Riskonnect, the global leader in integrated risk management (IRM) solutions, announced the launch of its AI Governance solution, designed to help organizations confidently manage the risks and regulatory requirements associated with AI technologies-without hindering innovation.
As artificial intelligence continues to transform business operations, organizations are under increasing scrutiny to ensure its deployment is ethical, transparent, and aligned with regulatory expectations. Riskonnect’s latest offering addresses this growing need by providing a structured, comprehensive framework for governing AI across the enterprise.
Built into Riskonnect’s broader risk management suite, the new AI Governance capabilities empower organizations to demonstrate control and accountability while continuing to advance digital innovation and strategic initiatives.
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“AI has the power to unlock extraordinary value, but only if it’s governed with intention and integrity,” said Kathryn Carlson, chief product officer at Riskonnect. “Our new AI governance capabilities are built to help organizations turn uncertainty into opportunity by embedding responsible AI oversight into the fabric of their risk strategy. This new solution is all about enabling innovation safely, ethically, and transparently.”
Riskonnect’s AI Governance features are natively integrated into its Governance, Risk & Compliance (GRC) platform, giving stakeholders across departments a centralized hub to oversee AI usage. Because AI risks span legal, IT, compliance, and business functions, the platform promotes collaboration across teams to eliminate silos and unify oversight.
By enabling organizations to manage AI risk alongside other critical exposures—such as cybersecurity, third-party, operational, and regulatory risks—Riskonnect helps businesses embed responsible AI into their enterprise-wide risk strategies.