Latest news with #DiligentOnePlatform
Techday NZ
3 days ago
- Business
- Techday NZ
Diligent unveils ACL AI Studio to simplify GRC data analysis
Diligent has announced the launch of ACL AI Studio, a tool incorporating advanced analytics to simplify governance, risk and compliance (GRC) data analysis for audit, risk and compliance teams. ACL AI Studio is now available as part of the Diligent One Platform, expanding the suite's capabilities by enabling professionals to conduct complex data analyses without requiring specialist technical skills. According to the company, the new solution is designed to integrate seamlessly with existing workflows and applications, removing hurdles often associated with analytics adoption within GRC programmes. Workflow integration ACL AI Studio draws on the capabilities of Diligent's existing ACL product line, utilising artificial intelligence to allow users to engage with data via a natural language interface. This interface is intended to enable team members to carry out queries and analysis using plain language rather than programming or scripting, thus reducing the need for coding expertise across audit and GRC departments. The system supports natural language analysis, AI-driven test recommendations, and operates on data derived from existing ACL analytics scripts. Features are focused on providing transparency, offering full traceability through logging and exportable results, which aim to reduce risks linked with automated data interpretation, such as AI hallucinations. Users can run AI-suggested tests, link findings directly to audits, identify possible policy breaches and unusual financial activity, as well as update risk scoring and automate workflow triggers within their organisations. The platform is able to process millions of records in real time, enabling comprehensive population-level review rather than analysis of small samples. User experience Paul Chaney, Chief Executive Officer of Auditopia and KOINO IT Solutions, commented on his experience using the new offering: "Diligent hit the mark with ACL AI Studio. As a 35-year ACL Analytics user, this new product enhances our capabilities by combining trusted ACL software with the newest technologies. ACL AI Studio is user-friendly, which enables our team to work more efficiently as we automate audit and GRC processes, giving our customers valuable insights from their data." The tool features AI persona-based recommendations, with analytics tailored to a range of GRC roles, including internal audit, SOX, compliance and risk management. Diligent states that this results in a faster return on investment and maintains high accuracy for users based on their individual governance responsibilities. The platform also prioritises support for control testing, exception handling, audit trails and ongoing policy compliance. Additional capabilities Beyond ACL AI Studio, Diligent has introduced two additional features: AI Control Mapping and AI Control Generation. Both are designed to further streamline compliance processes and lower the costs associated with control management. According to the company, these updates collectively aim to enhance the scalability and intelligence of GRC functions for organisations managing complex regulatory environments. Market focus Adam Bailey, General Manager, Platform, at Diligent, outlined the intended impact of the new system: "ACL AI Studio is a game-changer for GRC professionals. Non-technical users can now leverage AI to detect issues and drive meaningful results, ensuring that your organisation's GRC processes are more efficient and accurate than ever before. In a market dominated by general-purpose analytics tools, ACL AI Studio is the only specialised solution for GRC and is designed to help organisations maintain the highest standards of compliance and governance." Diligent's launch of ACL AI Studio is part of its wider efforts to expand AI-driven functionality within its GRC portfolio, following the recent introduction of products such as GovernAI and AI Risk Essentials.
Techday NZ
08-07-2025
- Business
- Techday NZ
Diligent named leader in IDC MarketScape for GRC software 2025
Diligent has been named a Leader in the IDC MarketScape Worldwide Governance, Risk, and Compliance Software 2025 Vendor Assessment. The recognition places Diligent at the forefront of global governance, risk and compliance (GRC) software providers, following a period of product launches and acquisitions focused on enhanced AI-powered GRC capabilities. Report findings The IDC MarketScape's assessment, one of the sector's most detailed analyses, evaluates software vendors based on both qualitative and quantitative criteria over a projected three-to-five-year timeframe. Diligent was reviewed on the strength of its strategic vision and the capabilities of its products. In the report, IDC MarketScape notes: "The Diligent One Platform is a true single platform of AI-powered cross-organisational GRC capabilities that are modular, enabling customers to be met where they are in their GRC maturity journey." The report continues by highlighting that Diligent's solutions are "the gold standard in board reporting" and that its roadmap "promises unique and value-added outcomes so organisations can truly manage risk and compliance bottom up." Platform and approach Diligent's suite of GRC offerings includes new products such as GovernAI and AI Risk Essentials, as well