BLDS provides consulting services relating to the application of statistics and economics to questions of law and regulation. The firm has extensive experience in deploying statistical methods in the context of credit and marketing decisions that comply with anti-discrimination laws. The firm has also helped clients in a variety of other industries, including insurance and healthcare services. In recent years, BLDS has focused on the development and implementation of techniques that provide a clearer understanding of AI decision-making and evaluate the fairness of such models. BLDS established an algorithmic fairness software company and corresponding product, SolasAI, used by many of its clients to find fairer and highly predictive models.

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FinRegLab is extending its investigation of the adoption of artificial intelligence in financial services through a policy analysis focused on the growing use of machine learning models for underwriting credit and a January 17 webinar with senior federal financial regulators to discuss generative AI and other recent developments.