In this special episode of FinTech Focus TV, host Ian welcomes Michael Borrelli, Director of AI & Partners to the show at the Harrington Starr booth, PAY360 event, Excel London.
Michael explores the profound impact of pioneering EU AI legislation on businesses within the EU market. He emphasises the essential need for businesses to conduct thorough risk classifications of their AI systems—mirroring 'know your customer' protocols—to ensure compliance.
During the discussion, he introduced 'Orthrus', a workflow tool his team developed to streamline the AI system risk classification process. This innovation significantly cuts down the time and effort businesses need to meet regulatory standards, epitomising the cutting-edge solutions required to effectively manage the regulatory demands of AI systems.
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