The purpose of this policy is to provide clear guidelines for the management of AI systems within Vaival Technologies Pvt Ltd. It aims to ensure that AI technologies are used responsibly, ethically, and in a manner that supports our strategic objectives while safeguarding stakeholder interests and compliance with legal and regulatory standards.
This policy applies to all AI systems developed, implemented, or used by Vaival Technologies Pvt Ltd across all departments and business units. It encompasses the entire life cycle of AI systems, from initial design and development through deployment, operation, and maintenance.
Senior management is responsible for overseeing the implementation of this policy, ensuring that adequate resources are allocated, and providing strategic direction for AI system management. They are also responsible for fostering a culture of ethical AI use and compliance throughout the organization.
The AI Governance Team is responsible for developing and maintaining AI policies, conducting risk assessments, and ensuring compliance with legal and regulatory requirements. They also oversee the implementation of quality control measures and address any issues related to AI systems.
All employees and stakeholders involved in the development, deployment, and management of AI systems are expected to adhere to this policy. They must ensure that their actions are in line with the principles outlined in this policy and report any concerns or non-conformities.
Vaival Technologies Pvt Ltd is committed to the ethical use of AI technologies. We ensure that AI systems are designed and operated in ways that respect privacy, promote fairness, and avoid biases. Our AI applications adhere to principles of transparency, accountability, and non-discrimination.
All AI systems must comply with applicable laws, regulations, and industry standards. We stay informed of relevant legal and regulatory requirements and integrate them into our AI management practices to ensure compliance and mitigate legal risk.
All AI systems must be designed and developed with a focus on fairness, transparency, and non-discrimination. Vaival Technologies Pvt Ltd conducts a thorough risk assessment for each AI project, evaluating potential impacts on users, stakeholders, and society. Implement strategies to identify and mitigate biases in AI models and algorithms.
We implement a robust risk management framework to identify, assess, and mitigate risks associated with AI systems. This includes conducting regular risk assessments, implementing appropriate risk treatment measures, and continuously monitoring AI system performance to address potential issues proactively.
aival Technologies Pvt Ltd prioritizes the protection of data and privacy in the use of AI systems. We ensure that AI systems are designed to handle personal and sensitive data in compliance with data protection laws and our internal data protection policies. Data collection, processing, and storage practices are conducted with the utmost regard for confidentiality and security.
Our AI systems are developed and maintained to meet high standards of quality and performance. We establish clear objectives for AI system performance and regularly monitor and evaluate these systems to ensure they achieve the desired outcomes and deliver value to stakeholders.
We are committed to transparency in our AI operations. We provide clear information about how AI systems function, the data they use, and their decision-making processes. Accountability mechanisms are in place to address any issues or concerns related to AI system performance and impact.
Vaival Technologies Pvt Ltd has established procedures for the deployment of AI systems, including testing and validation to ensure they meet quality and performance standards. We continuously monitor AI systems for performance and accuracy, and perform regular maintenance to address any issues or improvements and established protocols for managing incidents related to AI systems, including reporting, investigation, and resolution.
Conduct regular internal audits to ensure compliance with this policy and ISO/IEC 42001:2023 standards. Engage with external auditors as necessary to verify adherence to industry standards and regulations.
We provide regular training to employees on AI ethics, compliance, and best practices. Educate stakeholders about the impact and use of AI systems within the company.