Due Diligence and Ongoing Monitoring

We are also experiencing vendors that are are starting to utilize or incorporate some form of A/I functionality so I'm curious as well if anyone has any recommendation.
One method we are trying out is creating custom questions specifically pertaining to how a vendor utilizes A/I and what measures, if any, they have in place for risk mitigation. We don't have a lot of luck since most vendors probably don't have a policy written out for A/I, at least from our experience. Thanks!

Would definitely like more information around what Venminder is seeing as it relates to AI and onboarding due diligence and contract language.

Original Message:
Sent: 05-18-2023 06:41 PM
From: Anonymous Member
Subject: Artificial Intelligence

This message was posted by a user wishing to remain anonymous

We are also experiencing vendors that are are starting to utilize or incorporate some form of A/I functionality so I'm curious as well if anyone has any recommendation.
One method we are trying out is creating custom questions specifically pertaining to how a vendor utilizes A/I and what measures, if any, they have in place for risk mitigation. We don't have a lot of luck since most vendors probably don't have a policy written out for A/I, at least from our experience. Thanks!

Hi Charity,
Venminder is currently working on developing educational content around this topic. As more information becomes available, I'll be sure to share that in this thread. Stay tuned!

Thank you,

Brittany Padgett
Community Manager

Original Message:
Sent: 05-22-2023 04:23 PM
From: Charity Kittrell
Subject: Artificial Intelligence

Would definitely like more information around what Venminder is seeing as it relates to AI and onboarding due diligence and contract language.