Artificial Intelligence Governance

Artificial intelligence is one of the most powerful technologies of our time, and it is also one of the most complex, which reflects in the risks of its use.

Setting up a comprehensive, robust, and transparent AI governance framework is essential to proactively address financial and reputational risks when using an emerging technology. Governance frameworks can help assist you in developing and using AI applications in a trustworthy manner.

Your customers may increasingly require you to address the risks of artificial intelligence proactively, to avoid reputational risks, failing which you could lose business.

To whom do we recommend AI governance consulting?

For businesses that are aware of the steps they need to take for implementation of a governance framework but lack sufficient internal resources or the required special expertise.

For businesses that do not want to build an internal function but wish to outsource the Compliance function, whether in whole or in part.

For businesses looking for cost-effective support to comply with the regulations of an existing framework

Why is it useful?

You can be an early adopter of artificial intelligence governance practices, minimizing risk and maximizing productivity of this emerging technology.

Our efficient artificial intelligence compliance methodology helps businesses to significantly reduce the risks arising from official investigations, being fined and potential reputation loss.

We offer a comprehensive solution and specialist help for companies to comply with the requirements on artificial intelligence use.

During our consulting sessions, we answer any questions you may have and help you achieve compliance successfully.

As a result of the preparations, you can run your business in a more conscious, more efficient, and safer manner.

What do we do?

Artificial intelligence is a technology that permeates other software and the organization itself. We address AI risks in a complex or focused manner, based on your needs and risk universe.

Using proven good practices, our experts analyse your existing compliance framework, use of artificial intelligence and related business processes, deviations from the requirements of the relevant laws, and our trustworthy AI ethics and governance methodology and suggest improvements. Our governance framework address AI ethics, data privacy, information security and business risks arising from artificial intelligence use as well.

In case of client need, we assist in implementing solutions regarding artificial intelligence governance.

Why choose the services of ABT?

  • We are currently providing compliance services to several satisfied clients, and up to now, we have supported some of the leading multinational enterprises in Central and Eastern Europe in various digital compliance and risk management projects. Our managers have expertise and several years of experience in both IT security and data protection law.
  • We have professional competences and thorough knowledge of European data protection legislation and practice, particularly the new EU General Data Protection Regulation (GDPR) which is essential for cases where artificial intelligence is used for processing personal data.
  • We have in-depth knowledge about enterprise processes and information systems as well as data privacy, information security, governance, and risk management.
  • Our highly qualified employees are dedicated to keeping their knowledge up-to-date.
  • The ABT Treuhand Group has 35 years of experience in Switzerland and Hungary and an extensive international client base.
  • As a member of the Nexia network, our services are available worldwide.

Your personal contact:

Ferenc Smohay

Economist, CISA, Member of IIA Hungary, head of the Risk & Compliance division of ABT Treuhand Group

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