Holistic AI conducted a third-party audit of the technology stack of MindBridge. Their algorithms are vital for internal and external auditors to verify the soundness of financial statements, performance of activities, and many other supervisory needs.
To audit MindBridge’s algorithms to Level 7, known as ‘Glass-box’ or ‘White-box’, with full access to the MindBridge algorithms. There is a great deal of uncertainty around the use of Machine Learning in audit. Regulators and audit firms lack the necessary skills to assess the algorithm implementation in MindBridge.
The audit approach covered three key categories; Privacy, Explainability, and Robustness. Mindbridge's system comprise more than 60 different algorithms contributing to its output. Each of them was audited separately. Correctness relative to documentation, resilience and documentation quality were audited.