AI Assurance
Maximising Risk Management with Continuous Assurance.
Artificial Intelligence can help organisations with their processes, optimisation, risk governance and control
Financial services have become increasingly automated and sophisticated, further highlighting the importance of advanced technology assistance to bring assurance. Ensuring effective process management and ongoing effective controls and oversight requires the ability to manage vast amounts of data from multiple sources across various jurisdictions and time zones.
These can present a challenge to ensuring robust processes, meaningful and constant oversight, learning and improvement.
Artificial intelligence is not just a buzzword, but one of the decades’ most significant and impactful revolutions.
By using AI enabled self-assurance solutions, firms can further mitigate risks, seek opportunities to optimise, reduce cost, drive effectiveness, and gain a competitive advantage.
Driving data driven process & assurance outcomes. Bringing scale, efficiency, control & accelerated time to market
Often issues arise for firms when they have GRC in place, but it turns out these controls are not sufficient, or have not captured adequate data. Trilogy can provide ongoing assurance and insight about your current controls.
A real-time ongoing audit
You can use Trilogy to review or remediate your operational processes and operational resilience. This could be a one-off review, however the full benefits is received through on going review.
Providing on going assurance
Investigate and interrogate, inform and predict, using Trilogy to obtain strategic insights into your business and data. Enable accurate risk appetite profiling. Increase potential commercial opportunity.
Business optimisation
Introducing Trilogy…..AI Enabled Assurance
Underpinned by a powerful end-to-end unified ML & AI enabled platform, Trilogy provides firms the opportunity to self-assurance frameworks, processes, and controls through applying models which monitor, review, and determine key decision-making opportunities, to enhance and potentially improve.
It has the flexibility to nurture the data scientist ‘creativity’, operationalise the execution and automate the orchestration of monitoring and retraining.
It enables the collaborative design of AI application, seamless integration with data, experiments and models allowing firms to create scalable and reliable applications. This better defines mission critical AI applications, usable in everyday tasks.
With the power to learn and predict, the opportunities are endless. Leveraging all the features present, every firm can make the most out of data and models.
Thematically the reach of Trilogy has been categorised into the following six key areas.
Process & Life Cycle management
Trilogy can help provide all types of processes by powerful data management, insight and analysis.
E.g. in the trading area, this could include be pre trade to execution and post trade processes.
Audit effectiveness
Trilogy can bring data to scale, scope, efficency and continous capability to any audit process, whether carried out by the business or internal audit function , or external collaborators.
Risk Management
Trilogy can enhance risk management processes.
This can include ensuring full data review, accelerating full data decision making or gaining insight to themes and trends.
Resilience
Trilogy can enhance operational resilience through improved supervision and control frameworks.
This will provide improved ongoing operational effectiveness.
Business Optimisation
Trilogy can optimise business processes, to reduce costs and maximise performance.
Examples could include balance sheet and entity management, collateral usage and funding enhancements.
Governance & Oversight
Real time supervision and reporting of themes and predicitive trends. Ability to dynamically evolve the process, control, decision.