Diligent, a leading GRC SaaS company, has announced the launch of Diligent AI, a powerful set of capabilities within the Diligent One Platform. Diligent AI aims to empower governance, risk, and compliance professionals to better manage and respond to risk. The platform offers features such as risk disclosure peer analysis, board material summarization, and regulatory compliance mapping. It also provides AI-powered insights into a company's ESG focus and self-disclosed risk factors, enabling peer comparison and identification of industry trends. Diligent plans to add additional capabilities to Diligent AI in the future to further enhance risk mitigation and adapt to changing regulatory requirements. The use of Generative AI in GRC is guided by Diligent's commitment to safety, security, and ethical use of AI. Diligent AI is part of the Diligent One Platform, which aims to elevate governance and clarify risk for organizations. Diligent AI enables users to identify risks, safeguard data, and democratize decision-making processes. The AI capabilities include creating efficient summaries of board materials, providing insights into a company's ESG focus and risk factors, simplifying the process of mapping internal controls to regulatory requirements, and empowering users to create and troubleshoot data integrations and analytics scripts. Diligent plans to add more capabilities to Diligent AI in the future. The company emphasizes its commitment to the safe, secure, and ethical use of AI, ensuring that users' data stays their own and that generated content is clearly labeled and used with their prior consent.
LRN Corporation has also unveiled Catalyst Engage.AI, an AI-driven functionality designed to enhance the learner experience. The functionality is first being introduced through three AI-enabled microlearnings for Anti-Bribery & Corruption, Anti-Money Laundering, and Conflicts of Interest. LRN plans to introduce new AI-enabled solutions and learning experiences in 2024 and 2025. The Engage.AI functionality provides a personalized learning experience by adapting to each learner's responses. According to LRN's 2024 Ethics & Compliance Program Effectiveness Report, over half of high-performing E&C programs have implemented custom content to address specific risks or challenges. [6c0e72af] [36b225bd]