Banking is no longer in the "should we adopt AI" phase. Now, it's how banks adopt, scale and trust. With frameworks like GDPR, the EU AI Act, and numerous state and local regulations coming online with sometimes widely varying requirements, compliance is front and center, and it's also the biggest challenge to navigate. SolasAI already works with regulators at all levels. That's how we built one of the industry's best AI model monitoring and auditing tools. Not only do our tools protect your models, but our people can guide you through understanding the necessary frameworks and how to apply them practically. We'll help you scale and provide the trust you desire. Find out more: https://lnkd.in/eDdP3nGm
SolasAI
Software Development
Philadelphia, Pennsylvania 1,463 followers
We build trust in AI!
About us
We build trust in AI! SolasAI is software that detects and removes bias & discrimination from a customer's decisioning models. It works in credit & insurance underwriting, predictive marketing, healthcare, and employment to name a few use cases. We use AI to fix AI. We provide trust & transparency into artificial intelligence, machine learning, and standard statistical models. We have over 45 years experience doing this, so our software is designed by the people that large banks, insurers, and healthcare providers trust to help them identify and lower their risk. If you are tired of paying expensive experts who can't seem to agree, and then leave the hard part of fixing the problems to your expensive and over worked data scientists, then SolasAI is for you. We follow the latest decisions and signals from courts, regulators, and law makers, as well as the latest and greatest technology trends for AI and fairness as a whole. This is built into SolasAI so you don't have to figure it out yourself. SolasAI is also flexible enough to adjust to your business without exposing you to unnecessary risks. We help you identify the fairest and best performing alternatives, and then create just the right amount of data and justification for you to communicate with auditors, regulators, or other stakeholders. We believe in fairness, but we are practical problem solvers. Bad decisions are bad decisions. We help you make the best decisions while expanding your business and uncovering new possibilities through fairness. Modelers, are you tired of tools trying to replace you or call your 'babies ugly?' Well SolasAI is your co-pilot to help take your great data science and insights and ensure you also achieve amazing fairness. We solve this together using cool data science. We are your partner and not your competition!
- Website
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http://www.solas.ai
External link for SolasAI
- Industry
- Software Development
- Company size
- 2-10 employees
- Headquarters
- Philadelphia, Pennsylvania
- Type
- Privately Held
- Founded
- 2021
- Specialties
- Machine Learning, Artificial Intelligence, fair lending, compliance, risk management, model governance, analytics governance, disparate impact, disparate treatment, AI Bias, algorithmic bias, machine learning bias, proxy detection, automl, software, Ethical AI, AI transparency, AI Trust, AI Trust Risk and Security Management, and AI TRiSM
Products
SolasAI
Governance, Risk Management, and Compliance (GRC) Software
SolasAI provides a powerful and easy to use tool that affords modelers, compliance stakeholders, and executives the ability to minimize discrimination in their predictive decisioning models without hurting their business. SolasAI uses accepted disparity testing metrics and Explainable AI in the service of identifying drivers of disparity and model quality. Then it uses a sophisticated optimized alternative model search process to help our clients protect themselves, extend customer inclusion, and use powerful artificial intelligence tools more responsibly. SolasAI builds on the thought leadership and expertise of BLDS, LLC — a trailblazing consultancy with decades of experience advising on the topic of algorithmic fairness across areas such as banking, insurance, and employment. This expertise is now available in a Cloud agnostic, modeler-friendly package that provides interactive information to help all compliance stakeholders select models that best suit their businesses' needs.
Locations
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Primary
Get directions
1608 Walnut St.
Suite 1108
Philadelphia, Pennsylvania 19103, US
Employees at SolasAI
Updates
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Learn more about our AI audit process in a live discussion with CTIO Nick Schmidt at AI Evolution, hosted by Fisher Phillips. "See an AI Bias Audit in Real Time" 📅: Thursday, June 25 ⏰: 3:10-3:30pm 📍: The Willard Intercontinental, Washington, D.C. Joined by Fisher Phillips' Usama Kahf (CIPP/US), Nick will explain the importance of AI bias audits to mitigate applicant and worker discrimination using our expert audit processes, including the most critical elements - accurate scoping, getting the right data, and how to understand the results. Hear for yourself about the value of an AI bias audit first-hand. Looking forward to seeing you there! More Info: https://lnkd.in/enf75P8W
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The AI Summit in Real Estate held this month proved something we've preached since the beginning. The most successful businesses dealing with AI are working on narrowed problems, not generalities. Companies like SolasAI are targeting specific workflows with a clear before-and-after. Our Illumination and Beacon solutions target bias and performance for finance and insurance models, a place we have specific expertise. We're not here to change AI. We're here to make your business' AI models better. Trust in a company that knows what it is and knows what it isn't.
