Ethics & Compliance Learning
5 Key Takeaways from SAI360’s September 2024 Release
SAI360’s September 2024 release highlights our ongoing commitment to innovation in risk and compliance.
What’s new? Our update introduces a suite of AI-driven tools, expanded training options, and enhanced reporting capabilities. Taken together, these advancements are fueling organizations with the critical resources they need to strengthen their risk management strategies and maintain compliance.
Here’s a quick summary of how our release enhances risk and compliance strategies for companies and organizations across industries.
A New Era of AI-Driven Automation
Our AI Audit Assistant is a new tool that automates the often time-consuming process of reviewing audit evidence. This means manual tasks can become a thing of the past. It can quickly analyze documents like SOC2 reports. And provide answers to audit questions in real-time.
By streamlining workflows and reducing the risk of human error, this AI-driven solution helps organizations meet compliance requirements faster and more efficiently.
Centralized Model Risk Management
Our new Model Risk Management feature simplifies how organizations handle risk models. Bringing all risk models into one central platform makes it easier to ensure consistency across validation, testing, and assessments. This feature improves visibility, but it also evaluates critical factors like data quality and organizational impact.
Why does this matter? This allows for more informed decision-making when it comes to risk management. This centralized approach can also reduce the complexity involved in managing multiple models across different departments.
Expanded Regulatory Content Integration
With regulatory environments constantly evolving, SAI360’s expanded integration capabilities with trusted regulatory content providers like LexisNexis, Thomson Reuters, and Reg-Room Reg-Track, automate regulatory monitoring and content imports. This enables compliance teams to keep up with the latest requirements more easily. The enhanced support for regulatory compliance ensures organizations are always audit-ready. This means no more having to conduct last-minute scrambles to meet standards.
Enhanced Risk Intelligence Dashboards
Organizations can now leverage new operational risk and vendor intelligence dashboards that provide real-time insights into essential metrics. These include factors like vendor performance, incident tracking, and contract renewals.
This data helps companies stay ahead of potential risks by providing a more comprehensive view of their operational and vendor-related exposures.
The ability to quickly analyze vendor risks and monitor operational resilience is crucial for staying competitive and proactive and we’re excited to help organizations stay ahead of the curve in this manner.
Broadened Ethics & Compliance Training Content
SAI360 continues to expand its ethics and compliance training library with fresh content addressing some of the most relevant topics organizations face today.
New resources are available for important topics including AI safety, anti-harassment, Diversity, Equity & Inclusion (DE&I), and workplace violence prevention. Importantly, these training materials are tailored for employees but also extend outward to third-party partners. This approach ensures everyone aligned with the organization’s values is up to date.
For industries with deskless workers, like manufacturing and retail, SAI360 offers job aids and also offline learning solutions, including Press-Play Video courses (see our case study here). It’s about making training accessible wherever employees are.
Learn More About Our Newest Release Here
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