AI risk assessment for regulated industries

Risk you can put a number on.

Calibrate estimates the probability of each risk your organisation carries, shows the evidence behind the estimate, and leaves the decision with you.

Built forBankingFinanceLawMedicineConstructionCybersecurityAI

Quantified risk is dispersed fear.

Fear is what a risk feels like before it has a size. Give it a probability, a range and an owner, and it becomes something you can plan around.

Approach

"High", "medium" and "low" mean something different to everyone in the room.

A percentage does not. Calibrate replaces colour ratings with probabilities over a stated period, so a risk committee, a board and a supervisor are all reading the same thing.

What calibrated means. Of ten risks rated at 10%, about one should happen. An estimate that holds to that standard is one you can plan around.

Glass office facade reflecting a warm evening sky

Estimate

A probability, with a range

Every risk gets a likelihood over your horizon and an interval around it. Where the data is thin the interval is wide, and the estimate says so.

Evidence

Reasons you can check

Each driver that moved the number points to its source: an incident, a control test, a supplier record, a line from a meeting.

Outcome

Scored against what happened

As incidents and near-misses are logged, past estimates are compared with outcomes, so you can see how well the numbers have held.

Platform

See what moves the number, and what would bring it down.

Choose a sector to see an example estimate. Switch on the proposed safeguard to see its effect on the probability.

  • LikelihoodChance of the event within twelve months, with an 80% interval.
  • DriversWhat raised or lowered the estimate, in percentage points.
  • SafeguardA proposed control and the estimate with it in place. You accept, adjust or dismiss it.
Example data

chance in the next 12 months
80% interval

    Sectors

    Tailored to the work you do and the rules you answer to.

    Each sector has its own risk library, its own evidence sources and the frameworks it reports against.

    Banking

    Operational resilience, critical third parties, concentration and exit, incident reporting.

    DORA · EBA outsourcing guidelines · Basel operational risk

    Finance

    Model risk, conduct, reserving and outsourcing.

    Solvency II · MiFID II · AML

    Law

    Confidentiality, conflicts, deadlines, AI on privileged material.

    GDPR · professional secrecy · AML

    Medicine

    Patient safety, decision support, device software, medication.

    MDR · ISO 14971 · patient safety law

    Construction

    Work at height, lifting, subcontractor chains, schedule pressure.

    ISO 45001 · work environment rules

    Cybersecurity

    Ransomware, identity compromise, supplier breaches, recovery time.

    NIS2 · ISO/IEC 27001 · CIS Controls

    AI

    Out-of-scope behaviour, drift, data leakage, high-risk use cases.

    EU AI Act · ISO/IEC 42001 · NIST AI RMF

    A team in discussion around a meeting table by a window

    How it works

    From the register you have to a decision you can defend.

    1. Bring what you have

      A risk register, incident log, supplier list, or the recording of a risk workshop. Calibrate reads it and flags duplicates, missing owners and overdue actions.

    2. Review the estimates

      Each risk comes back with a probability, a range, its drivers and proposed safeguards. Nothing in your register changes yet.

    3. Decide, and keep the record

      Accept, adjust or dismiss each proposal with a reason. The decision, its evidence and its date go into the committee pack.

    Governance

    The model estimates. Accountability stays with people.

    Nothing changes without confirmation

    Proposals arrive as tracked changes. Every applied change can be undone.

    No estimate without evidence

    A driver the model cannot source is removed before you see it.

    Your ratings are yours

    The model never overwrites a likelihood or impact rating. It proposes and explains.

    Counted by code

    Appetite position, indicators and overdue items are computed the same way every time.

    Know your number before the committee asks.

    Bring one register, or one risk you keep coming back to. In a 40-minute walkthrough we run it through Calibrate with you, and you keep the result.

    Book a walkthrough hello@calibrate.works