AI Vendor Governance Assessment
AI is increasingly embedded in the technology and services financial institutions rely on every day. Your vendors may be using AI to power lending, fraud detection, member service, operations, marketing, and more.
The question is: Do you have the visibility and governance needed to understand the AI risks those vendors introduce?
LucidTrust will assess your AI vendor landscape across capabilities, data privacy and security, AI risk, regulatory impact, and governance, then provide practical recommendations and an executive-ready summary of what to do next.
Understand Your AI Vendor Risk. Know What to Do Next.
Traditional vendor due diligence may not provide the visibility needed to understand how AI is being used by third parties.
The LucidTrust AI Vendor Governance Assessment gives your team a focused evaluation of the AI capabilities and risks within your vendor ecosystem, helping you identify where additional oversight may be needed.
Your assessment includes:
Vendor AI Capability Profile
Understand what AI capabilities your vendors offer and how AI may be incorporated into the products and services your institution uses.
Data Privacy & Security Analysis
Evaluate how vendor AI may interact with sensitive data, including considerations around data use, privacy, security, and third-party risk.
AI Risk Assessment
Identify potential risks associated with vendor AI, including areas that may warrant additional controls, documentation, or oversight.
Regulatory Impact Analysis
Understand how evolving AI-related regulatory expectations may affect your vendor oversight and governance requirements.
Governance Recommendations
Receive practical recommendations for strengthening your approach to AI vendor governance.
Executive Summary & Next Steps
Walk away with an executive-ready summary of key findings, priorities, and recommended next steps.
Book Your Review Now
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Attend a 30-minute call with our AI Governance Experts
We'll work with your team to understand your relevant vendors, products, AI capabilities, and existing governance practices.
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LucidTrust Conducts the Assessment
We'll evaluate your vendor AI landscape across capabilities, privacy and security, risk, regulatory impact, and governance.
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Review Your Findings
Receive an executive summary with key findings, recommendations, and next steps specific to your institution.