Fair Lending Testing

The FAIRLY platform performs fair lending testing using a combination of techniques and methodologies.

How does FAIRLY perform fair lending testing?

The platform uses a combination of techniques and testing methodologies that are industry standards and best-in-class to perform fair lending testing:

• BISG/BISFG Inference - Infer race information based on names and geo locations.This is needed when race/ethnicity information is not provided
• Data Drift Analysis for Protected Classes - Data drift analysis comparing different protected classes
• ISO/IEC TR 24027 Model Tests - Standard performance and bias testing
• Solas AI - Performance and bias tests using our partner Solas AI
• Faker - to generate fake PII data for bias testing
• Feature Importance Analysis
• Feature Relative Advantages
• Feature Stability
• Challenger Models

Please see corresponding sections for more details.