KPMG professionals firmly believe in the transformative power of AI, recognizing that its full potential is unleashed when coupled with human expertise and ingenuity. With a history spanning over 150 years, KPMG firms have been at the forefront of leveraging new technologies to inspire confidence and empower change,, blending deep industry expertise and process know-how with cutting-edge technology alliances. This helps accelerate the value derived from AI. Embracing the opportunities AI presents, shows equal dedication to deploying this technology responsibly, with a commitment to trustworthiness, safety, and freedom from bias. This commitment is encapsulated in the principles, ethical pillars, and governance approach known as KPMG Trusted AI.
How KPMG professionals can help
KPMG firms offer a wide range of support, from foundational components to implementing efficient processes, data infrastructure and risk reporting, helping create a detailed maturity assessment for your risk function. The assessment helps identify change opportunities, creates action plans and sets out a roadmap that benchmarks your progress against industry peers.
The approach revolves around connecting organizations with emerging technology solutions and leveraging these innovations to help achieve their strategic and business goals. KPMG firms offer support in navigating regulatory challenges and enhancing efficiency through standardized processes and cloud-based solutions. KPMG professionals bring a deep understanding of risk management, coupled with the innovative digital solutions and specialized guidance you may need to not only meet regulatory requirements but also drive strategic growth and innovation.
KPMG professionals help tailor frameworks designed to embed Trusted AI principles into various stages of your AI initiatives. Risk assessments for single AI/machine learning (ML) algorithms as well as broad assessment reviews of entire AI programs. Development of AI policies and procedures based on principles of integrity, fairness, resilience and explainability.
KPMG professionals help you ensure accountability throughout the AI lifecycle to integrate trust into your broader ML (Machine Learning) processes. Establish and implement governance, policies, procedures and operating models spanning the AI ecosystem including training, evaluating and continuous monitoring of AI models.
KPMG professionals help you anticipate the impacts of AI regulations and compliance requirements on your AI systems. Conduct detailed checks to align your AI practices with international and industry-specific regulations. Continuous monitoring and updates to keep your AI systems compliant in a rapidly evolving regulatory landscape.
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Transforming for a future of value
Connected. Powered. Trusted. Elevate. KPMG firms' suite of business transformation technology solutions can help you engineer a different future – of new opportunities that are designed to create and protect value.
