AI Risk Management is the process of identifying, assessing, mitigating, and monitoring risks associated with the development, deployment, and use of AI systems and models.

GuruLink has adopted the NIST AI Risk Management Framework 1.0 as their AI Risk Management framework:
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• 1st Line: The Development Team regularly assesses model performance and updates the risk status based on current data.
• 2nd Line: The AI Trust & Safety team reviews and approves the risk status, ensuring that higher-risk models undergo additional validations using the Fairly AI Risk and Oversight platform.
• 3rd Line: Third party validation service from Fairly AI evaluates the accuracy and appropriateness of the risk status assigned to each model and reports any inconsistencies.

AI Compliance ensures that AI systems and their development, deployment, and usage adhere to relevant legal, regulatory, ethical, organizational standards and policies.

GuruLink has adopted ISO/IEC 42001 standards:
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• ISO/IEC 42001 is the world’s first AI management system standard. It specifies requirements for establishing, implementing, maintaining, and continually improving an Artificial Intelligence Management System (AIMS) within organizations. It is designed for entities providing or utilizing AI-based products or services, ensuring responsible development and use of AI systems.