In a bold move to revolutionize risk management, AuditBoard and EY US have taken their alliance to new heights. This strategic partnership is a game-changer, bringing together cutting-edge technology and industry expertise to offer an unparalleled view of complex risks.
Unveiling the Future of Risk Management
As part of their collaboration, AuditBoard's innovative risk platform will be seamlessly integrated with EY.ai for Risk, creating a powerful synergy. This combination unlocks the unique strengths of both companies, providing clients with an efficient pathway to navigate the evolving risk landscape.
In today's fast-paced world, organizations face an unprecedented scale of change and an ever-growing array of risks, from cyber threats to regulatory shifts. AuditBoard's insightful Risk Intelligence Report reveals that 70% of enterprises anticipate boosting their risk management teams over the next two years, with 40% planning to bolster their cybersecurity staff.
To effectively manage these challenges, a forward-thinking strategy is essential, leveraging the power of enterprise-grade AI and deep professional experience. This alliance addresses this critical market need by offering a comprehensive suite of shared solutions for modern risk and compliance functions.
"The fusion of AuditBoard's platform and EY.ai for Risk sets a new benchmark for connected risk management," said Jim Sperduto, Chief Growth Officer at AuditBoard. "Together, we're creating an intelligent, integrated ecosystem that empowers our customers to navigate risks more effectively and focus on driving competitive advantages for their organizations."
Prashant Karanam, EY Global Internal Controls Leader, emphasizes the importance of enhanced collaboration between technology and professional services in an ever-changing risk landscape. "By expanding our alliance with AuditBoard, we provide a unified experience for our shared clients. Integrating EY.ai for Risk with AuditBoard's market-leading AI-driven platform helps organizations gain better visibility and assurance over their risk posture and control environment."
To learn more about this expanded partnership, visit the EY booth at the Connected Risk Experience at Audit & Beyond or explore AuditBoard.com/Alliances. You can also download the full Risk Intelligence Report here for deeper insights.
The Power of Partnership
This alliance between AuditBoard and EY US is a testament to the transformative potential of combining innovative technology with deep industry knowledge. It's a bold step towards redefining risk management, empowering organizations to stay ahead in an increasingly complex world.
And this is the part most people miss: the true power lies not just in the technology, but in the collaboration and shared vision of these industry leaders.
What do you think? Is this alliance a game-changer for risk management? We'd love to hear your thoughts in the comments!
