T27. Algorithm approval

Decisions approving algorithms and algorithm versions for operational use should be informed and preceded by a careful review of the algorithm.

Prior to deciding to deploy an algorithm or algorithm version, the AI owner should review all documentation on the algorithm and associated and ensure that the algorithm meets the performance targets for deployment.

At times, the organization may have limited access to the algorithms in its AI system. In these cases, the approval process should review all available documentation and make a decision on whether deploying the algorithm creates risks that do exceed the organization’s risk tolerance or breach its legal obligations.