AI Obligations

Overview

Many industries are witnessing the rapid adoption of Artificial Intelligence (AI) technologies to gain a competitive edge. However, this progress comes with an emerging burden of regulatory compliance. New AI-related regulations are already published for the EU and are expected to be implemented in UK, US and other markets around the world, adding to existing regulatory, legislative and compliance requirements.

Managing these overlapping regulations creates significant challenges for senior and C-level executives and failing to comply with AI regulatory obligations can result in substantial fines and reputational damage.

Effective AI governance, risk management, and compliance processes are essential to navigate this complex regulatory landscape. Yexle's AI Obligations solution, built on the Appian low/no-code platform, offers a comprehensive solution to address these challenges and provide the guardrails for continued innovation and disruption with AI technologies.

Yexle's AI Obligations solution simplifies compliance management in these essential areas:

• AI Compliance: Ensure your AI technology adheres to regulations with solutions for accurate validation of its use
• Regulatory Reporting: Effortlessly handle regulatory filings and reporting, with a robust audit trail and automated reporting
• Global Compliance: Flexibly manage compliance across various regulatory frameworks, multiple entities, geographies and regions
• Standardized Governance: Implement common solutions across teams for unified risk management, fostering standardized governance functions

Key Features & Functionality

• Customer-Driven Design: Developed with industry expertise, ensuring solutions are practical and effective for real-world needs
• Pre-built & Customizable: Leverage out-of-the-box solutions and easily configure them to seamlessly fit your specific compliance framework
• Global Compliance Optimization: Tools to optimize the platform for multi-region and multi-jurisdiction entities
• Standardized Reporting & Governance: Integrate best practices for consistent internal and external reporting, fostering strong governance
• Automated Workflows: Manage event-driven cases and breaches with automated workflows
• Comprehensive Coverage: Features include external document capture, secure access controls, and complete audit trails for comprehensive compliance

Benefits & Business Impact

• Operational Efficiency: Streamline governance and risk management processes, reducing administrative costs and improving business performance
• Enhanced Visibility and Reporting: Improve internal and external compliance reporting for better oversight
• Configurable and Scalable: Utilizing the Appian platform, these solutions are customizable, ensuring continuous compliance and adaptability to evolving regulations
• Future Proofing: Adapt to new regulations with scalable solutions, ensuring long term compliance