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SolasAI reposted this
Next week I am excited to announce that I will be speaking at AI 2030's Chicago AI Week, on a panel called, "No Margin for Error: AI in Financial Services at Scale." We will discuss how we help our firms, clients, and customers safely run AI systems at scale while meeting governance standards. We will discuss four areas: - Governance: the principles, practices, and frameworks that hold up under examination, anchored to the NIST AI RMF and, in model risk contexts, SR 11-7 (and, yes, it's still important!). - Policy and regulation: what is settled, what is still contested, and how to act sensibly while parts of the guidance remain unwritten. - Operationalizing best practices: moving from principles to systems that perform in production and survive review. - Real-world stakes: what changes as these models move from advising a human to acting on their own. I am looking forward to hearing what my co-panelists have to say on the subject. I'm honored to be speaking with Sandeep Maira of Accenture, Dhruv Baronia, CFA of Northern Trust, and Shanthi Gudavalli of JPMorganChase, with Archana Lamoureux of Northwestern Mutual moderating our panel. We're talking on June 26th, though the conference starts a few days before. It is always one of the best AI conferences I go to each year, and I expect it to be a great time this year. If there is a question you think this panel should address, leave it in the comments and I will try to bring it to the room! #ChicagoAIWeek #AI2030 #ResponsibleAI #ModelRiskManagement #FinancialServices Xiaochen Zhang Larry Bradley SolasAI
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Meet with CEO Larry Bradley at Capital Capital in Washington, DC! After launching Illumination earlier this year, large and highly-regulated enterprises are turning to SolasAI as their strategic partner for adopting GenAI and Agentic AI responsibility and fairness. Looking forward to networking with you there regarding AI adoption, trust, and scalability! More Info: https://lnkd.in/enyS-knu
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Without the right human touchpoints, Agentic AI mistakes compound quickly. CEO Larry Bradley calls out the risks of agentic AI, especially for customer-facing or high-stakes decision-making roles. Banking and healthcare companies that don't develop safeguards could introduce serious safety and liability concerns. In his latest Forbes piece, Larry weighs the advantages and risks of agentic AI and addresses its biggest challenge: trust. Read more from the Forbes Technology Council: https://lnkd.in/gspv44BC
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SolasAI reposted this
What a fabulous event we had yesterday! The Proptech Council’s AI in Real Estate Summit NY at Nareit’s REITWeek and @Techweek by a16z was awesome! Thank you to all the speakers who provided such great content! Saleem Miyan, Cris Kimbrough, PhD, PMP, Igor Starkov, Jonathan Rodriguez, Ryan Elazari, Andrew Ackerman, Brendan McSheffrey, David S. Rose, Zander Geronimos, John H. Jones, Phoebe Starr Slater, Frank Spadafora, Laura Craft, Henry Z. Lo, PhD, Nita Banerjee, Ilissa Miller, Eli Scher, Alice Stein, Kevin Donnelly, Larry Bradley, Andrew Zang, Esq., Elizabeth Braman, CCIM, Nick Wanzenried, Emily Levin, LCSW-R, Duke Long, Scott Kaplanis, Nirmal Jingar, and our startup showcase - PredictAP, Inc., Axcces, Revolution RE, Darabase, NYC Zoning AI, and Anodet Inc.! Thank you to our sponsors! Intapp, Real Estate Technology & Transformation Center, Regions Bank, Lerner Associates, Revolution RE and Facilimax.
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Hear from CEO Larry Bradley at the AI in Real Estate Summit, presented by the Proptech US Council, during NY Tech Week 2026. Responsible AI in Commercial Real Estate 📅: Thursday, June 4 ⏰: 4:15-5:00pm 📍: NY Tech Week 🎤: Larry Bradley; Nick Wanzenreid (Cotality); Andrew Zang, Esq. (Bespoke AIR A.I.); Elizabeth Braman, CCIM (Revolution RE); Kevin Donnelly (Real Estate Technology & Transformation Center) Moderated by Alice Stein, this panel of data, tech and AI executives tackles what real estate fiduciaries need to know about data, model bias, and model governance. Looking forward to seeing you there! More Info: https://lnkd.in/eP_Ucudf
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Congrats on five years, Mike Wilkerson! Mike has been instrumental to SolasAI's growth over the last five years, joining as a director and now as a vice president. His knowledge and insight are directly responsible for our biggest selling point: delivering the highest quality product, with the highest quality speed. He's built our development team into the powerhouse it is today, and continues to put SolasAI at the forefront of innovation with his curiosity, creativity, and dedication to excellence. Mike is also incredibly valued for his kind demeanor and amazing capacity to make time to explain things both simple and complex to clients and staff alike. He leads from the front, setting the example for collaboration and accountability, along with a nice dose of humor. Join us in congratulating Mike on an incredible five years!
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You've seen SolasAI Illumination perform a quality analysis. What about disparity? Our software analyzes your data and model to provide recommendations on widely accepted metrics and gives you everything you need to move forward, including executive summaries and a full analysis. Like our demo sneak peek? Sign up for a full demo: https://lnkd.in/esBtq5MZ #AI #riskmanagement #ResponsibleAI #testing