as the acquisition of Vault Platform, an AI-powered ethics and compliance solution. These moves are cited as reinforcing the company's focus on delivering GRC solutions leveraging artificial intelligence. Brian Stafford, President and Chief Executive Officer of Diligent, commented on the announcement. "Being named a Leader in the IDC MarketScape for GRC Software is not only a testament to our AI-powered platform but also a reflection of our unwavering commitment to our clients across the globe. We are grateful to the over 25,000 clients who trust Diligent for AI-powered governance solutions every day. As the global leader in GRC innovation for 20+ years, we're dedicated to providing best-in-class GRC solutions that drive operational excellence and mitigate risk." Phil Harris, Research Director, Governance Risk & Compliance Services at IDC, also addressed the reasoning behind Diligent's Leader placement. "Diligent has been positioned as a Leader in the evaluation of the Worldwide Governance, Risk and Compliance Software providers for its strategic, comprehensive and robust AI platform. The Diligent One Platform can power company-wide GRC capabilities for organisations of every size and maturity level." Industry context Diligent's recognition from IDC MarketScape adds to other industry endorsements, including those from Chartis and Forrester, as well as positive feedback on review sites such as G2 and Trust Radius. The IDC MarketScape assessment model provides an overview of the competitive positioning of technology suppliers in distinct markets, rating participants based on both product and service offerings, and the strategies underpinning their medium- to long-term success. Diligent reports serving more than 1 million users and 700,000 board members globally, providing technology to support risk management, governance processes and decision-making. Follow us on: Share on:
Techday NZ
11-06-2025
- Business
- Techday NZ
Diligent adds AI tools to Entities for faster, smarter governance
Diligent has introduced new artificial intelligence features to its entity management software, Diligent Entities, aimed at improving access to corporate records for legal, tax, finance and audit professionals. The updated solution now includes a refreshed user interface and several AI assistants. According to Diligent, these enhancements are designed to make essential corporate data more easily accessible and to integrate with existing enterprise tools, such as Microsoft Teams, to further streamline workflows. AI integration Diligent Entities now leverages purpose-trained AI to summarise, validate and share key insights from large data sets within a corporate record. This move is expected to increase efficiency and reduce risks associated with manual data management. The AI tools also aim to improve the accuracy of data, with automatic tagging and summarisation of documents included as part of the enhancements. Four major capabilities have been introduced with this software release: an AI report generator and charting tool, AI-powered integration with Microsoft Teams, automated document import and summarisation, and an AI virtual assistant. The report generator allows users to create customised reports and charts with simple prompts, ensuring information is always current and relevant. The deeper integration with Microsoft Teams enables governance data to be accessed and queried directly inside the Microsoft application. With the AI-powered assistant, employees can obtain instant answers to questions about entity data, supporting a self-service model within organisations. Increasing demand Organisational pressures from regulatory changes, workforce reductions in legal departments, and the widening complexity of compliance across multiple jurisdictions are cited by Diligent as key reasons for the expansion of AI functionality in its platform. The company notes that more than 70% of legal departments plan to increase AI usage over the next three years, seeking to maintain security and responsible AI practices while improving operational scale. Diligent says the new features help organisations avoid risk, improve data integrity, and boost productivity throughout the entity management workflow. Users, who number over 100,000 monthly for Diligent Entities globally, will now be able to intuitively access and analyse governance information in ways that are designed to align with modern GRC demands. Corporate commentary Amanda Carty, General Manager, Compliance, at Diligent, commented on the new capabilities: Our new AI capabilities in Diligent Entities are designed to empower our customers with a trusted, AI engine allowing them to find director and entity information faster, create reports and visualisations on the fly and establish a self-service model for peers. By integrating these capabilities within the Diligent One Platform, we are creating a seamless, closed-loop governance system that keeps all stakeholders aligned and informed. Product ecosystem The addition of AI enhancements to Diligent Entities aligns with the company's wider strategy, which includes previous launches such as GovernAI and AI Risk Essentials, as well as the recent acquisition of Vault Platform, an AI-driven ethics and compliance solution. These moves indicate an ongoing investment in artificial intelligence as part of Diligent's broader approach to governance, risk, and compliance software solutions.
