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KPMG launches AI Trust suite to aid risk & compliance efforts
KPMG launches AI Trust suite to aid risk & compliance efforts

Techday NZ

time08-05-2025

  • Business
  • Techday NZ

KPMG launches AI Trust suite to aid risk & compliance efforts

KPMG has introduced a suite of AI Trust services designed to support organisations in strengthening governance, reliability, accountability, and transparency in the deployment of artificial intelligence. KPMG AI Trust has been developed using the company's Trusted AI framework alongside the ServiceNow AI Control Tower. These new services are aimed at addressing the full lifecycle of AI adoption, from strategic planning to operational management. The offerings form part of KPMG's alliance with ServiceNow, a provider of cloud-based workflow automation platforms. KPMG is utilising ServiceNow's AI technology to develop industry-focused tools meant to help clients manage risks associated with AI, including readiness, compliance, legal considerations, regulatory demands, security, and risk transformation. The suite provides organisations with tools to navigate each stage of AI integration. It includes a risk-tiered AI Solution Intake Evaluation for risk assessment, centralised AI Inventory and Controls to apply policies and risk standards, pre-launch validation of AI solutions to ensure thorough vetting before deployment, and Dynamic Regulatory Applicability Assessments to continuously monitor and adapt to changing regulatory environments. According to the KPMG AI Quarterly Pulse survey, risk management is identified as the main challenge for 82% of business leaders looking ahead to 2025. The same survey indicates that 73% of respondents prioritise data privacy and security when choosing a generative AI large language model provider. Only 46% of participants in the Trust, attitudes and use of artificial intelligence global study reported that they are willing to trust AI systems. Bryan McGowan, Global Trusted AI Leader and US Trusted AI Leader at KPMG in the US, 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. 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 leverages agentic AI enabled through ServiceNow to deliver what it describes as scalable and automated governance protocols. These features are intended to help organisations address AI-related risks, achieve compliance, and build public and consumer trust in AI systems as they become integral to business strategy and value creation. The services cover critical functions such as assessment, inventory, integration, workflow, and reporting, supporting a systematic approach to responsible AI development and management. KPMG representatives state that these protocols are designed to ensure security, compliance, and ethical standards across deployed AI solutions. Further support will be provided through KPMG Velocity, set to launch later in the year. KPMG Velocity is designed to bring together consulting services, technology solutions, methodologies, and alliances within an AI-focused delivery platform and ecosystem. KPMG is working to keep AI governance frameworks up-to-date as technology and regulatory requirements evolve. Through the integration of ServiceNow's AI Control Tower, clients can automate compliance processes related to AI, ensuring real-time monitoring for regulatory and internal control compliance. The ServiceNow AI Control Tower can be embedded into organisational platforms for ongoing compliance oversight. The AI governance solutions can be used alongside ServiceNow's large language models but are also compatible with other language model platforms. Clients can integrate these services with ServiceNow's Integrated Risk Management software and incorporate the ServiceNow SecOps module, which is aimed at enhancing security for large language model deployments. Michael Park, SVP and Global Head of AI Go-to-Market at ServiceNow, said, "Organizations must embed robust safeguards within AI systems and proactively anticipate evolving challenges. By adopting a forward-thinking approach to AI risk management today, businesses can fortify resilience, safeguard their assets, and fully harness the transformative power of AI innovation." ServiceNow is listed as a principal technology provider within KPMG's broader alliance ecosystem, which is focusing on supporting organisations to automate AI adoption and manage the associated risks.

Want To Study In Canada? Know Admission Timeline And Other Key Details
Want To Study In Canada? Know Admission Timeline And Other Key Details

NDTV

time08-05-2025

  • General
  • NDTV

Want To Study In Canada? Know Admission Timeline And Other Key Details

Study In Canada: The Fall Intake in Canada, also known as the September Intake, is the most popular and significant admission cycle for international students. Most top-ranked Canadian universities and colleges offer the majority of their programmes during this intake, which usually begins in September or October. Given the long and competitive application process, students aiming for the Fall 2026 Intake should begin their preparations as early as 2025. When Does Application Process Begin? Universities are expected to start accepting applications for the Fall 2026 Intake from October 2025 onwards. As institutions receive a large volume of applications in a short period, it's crucial for aspirants to begin early and stay ahead in the process. Detailed Timeline for Fall Intake 2026 April-August 2025: Begin by researching universities and programmes that align with your academic goals. Shortlist institutions based on your preferences and download their admission brochures to understand course offerings, facilities, and eligibility criteria. May-September 2025: Register for and complete required standardised tests such as IELTS or TOEFL. Some programmes may also require GRE or GMAT scores. Make sure to appear for these exams during this period and keep the score reports ready. October 2025-January 2026: Once you have the test scores and other necessary documents, start filling out application forms on the official university websites. Collect letters of recommendation from teachers or professors and prepare your Statement of Purpose (SOP) and admission essays. January-March 2026: After submitting the applications, monitor your email regularly for updates from universities. Some institutions may schedule interviews as part of the selection process. If selected, you will receive an official offer or acceptance letter. February-May 2026: Arrange funds for tuition and living expenses. Look into student accommodation options in Canada. Begin the paperwork for your Canadian student visa, ensuring you meet all requirements. Once the visa is approved, book your flight tickets to Canada. Since deadlines vary by university and course, it is essential to check individual institutions' timelines and requirements. Early preparation is key to securing a place in a Canadian university for the Fall 2026 session.

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