Highlights:

  • The Securiti Compliance Management solution leverages technology to minimize manual labor, automate compliance processes, and adhere to recent AI regulations, including the European Union AI Act, the NIST AI Risk Management Framework, and the Singapore Model AI Governance Framework.
  • Users of Securiti Compliance Management solutions also benefit from access to Securiti Copilot, a generative AI chatbot capable of providing information on regulatory requirements through natural language queries.

Unified data control startup Securiti Inc. recently unveiled a new automated compliance management solution designed to empower enterprises to efficiently navigate complex artificial intelligence and data regulations with greater ease.

The new Securiti Compliance Management solution aims to tackle the challenge of companies frequently depending on costly and error-prone manual processes to maintain compliance with data regulations. Recently, the rapid ascent of AI has introduced many new regulations that organizations must adhere to.

The new solution leverages technology to minimize manual labor, automate compliance processes, and adhere to recent AI regulations, including the European Union AI Act, the NIST AI Risk Management Framework, and the Singapore Model AI Governance Framework. Additionally, the solution aids businesses in navigating complex overlapping regulations, cutting costs associated with compliance, and facilitating streamlined collaboration across organizational silos.

The Securiti Compliance Management platform automates compliance through global AI and data frameworks, employing standard controls and tests for efficiency.

Key features include the capability to manage and customize compliance projects tailored to specific compliance initiatives, along with project-level reports for monitoring purposes. The service harnesses a framework library comprising a built-in repository of compliance standards and regulations that can be tailored to unique requirements.

Users can automate compliance tests utilizing a comprehensive library of predefined tests designed for multiple frameworks. Options encompass the capability to craft customized tests that automatically assess compliance and populate Securiti’s Data Command Graph. Testing can also be enhanced with human insights through targeted assessments, ensuring a comprehensive compliance evaluation.

Users of Securiti Compliance Management solutions also benefit from access to Securiti Copilot, a generative AI chatbot capable of providing information on regulatory requirements through natural language queries. Securiti emphasizes that Copilot eases the load on compliance teams, enabling a more profound comprehension and implementation of regulations through AI-driven support.

Chief Executive Rehan Jalil stated, “Data teams within an organization often work in isolation, unaware they’re duplicating efforts in establishing best practices for data and AI governance, which drains IT resources and hampers innovation. Our holistic approach to automated compliance prepares organizations to succeed in compliant business initiatives with agility, efficiency, and specificity.”

Securiti, a venture capital-backed startup, secured a funding round of USD 75 million in October 2022, followed by additional funding in March 2023. Notable investors include Citi Ventures LLC, Capital One Financial Corp., Mayfield Fund, and General Catalyst Group Management LLC.