What is ​ValidMind?

A Short Product Tour

Contents

1

The Inventory

2

Workflows & Approvals

6

Risk Insights & Regulatory Alignment

3

Reporting & Analytics

5

Ongoing Monitoring

4

Documentation & Testing & Validation

1 The Inventory

1

The Inventory

​ValidMind is your system of record for governance.

Use the ​ValidMind Inventory to track AI systems, models, use cases, and tools, along with their dependencies.

The Inventory

The Inventory — 2/3

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

 How do I use the ​ValidMind Inventory?

Registration

The Inventory — 3/3

Registration starts the lifecycle for governance, identifies the stakeholders, and collects 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 in the ​ValidMind Inventory?

2 Workflows & Approvals

2

Workflows & Approvals

Workflows are entwined with your inventory and enable governance by defining roles and responsibilities, enforcing policies and procedures, and audit trails across the lifecycle within one single tool for oversight — the ValidMind Platform.

Roles and Responsibilities

Workflows & Approvals — 2/3

Use workflows within the ValidMind Platform to govern in one centralized place:

• Define roles and responsibilities providing clear actions for your stakeholders to follow.

• Review audit trails to track all activities across lifecycle stages, statuses, artifacts, and validation issues.

Control the steps and transitions that guide items through their lifecycle with workflows:

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

What can I use workflows for?

Workflows & Approvals — 3/3

What can I use workflows for?

 Implement governance for regulations and policies.

 Demonstrate compliance to auditors.

 Automate risk processes with triggers and schedules.

 Get alerts for items that need attention.

 How do I use workflows in the ValidMind Platform?

3 Reporting & Analytics

3

Reporting & Analytics

Use customizable dashboards for oversight, alongside extensible analytics and flexible exports to meet reporting requirements in the same tool where your inventory and workflows live — the ValidMind Platform.

Reporting and Analytics

Reporting & Analytics — 2/2

Enable teams to collaborate and take shared responsibility:

• Track validation issues, approvals, and sign-offs across your model lifecycles linked to the same inventory used to track models.
• Get clear analytics and real-time insights throughout all stages of your model lifecycles to assess your risk posture.

Export documents to share with additional stakeholders.

 How do I use analytics?

 How do I export?

4 Documentation & Testing & Validation

4

Documentation & Testing & Validation

Automate documentation, perform comprehensive testing, and enable independent validation with full audit trails all with our open-source tool —
the ValidMind Library.

Documentation

Documentation & Testing & Validation — 2/5

Documentation

The ValidMind Library …

• Works with AI systems, models, use cases, tools, and more.
• Offers predefined templates, and the ability to create your own, including material from your reusable content block library.
• Pairs seamlessly with the full-featured online editor in the ValidMind Platform.

Templates define the structure of your documents:

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

  On Documentation     On Templates

Templates are available for all types of documents, including model documentation, validation reports, ongoing monitoring reports, and custom document types.

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

Testing

Documentation & Testing & Validation — 3/5

Testing

open-source software

The ValidMind Library includes …

• Over 200 out-of-the-box tests.
• End-to-end test suites.
• Model, prompt, and data assessments.
• Capability for extension with custom tests and test providers.

 Developer Quickstart

 Developer Fundamentals Training

 Code Samples

Validation

Documentation & Testing & Validation — 4/5

Validation

Make handoff between teams seamless.

Use the same ValidMind Library and ValidMind Platform used to develop models to …

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

 How do I prepare validation reports?

Robust & Transparent Processes

Documentation & Testing & Validation — 5/5

Robust & Transparent Processes

As a validator, use the same tools used to develop models to …

• Create challenger models and link the test results from your challenger model as evidence to your validation report.
• Run a variety of thorough model comparison tests to mount an effective challenge.
• Open validation issues, track remediation plans and monitor resolution.
• Collaborate with developers to resolve issues.

 Validator Quickstart

 Validator Fundamentals Training

 Validation Use Case

5 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.

Ongoing Monitoring

Ongoing Monitoring — 2/3

Monitor Your Performance

  Enable for any item in the inventory.

  Track performance over time.

  Detect data drift and other issues early.

  Define thresholds and receive alerts.

Ongoing monitoring documentation

Identify potential issues early

Governance

Ongoing Monitoring — 3/3

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?

  How do I set thresholds and alerts?

6 Risk Insights & 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.

Virtual Document Validator

Risk Insights & Regulatory Alignment — 2/2

Virtual Document Validator

Use ​ValidMind’s Document Checker to:

• Assess whether required information is clearly documented.

• Identify missing or weak areas in the documentation.

• Guide you on how to improve clarity, completeness, and compliance.

• Align with regulatory expectations for risk and model governance.

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

 How do I use the Document Checker?

Put Governance into Practice

Put Governance into Practice

Use our implementation guides for:

AI Governance
EU AI ACT

Model Risk Management
SR 11-7 SS1/23 E-23

 What these guides cover

• Inventory setup, custom fields, risk classification
• Documentation templates aligned to frameworks
• Automated testing for data quality and accuracy
• Independent validation, effective challenge, remediation
• Ongoing monitoring and drift detection
• Governance roles and approval workflows
• Audit trails for compliance evidence

Need more?

Need more?

Quickstarts

Training

User Guides

Code Samples