Article 16. Algorithmic System Accuracy Reviews – Choosing the Right Approach

Spoken (by a human) version of this article.

• Outcome-focused accuracy reviews directly verify results, offering more robust assurance than process-focused methods.
• This approach can catch translation errors, unintended consequences, and edge cases that process reviews might miss.
• While more time-consuming and complex, outcome-focused reviews provide deeper insights into system reliability and accuracy.

This article explains why verifying outcomes is preferred over tracing through processes, and how it works.

About this podcast

A podcast for Financial Services leaders, where we discuss fairness and accuracy in the use of data, algorithms, and AI.

Hosted by Yusuf Moolla.
Produced by Risk Insights (riskinsights.com.au).