AuditBoard and EY US Collaborate on AI Risk Management Solutions
Partnership Overview: AuditBoard has partnered with Ernst & Young (EY US) to integrate its AI-powered risk management platform with EY.ai for Risk, aiming to enhance client support in navigating complex risk landscapes.
Market Demand for Risk Management: A report from AuditBoard indicates that 70% of enterprises plan to increase their risk management teams in the next two years, with 40% specifically looking to hire more cybersecurity professionals.
Strategic Goals: The collaboration seeks to create a more intelligent and integrated ecosystem for risk management, allowing organizations to better manage risks and focus on competitive advantages.
Local Support Initiatives: In addition to the partnership, EY has established a Centre of Excellence in the UK to provide tailored consulting and integration services for AuditBoard clients, enhancing local support for risk management transformation.
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