Boutique AI Risk Advisory in Colorado — Colorado AI Act Impact Assessments, Bias Testing, Responsible AI & AI Governance

KNS
AI Risk Advisory

Responsible AI consulting focused on Colorado AI Act impact assessments, bias testing, AI governance, and AI risk management for U.S. organizations.

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About Us

Who we are

Risk and AI Specialists

Over a decade of blending the model lifecycle of AI Systems with robust risk management practices.

What we believe

Responsible and Resilient

Real-world impact, fairness, and transparency are cornerstone measurements of AI maturity.

How we work

Fast and Pragmatic

Customized, lightweight playbooks, measurable tests, and clear reports your executives, customers, and regulators can use.

Industries We Serve

Focused expertise for U.S. Healthcare and Financial Services across all model types.

Healthcare

  • Clinical decision support
  • Patient risk scoring
  • Virtual triage
  • Ops, Claims, & admin automation
  • Subrogation & payment integrity

Financial Services

  • Credit & default underwriting
  • Fraud detection
  • Actuarial pricing models
  • Insurance underwriting & claims
  • Consumer & marketing analytics
  • AI agent & customer chatbots

Case Studies: Bias testing, patient risk scoring validation, and NIST AI RMF audit

How we established a client's bias testing framework, validated the appropriateness of a client's patient risk scoring tool, and ensured a client’s AI System compliance by aligning the NIST AI RMF with their model lifecycle.

Read the full case study

AI Risk Management & Governance Services

First-line playbooks. Second-line validation. Third-line audits.

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YTD Models Reviewed
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YTD Bias Tests Completed
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YTD Playbooks Delivered

First Line of Defense

Enabling Model Owners and Chief Risk Officers to effectively monitor and mitigate critical risks their AI Systems face.

  • AI Governance Playbooks: Custom playbooks for AI model lifecycle, governance, and documentation.
  • Bias Testing Frameworks (Bias & Fairness Audits): Embed fairness and equity checks from development to deployment.
  • Compliance Guardrails: Tailor compliance with EO's, HIPAA, FCRA, OCC, NAIC, and NIST standards.
  • Chief Risk Officer Training: Equiping CRO's with the expertise to lead AI risk management within their business.

Second Line of Defense

Conducting independent model risk management (MRM) validations and establishing enterprise MRM policies.

  • MRM Validations: Objective testing of model transparency, accuracy, fairness, and resilience.
  • Challenge Function: Provide an independent “second look” to question model assumptions.
  • Enterprise Policies: Establishing review cadences, validation playbooks, and risk materiality thresholds.

Third Line of Defense

Executing AI audits ensuring AI systems are compliant. Expert guidance navigating external forces on your AI Systems.

  • Colorado AI Act Impact Assessments & NIST AI RMF‑Aligned AI Audits: Compliance reviews mapped to state laws and federal standards.
  • Internal Control Evaluations: Test governance processes, documentation, and escalation.
  • End-to-End Oversight: Confirm first- and second-line defenses are effective and aligned.
  • Operational Resilience Checks: Audit business continuity and disaster recovery for AI models.
  • Third-Party & Vendor Audits: Review risk in external AI models and data providers.

FAQ: Colorado AI Act & Responsible AI

What is a Colorado AI Act impact assessment?

An impact assessment evaluates high‑risk AI systems for risks like bias, privacy, and safety, and documents mitigations to comply with Colorado’s AI law.

Do you perform AI bias testing and algorithmic audits?

Yes. We conduct bias & fairness testing across demographics, provide mitigation strategies, and document results for regulators and stakeholders.

How do you help with AI governance and NIST AI RMF?

We build lightweight governance playbooks aligned to the NIST AI Risk Management Framework, enabling transparent, accountable, and resilient AI.

KNS Careers

Help organizations build responsible, resilient AI.

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