KPMG Unveils AI Trust to Guarantee Governance, Security, and Compliance of AI
KPMG has introduced its new portfolio of services, KPMG AI Trust, designed to support clients in tackling the intricacies of scaling AI use cases with confidence in their reliability, transparency, and accountability.
Driven by the expertise of KPMG's Trusted AI framework and the ServiceNow AI Control Tower, the suite provides a complete set of tools and processes intended to facilitate AI lifecycle management, from strategy through operations designed to ensure secure and ethical AI systems.
The Growing Need for AI Governance
As AI is quickly becoming a business strategy pillar, organizations are increasingly struggling to control data privacy and security risks. In KPMG's AI Quarterly Pulse survey, 82% of leaders view risk management as a major challenge, and 73% value data privacy when choosing a generative AI (LLM) provider.
Nonetheless, the latest Trust in AI report showed that just 46% of individuals worldwide trust in AI systems, highlighting the necessity for effective AI regulation to promote consumer trust and regulatory alignment.
Bryan McGowan, Global Trusted AI Leader at KPMG, said, “We are at a critical turning point where AI is moving fast, but governance is lagging. It's not enough for AI to simply work; it needs to be trustworthy.
He added, “By activating KPMG AI Trust with alliance partners like ServiceNow, we are taking a significant step forward in AI governance to set a new standard for AI risk management across all industries.”
KPMG AI Trust: Key Features
KPMG AI Trust uses advanced AI technology to manage risks across the AI lifecycle, from intake to deployment and monitoring. Key features include risk-tiered evaluations, centralized AI tools with Trusted AI Controls, pre-launch validations, and dynamic regulatory assessments.
Powered by ServiceNow’s AI technology, these automated services ensure AI systems are secure, compliant, and aligned with evolving regulations.
KPMG AI Trust integrates seamlessly with ServiceNow’s AI Control Tower, a powerful platform designed to continuously update and manage AI governance.
Clients can automate AI-related compliance processes, ensuring real-time monitoring of regulatory and internal controls. Furthermore, the solution integrates with ServiceNow’s Integrated Risk Management software and SecOps module, enhancing the security of LLM-based platforms.
Also read: Japan Seeks to Become “Most AI-Friendly Country” Under New Bill
To further streamline AI governance, KPMG will support AI Trust through KPMG Velocity, a new AI service delivery platform launching later this year. KPMG Velocity integrates consulting services, technological solutions, and strategic alliances into a unified platform, helping enterprises adopt AI more efficiently and securely.
