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What is SigmaRed?

Our platform employs a versatile methodology for assessing and tackling risks associated with AI in both models and datasets, emphasizing critical concerns such as bias, proxy bias, and fairness. Through our Responsible AI technology, we improve the transparency of AI models, ensuring they are both understandable and interpretable. Our research-backed algorithms are designed to detect and mitigate risks arising from insufficient robustness. Furthermore, the platform performs comprehensive evaluations of the AI landscape concerning various AI and MRM regulations, providing detailed risk assessments, thorough reporting, and automated remediation solutions. It is essential to scrutinize and reduce AI risks found in both in-house developed systems and those provided by external vendors. The SigmaRed platform streamlines a robust third-party AI risk management (AI TPRM) process, dramatically accelerating the AI risk assessment timeline while enhancing visibility, control, and reporting tailored to stakeholders, alongside maintaining a thorough evidence repository. Additionally, our technology not only bolsters compliance but also builds confidence in AI systems by ensuring proactive management of potential risks, ultimately fostering a safer and more reliable AI environment for all users. This comprehensive approach guarantees that organizations can navigate the complexities of AI regulations effectively while minimizing exposure to vulnerabilities.

What is IBM watsonx.governance?

While the quality of models may vary, establishing governance is essential for ensuring responsible and ethical decision-making across an organization. The IBM® watsonx.governance™ toolkit for AI governance allows you to effectively manage, monitor, and oversee your organization's AI projects. By leveraging software automation, it significantly improves your ability to mitigate risks, comply with regulations, and address ethical considerations associated with generative AI and machine learning (ML) models. This toolkit equips you with automated and scalable governance, risk, and compliance tools that cover various areas, including operational risk, policy management, financial oversight, IT governance, and both internal and external audits. You can proactively recognize and reduce model risks while translating AI regulations into actionable policies that are automatically enforced, guaranteeing that your organization adheres to compliance standards and maintains ethical integrity in its AI practices. Additionally, this thorough strategy not only protects your operations but also builds confidence among stakeholders regarding the reliability of your AI systems. In a rapidly evolving technological landscape, embracing such governance measures is vital for sustainable growth and innovation.

Media

Media

Integrations Supported

Integrations Supported

IBM watsonx Assistant
IBM watsonx.ai
Prove AI

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

$1,050 per month
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub

Company Facts

Organization Name

SigmaRed

Company Website

www.sigmared.ai/

Company Facts

Organization Name

IBM

Date Founded

1911

Company Location

United States

Company Website

www.ibm.com/products/watsonx-governance

Categories and Features

AI Governance

Not specified

Categories and Features

AI Governance

Not specified

Data Governance

Not specified

Model Risk Management

Not specified

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