Diligent , the leading GRC SaaS company, has announced Diligent AI , a powerful set of artificial intelligence capabilities within the Diligent One platform that enhances how organizations understand, predict and mitigate risk, empowering users to identify risk, protect data and democratize the decision-making process, driving resilience and empowering organizations with more certainty and clarity than ever before.
“Enterprise executives face a dynamic and evolving risk environment, and it’s essential they can transform data into strategic intelligence to not only respond to risk, but predict and prevent it,” said Brian Stafford, president and CEO of Diligent. “Diligent’s AI-powered platform is uniquely positioned to connect all aspects of governance, risk and compliance, delivering customized insights to improve governance and clarify risk.”
Diligent AI helps executives scale critical insights by working collaboratively to make risk a shared concern across the organization; enables executives to scale resources to achieve greater results with intelligent automation; enhances stakeholder communication by disaggregating information for board members, chief financial officers, chief risk officers and other executives; and enhances decision-making by breaking down information silos across governance, risk and compliance (GRC) functions.
Improving governance for boards and management
- Create efficient, contextual board presentation outlines so directors can easily digest information and glean insights
- Providing AI-powered insights into companies’ ESG focus and self-disclosed risk factors, enabling competitive comparisons and helping to identify industry trends
- Get fast help with board-related questions with an AI-powered virtual assistant available 24/7
Identify risks for your audit, risk and compliance teams
- Simplify the cumbersome process of mapping internal controls to regulatory requirements, enabling GRC professionals to efficiently demonstrate compliance
- Identifies changes between two versions of the same regulation and classifies them as major, moderate, or minor, enabling users to efficiently update associated policies, risks, and controls
- Allowing users to create, edit and troubleshoot data integration and data analysis scripts using plain language, bringing Diligent’s powerful Robots capabilities (also known as ACL Analytics) to a wider audience
Over the coming months, additional capabilities will be implemented in Diligent AI to help GRC professionals better mitigate risk, stay on top of changing regulatory requirements, and empower company directors to operate more effectively in the face of increasing risk and information overload.
“Diligent AI extends the breadth of our Diligent One platform by empowering executives to respond to risk more quickly and effectively in a competitive environment,” said Phil Lim, Global AI Lead at Diligent. “Our thoughtful and ethical approach to the use of AI, based on industry-leading principles, means clients can rest assured that AI will safely and securely interact with their data and only with their prior consent.”
SOURCE: Businesswire