Corlytics has made history as the first dedicated RegTech firm to earn ISO/IEC 42001:2023 certification, positioning itself among a select group of global technology leaders with formally recognised AI governance standards.
The certification demonstrates the company’s enterprise-wide commitment to the ethical, transparent, and secure use of artificial intelligence across all product lines.
This milestone aligns Corlytics with international standards for AI governance at a time when regulatory scrutiny and security concerns are mounting. It also highlights the company’s end-to-end AI strategy, which spans six core competencies across the business and goes well beyond technical development or isolated innovation units. Corlytics’ approach mandates that AI risk mitigation, bias controls, and resilience frameworks are embedded throughout the entire lifecycle of its AI systems.
Industry concern around software vulnerabilities was recently highlighted by JP Morgan’s chief information security officer, who warned that rushed SaaS integrations are weakening the global economy. ISO 42001 directly addresses these issues by ensuring that certified organisations prioritise safety, transparency, and compliance with broader frameworks such as the EU AI Act and the UK’s National AI Strategy.
The certification was awarded after a rigorous, two-stage audit conducted by cybersecurity compliance specialist A-LIGN. With no non-conformities identified during the audit, Corlytics demonstrated full alignment with the international benchmark for AI management. Unlike firms that concentrate AI efforts solely on R&D, Corlytics has applied AI-by-design principles from inception, and these are reflected across its entire product suite, acquisitions, and internal processes.
Corlytics CEO and founder John Byrne said, “We have been using AI from our inception and have always been led by a strategy of AI-by-design.
“That means our clients will continue to benefit from our rigorous and disciplined approach to AI, without compromising on security, transparency or traceability. It’s also why we are a trusted partner for 40% of the world’s 30 largest banks, and how we’ve built solutions that have the breadth to tackle 30 million pages of regulation a year for our clients.”
The ISO certification comes one year after Verdane took a majority stake in Corlytics. Since then, the RegTech firm has expanded its AI governance framework across the enterprise, ensuring that every aspect of the business aligns with its AI Management System. This includes upcoming updates to both products and services scheduled for release later this year.
Corlytics chief data officer Oisín Boydell said, “This milestone reflects the years of investment Corlytics has made in building expert, ethical, intelligent AI. From the outset, our goal has been to embed AI safely and responsibly across our solutions ensuring our clients benefit from technology that is not only precise and efficient but deeply accountable.”
The ISO 42001 certification was obtained in collaboration with governance advisory firm Waystone Compliance Solutions.
Waystone managing director, compliance solutions, Conor Flynn said, “Congratulations to the Corlytics team on this landmark achievement. ISO 42001 will quickly become a gold standard for organisations adopting AI, and Corlytics has demonstrated both the strategic foresight and operational discipline to lead from the front.”
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