How does your AI measure up? Take the 10-minute check
11 November, 2026
FinTech Wales has partnered with CarefulAI to give members access to the PRIDAR AI Check: a 10-minute self-assessment designed around the FCA’s published good practice and areas for improvement for AI in financial services.
Whether you develop your own AI or use systems provided by others, the check offers a practical starting point for understanding where you stand and what needs attention.
Want more detail before you begin?
Download the full PRIDAR AI Check briefing for FinTech Wales members (PDF)
Who should complete the check?
The check is designed for one senior person with oversight of an AI system. Depending on your organisation, this could be a founder, director, senior manager, or someone responsible for technology, risk, compliance or AI governance.
Choose someone who understands how the system is used, who is accountable for it and what controls are in place. You don’t need to be a developer or have built the system yourself.
Use AI supplied by another company? The check is relevant to you too. It can help you identify questions to ask your provider, and you’ll receive a link to invite your suppliers to complete their own assessment.
Each check covers one AI system. If you’re unsure about an answer, select “Not sure” rather than guess — that uncertainty can help highlight where further information is needed.
What does the check cover?
The assessment asks 15 questions covering three key areas:
- Consumer Duty: designing for customer needs, considering vulnerable consumers, being clear about AI use and reviewing outcomes.
- Accountability: ownership, sign-off, human review, incident procedures and staff training.
- Planning for failure: understanding AI dependencies and preparing for changes or failures involving your system or its provider.
What will you receive?
Your results arrive directly by email, giving you:
- Your risk score and comparison: see how your answers compare with the sector benchmark and, once at least five members have participated, other FinTech Wales members.
- Your critical gaps: understand which controls need attention and how they relate to the FCA’s published good practice.
- Suggested priorities: use your results to support discussions with colleagues, your board, auditors or insurers.
- A way to check your AI suppliers: share a link so suppliers can complete the same assessment. You can see their results to the extent they agree to share them.
The sector benchmark is initially an illustrative composite until enough real responses are available.
Your individual results stay private
Your individual results are emailed only to you and are never shared with FinTech Wales.
FinTech Wales receives an anonymised community report to help us understand where members need support and shape future workshops and events. No member is named, and results are not shown for groups smaller than five.
Suppliers choose which of their results to share with you. They do not receive your results.
How to take part
- Choose one AI system your organisation develops or uses.
- Identify a senior person with oversight of that system to complete the check.
- Allow around 10 minutes to answer the 15 questions.
- Receive your results and suggested actions by email.
This link includes the FinTech Wales community code, so your participation contributes to the anonymised member benchmark.
About the assessment
The PRIDAR AI Check is a self-assessment developed by CarefulAI, with questions mapped to the FCA publication. It is not an official FCA test or a full assessment of compliance. Results reflect one person’s self-reported view of one AI system and do not constitute legal, regulatory or insurance advice.