AuditBoard, the global platform for connected risk management, has launched a new AI governance solution designed to help organisations fast-track their AI risk management programmes and promote responsible AI innovation.
The launch was announced at the RSAC™ Conference in San Francisco, California.
The move comes as the demand for effective AI governance continues to grow, with organisations across sectors integrating AI into their operations at an increasing pace.
A recent survey by AuditBoard and Ascend2 revealed that 72% of audit, risk, and compliance professionals expect AI to significantly impact their risk management processes. While enthusiasm for AI’s potential remains high, the findings underline the importance of balancing innovation with responsible deployment.
AuditBoard’s AI governance solution has been built to align with recognised best practice frameworks such as the National Institute of Standards and Technology’s AI Risk Management Framework (NIST AI RMF). It aims to help companies mitigate cyber, reputational, and financial risks associated with non-compliance.
AuditBoard chief technology officer Happy Wang said, “This solution will help compliance teams address the widespread and urgent need for AI governance we are seeing across all industries.
“Our customers can now quickly identify, assess, and mitigate potential risks associated with AI systems, ensuring a more efficient and proactive approach to managing AI.”
Key features of the new solution include streamlined intake, review, and approval processes for AI use cases, as well as the establishment of a single source of truth for authorised AI models. It also provides dynamic links between AI risks, vendors, assets, and controls, helping organisations to maintain continuous oversight across their ecosystems.
AuditBoard general counsel Anthony Plachy said, “My team is responsible for assessing each AI use case at AuditBoard and ultimately giving the green light.
“With the surge in AI tools we are seeing in the market, our use cases across the business have started to increase rapidly. The team was able to build this AI governance solution to help us manage the uptick of requests we have coming in, while ensuring each use case meets our internal AI governance standards. This solution has fundamentally transformed our team’s work, and we’re confident it will empower our customers to effectively navigate their AI journey.”
AuditBoard is showcasing its new AI governance capabilities at the RSAC conference.
AuditBoard supports more than 50% of the Fortune 500 with audit, risk, and compliance management solutions. It has been recognised as a top-rated platform by G2, Capterra, and Gartner Peer Insights, and has featured for six consecutive years in Deloitte’s ranking of the fastest-growing technology companies in North America.
Keep up with all the latest FinTech news here
Copyright © 2025 FinTech Global
Copyright © 2018 RegTech Analyst
