What is ValidMind?

a short product tour

1

A screenshot of the inventory
the inventory

2

A screenshot of the workflows and approvals
workflows + approvals


3

A screenshot of the reporting and analytics
reporting + analytics

4

A screenshot of the documentation, testing and validation
Documentation + Testing + Validation


5

A screenshot of the ongoing monitoring
ongoing monitoring

6

A screenshot of the risk insights and regulatory alignment
risk insights + regulatory alignment

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A screenshot of the inventory

1

The Inventory

ValidMind is your system of record for governance. Use the inventory to track AI systems, models, use cases, and tools, along with their dependencies.

An animation of the inventory to filter for items and change the layout

The inventory is industry-aligned, highly customizable with your own fields, integrated with workflows, and scales to your needs.

 How do I use the inventory?

 Open the inventory

An animation of the registration process as you step through a series of classification drop-down menus

Registration starts the lifecycle for governance items.

Provide basic information, identify the stakeholders, and collect any other required information.

For example, you can require users to identify AI applications so that they can be governed appropriately.

 How do I register items?

 Register a new item

A screenshot of workflows and approvals

2

Workflows & Approvals

ValidMind workflows enable governance by defining roles and responsibilities, enforcing policies and procedures, and audit trails across the lifecycle.

A screenshot of workflow detail showing how model registration includes a risk classification step

Roles and responsibilities define clear actions for your stakeholders to follow.

Audit trails track all activities across lifecycle stages, statuses, artifacts, and validation issues.

Workflows control the steps and transitions that guide items through their lifecycle:

  • Predefined workflows enable out-of-the-box compliance for regulatory frameworks
  • Custom workflows support any external regulation or internal policy

SR 11-7
SS1/23
E-23
EU AI ACT

Workflows let you:

  • Implement governance frameworks

  • Automate risk processes with triggers and schedules

  • Standardize model documentation and independent review

  • Get alerts for items that need attention

  • Comply with external regulations and internal policies

A screenshot of ready-made workflows

 How do I use workflows?

 Open workflows

A screenshot of reporting and analytics

3

Reporting & Analytics

ValidMind provides customizable dashboards and analytics for oversight, plus flexible exports to meet reporting requirements.

Management Responsibilities

An animation of analytics being scrolled through on the ValidMind platform. The scrolling starts on the Models tab and then switches to the Artifacts tab, followed by a look at a sample artifact before returning to the original tab

  • Enable management with responsibility for the governance framework
  • Create reports & analytics
  • Perform attestation by owners

Internal Audit

Track artifacts, approvals, and sign-offs across the lifecycle

 How do I use analytics?

 How do I export data?

A screenshot of documentation, testing and validation

4

Documentation, Testing & Validation

ValidMind sets a standard by automating documentation, providing comprehensive testing, and enabling independent validation with full audit trails.

Automate Documentation

An animation of model documentation being scrolled through on the ValidMind platform. The scrolling starts at the documentation overview and then expands the development documentation section

  • Regulatory alignment for many standard industry use cases
  • Predefined templates ensure consistency
  • Rich-text online editor
  • Content block library
  • Highly customizable

Templates define the structure of your documents:

  • Start with a predefined template for one of the use cases to save time
  • Run notebooks with code samples to populate templates
  • Add your own tests, add new sections, or create custom templates
  • Save time with reusable content blocks in the online editor

model documentation validation reports ongoing monitoring custom document types

fair lending bias testing llm rag nlp ml regression binary classification credit risk text classification time series capital markets credit scorecard

EXAMPLES OF AVAILABLE TEMPLATES

An animation of the model testing process as you see various test results and documentation being created

Comprehensive Testing

  • Open-source library
  • 200 out-of-box tests
  • End-to-end test suites
  • Model, prompt, and data assessments
  • Extensible with custom tests and test providers

 Developer Quickstart

 Developer Fundamentals Training

 Code samples

An animation of a validation report being scrolled through on the ValidMind platform to assess compliance. The reviewer then changes the assessment from No Adherence to Some Adherence in the dropdown menu

Independent Review

  • Tailor the process to regulatory and internal standards
  • Assess compliance by linking evidence from developers and validators
  • Generate risk assessments with clear recommendations

 How do I prepare validation reports?

 Open validation reports

A screenshot of an artifact with details about severity, remediation status and documentation reference

Process Verification

  • Create artifacts with severity, risk area, and references
  • Track remediation plans and monitor resolution
  • Ensure thorough checks and collaboration with developers
  • Create challenger models

Did you know?
Validators can use the same library as model developers:

  • Run your own tests to create challenger models
  • Link the results as validator evidence to your report

 Validator Fundamentals Training
CHALLENGER MODELS ARE COVERED IN MODULE 3

A screenshot of ongoing monitoring

5

Ongoing Monitoring

ValidMind provides ongoing monitoring to ensure items perform as expected and to detect potential issues early.

Combine monitoring and workflows for performance-based governance with thresholds and alerts to trigger action.

An animation of ongoing model monitoring being scrolled through on the ValidMind platform showing performance metrics and potential issues

Ongoing Monitoring

  • Enable for any model in the inventory
  • Track model performance over time
  • Detect data drift and other issues early
  • Define thresholds and receive alerts

A screenshot of a graph that shows potential data drift over time

Identify potential issues early

A screenshot of workflow showing how periodic reviews are performed.

Outcomes Analysis

  • Detect test results that exceed thresholds
  • Follow escalation workflows when metrics exceed limits
  • Document and track remediation activities

Data-Driven Governance

Combine monitoring & workflows for:

  • Scheduled revalidation cycles
  • Event-triggered reassessments
  • Escalation to risk functions & committees

 How do I enable monitoring?

 Set thresholds and alerts

A screenshot of risk insights and regulatory alignment

6

Risk Insights + Regulatory Alignment

ValidMind provides AI-powered risk insights to enhance documentation quality, plus built-in support for regulatory frameworks and compliance requirements.

Document Checker

  • Assess whether required information is clearly documented
  • Identify missing or weak areas in the documentation
  • Offer guidance on how to improve clarity, completeness, and compliance
  • Align with regulatory expectations for risk and model governance

 How do I use the document checker?

Test Interpretation

  • Interprets results from tests run within ValidMind
  • Generates descriptions of tests and highlights key insights
  • Provides summaries with actionable takeaways

Risk Assessment

  • Generates tailored risk assessments using test results
  • Aids in identifying potential risks based on model performance
  • Provides foundation for better-informed decision-making

Qualitative Checks

  • Leverages metadata from inventory and test outcomes
  • Creates qualitative sections within model documentation
  • Ensures contextual information is accurately documented

 LLM features overview

 AI usage policy

Built-in Framework Support

ValidMind provides predefined templates and workflows aligned with major regulatory frameworks:

SR 11-7 SS1/23 E-23 EU AI ACT

Compliance Features

  • Predefined workflows for regulatory compliance
  • Templates aligned with framework requirements
  • Document checker for compliance validation
  • Audit trails for regulatory evidence

 AI governance guide

 EU AI Act implementation

Next Steps

Training by role

Administrator Fundamentals

Developer Fundamentals

Validator Fundamentals

Training by use case

Quickstarts

Training

User Guides

Code Samples