Vendor-specific governance is essential in today's AI environment. The relationships between data, models, applications and tools require a highly detailed strategy. Without such governance, organizations may face challenges such as data quality issues, model bias and security breaches.
By establishing vendor-specific governance, organizations better manage the risks associated with using AI technology. This includes ensuring that data is collected and used ethically, that models are developed and deployed responsibly, and that applications and tools are secure and reliable.
But the likes of EU’s AI Act require increased transparency and accountability, which makes things a bit more challenging.
Credo AI, a provider of AI governance software, has a solution to that: the Generative AI Vendor Registry, a new layer of intelligence that helps companies greenlight entire AI vendors for fast and scalable AI adoption.
The GenAI Vendor Registry launches with pre-populated data for leading AI vendors and developers, including OpenAI, Microsoft, IBM, GitHub, Salesforce, Anthropic, Databricks, Codeium, Glean, AskSage and Meta. The registry enables enterprises to easily consolidate risk and compliance data and provides Responsible AI benchmarks for specific vendors.
Additionally, by consolidating vendor-specific risks and RAI metrics, the registry allows stakeholders — from executives to auditors — to make go/no-go decisions quickly and effectively.
Here is an example:
When a company decides to work with OpenAI and its GPT-4 model, the registry provides all relevant transparency, risk and RAI information to facilitate the quick approval of additional use cases with that vendor. This centralized approach helps enterprises maintain control over their AI usage to minimize the risks associated with unapproved “shadow AI.”
Should a vendor’s metrics not meet the required standards, governance leads can easily recommend alternative pre-approved vendors, ensuring AI deployments are safe and compliant.
“With the Generative AI Vendor Registry, we’re giving governance teams the tools they need to make fast, informed and scalable AI decisions,” said Navrina Singh, CEO and founder of Credo AI. “Launching with transparency reports and risk posture of vendors like OpenAI, Microsoft and Salesforce pre-populated in the registry, we’re ensuring that organizations can quickly and safely adopt generative AI across various use cases.”
GenAI Vendor Registry aligns with Credo AI’s mission to empower organizations to responsibly build, adopt, procure and use AI at scale. Credo AI’s platform, as a whole, is only boosted by this solution to help organizations measure, monitor and manage AI risks, while ensuring compliance with emerging global regulations and standards.
Be part of the discussion about the latest trends and developments in the Generative AI space at Generative AI Expo, taking place February 11-13, 2025 in Fort Lauderdale, Florida. Generative AI Expo covers the evolution of GenAI and feature conversations focused on the potential for GenAI across industries, as well as how the technology is already being used to create new opportunities for businesses to improve operations, enhance customer experiences, and create new growth opportunities.
Edited by
Alex Passett