Yahoo
11-06-2025
- Business
- Yahoo
Diligent Redefines Corporate Record Management with AI-Driven Enhancements to Its Entities Offering
Refreshed User Interface and AI Assistants Enhance Efficiency and Compliance for Organizations NEW YORK, June 11, 2025--(BUSINESS WIRE)--Diligent, the AI leader in governance, risk and compliance (GRC) SaaS solutions, today announced the release of AI enhancements to Diligent Entities, a powerful solution for transforming entity and subsidiary management and elevating governance. With over 100,000 monthly users, Diligent Entities is already the trusted system of record for global governance data. These new AI capabilities take that trust even further — making it actionable, intelligent and proactive. Diligent Entities leverages purpose-trained AI to synthesize the corporate record, by summarizing, validating and sharing key insights instantaneously. These new capabilities will improve the efficiency and effectiveness of legal and compliance professionals, as well as their stakeholders in tax, finance and audit, by making essential corporate data easily accessible and integrating seamlessly into existing systems and tools like Microsoft Teams. Increasing regulatory pressure, shrinking legal headcount, and growing complexity across jurisdictions are forcing organizations to evolve processes. To meet these challenges, more than 70% of legal departments plan to increase AI usage over the next three years, with dynamic systems like Diligent Entities playing a crucial role in scaling efficiently while maintaining the highest levels of security and responsible AI practices. The newly enhanced Diligent Entities offering helps organizations avoid risks, improve data integrity and boost productivity at every step of the entity management workflow. Key features include: AI Report Generator & Charting: Creates custom reports and charts with simple prompts, ensuring up-to-date and relevant information. AI-Powered Microsoft Teams Integration: Access governance data and get AI-powered answers directly in Microsoft Teams. AI Document Import & Summarization: Automatically tags and summarizes documents, saving time and reducing errors. AI Virtual Assistant: Provides instant answers to entity data questions, making information easy to access and improving efficiency. "Our new AI capabilities in Diligent Entities are designed to empower our customers with a trusted, AI engine allowing them to find director and entity information faster, create reports and visualizations on the fly and establish a self-service model for peers," said Amanda Carty, General Manager, Compliance, at Diligent. "By integrating these capabilities within the Diligent One Platform, we are creating a seamless, closed-loop governance system that keeps all stakeholders aligned and informed." The release of AI enhancements for Diligent Entities builds upon the organization's track record of innovation with GovernAI, AI Risk Essentials and the recent acquisition of the Vault Platform, an AI-powered ethics and compliance solution. For more information about the new features and how Diligent Entities can transform entity management processes, visit About Diligent Diligent is the AI leader in governance, risk and compliance (GRC) SaaS solutions, helping more than 1 million users and 700,000 board members to clarify risk and elevate governance. The Diligent One Platform gives practitioners, the C-Suite and the board a consolidated view of their entire GRC practice so they can more effectively manage risk, build greater resilience and make better decisions, faster. Learn more at Follow Diligent on LinkedIn and Facebook. View source version on Contacts Media Michele SteinmetzSenior Communications Director, Diligent+1-215-817-5610msteinmetz@
Business Wire
11-06-2025
- Business
- Business Wire
Diligent Redefines Corporate Record Management with AI-Driven Enhancements to Its Entities Offering
NEW YORK--(BUSINESS WIRE)-- Diligent, the AI leader in governance, risk and compliance (GRC) SaaS solutions, today announced the release of AI enhancements to Diligent Entities, a powerful solution for transforming entity and subsidiary management and elevating governance. With over 100,000 monthly users, Diligent Entities is already the trusted system of record for global governance data. These new AI capabilities take that trust even further — making it actionable, intelligent and proactive. Diligent Entities leverages purpose-trained AI to synthesize the corporate record, by summarizing, validating and sharing key insights instantaneously. These new capabilities will improve the efficiency and effectiveness of legal and compliance professionals, as well as their stakeholders in tax, finance and audit, by making essential corporate data easily accessible and integrating seamlessly into existing systems and tools like Microsoft Teams. Increasing regulatory pressure, shrinking legal headcount, and growing complexity across jurisdictions are forcing organizations to evolve processes. To meet these challenges, more than 70% of legal departments plan to increase AI usage over the next three years, with dynamic systems like Diligent Entities playing a crucial role in scaling efficiently while maintaining the highest levels of security and responsible AI practices. The newly enhanced Diligent Entities offering helps organizations avoid risks, improve data integrity and boost productivity at every step of the entity management workflow. Key features include: AI Report Generator & Charting: Creates custom reports and charts with simple prompts, ensuring up-to-date and relevant information. AI-Powered Microsoft Teams Integration: Access governance data and get AI-powered answers directly in Microsoft Teams. AI Document Import & Summarization: Automatically tags and summarizes documents, saving time and reducing errors. AI Virtual Assistant: Provides instant answers to entity data questions, making information easy to access and improving efficiency. 'Our new AI capabilities in Diligent Entities are designed to empower our customers with a trusted, AI engine allowing them to find director and entity information faster, create reports and visualizations on the fly and establish a self-service model for peers,' said Amanda Carty, General Manager, Compliance, at Diligent. 'By integrating these capabilities within the Diligent One Platform, we are creating a seamless, closed-loop governance system that keeps all stakeholders aligned and informed.' The release of AI enhancements for Diligent Entities builds upon the organization's track record of innovation with GovernAI, AI Risk Essentials and the recent acquisition of the Vault Platform, an AI-powered ethics and compliance solution. For more information about the new features and how Diligent Entities can transform entity management processes, visit Diligent is the AI leader in governance, risk and compliance (GRC) SaaS solutions, helping more than 1 million users and 700,000 board members to clarify risk and elevate governance. The Diligent One Platform gives practitioners, the C-Suite and the board a consolidated view of their entire GRC practice so they can more effectively manage risk, build greater resilience and make better decisions, faster. Learn more at Follow Diligent on LinkedIn and Facebook.
