Seven challenges for harmonizing explainability requirements
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Abstract (arXiv)
Regulators have signalled an interest in adopting explainable AI(XAI) techniques to handle the diverse needs for model governance, operational servicing, and compliance in the financial services industry. In this short overview, we review the recent technical literature in XAI and argue that based on our current understanding of the field, the use of XAI techniques in practice necessitate a highly contextualized approach considering the specific needs of stakeholders for particular business applications.
Key facts. Cited by 4 papers in the map (data through 14 Oct 2026). Builds on 54 of its 98 references that are in the map. First posted on arXiv 11 Aug 2021.
Builds on
54 of 98 references.
References · 54
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38 more
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Citing papers per year: 2022: 2; 2023: 2.
4 papers.
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- 2023A Comprehensive Review on Financial Explainable AIcited by 10
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- 2023A Comprehensive Review on Financial Explainable AI21 Sep 2023
- 2023Five policy uses of algorithmic transparency and explainability6 Feb 2023
- 2022Monotonic Neural Additive Models: Pursuing Regulated Machine Learning Models for Credit Scoring21 Sep 2022
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