responsible AI implementation, this work addresses the urgent need for governance mechanisms that keep pace with rapid technological advancement and ensure the responsible development and deployment of AI systems.
ISSN:27305961
27305953
DOI:10.1007/s43681-025-00720-w