Artificial Intelligence Risk, Inc. Launches RIA GPT, the First Generative-AI Platform Specifically for Registered Investment Advisors (RIAs)
May 06 2024 - 9:15AM
Business Wire
RIA GPT Provides Advisors with AI
Efficiencies while Addressing Governance, Risk, Compliance and
Cybersecurity
Artificial Intelligence Risk, Inc. (AI Risk, Inc.), the leader
in AI Governance, Risk, Compliance, and Cybersecurity (AI GRCC)
software, announced today the launch of RIA GPT, a new software
platform providing safe, secure, generative-AI for registered
investment advisors (RIAs). The platform, the first of its kind,
complies with all SEC confidentiality, recordkeeping, and
cybersecurity rules for RIAs.
“RIA GPT is a tool that changes the game for financial advisors
when it comes to utilizing AI in productive, secure and compliant
ways across their tech and data stack,“ says Alec Crawford, founder
and CEO of AI Risk, Inc. “Embracing AI to improve both efficiency
and outcomes is top-of-mind for the modern advisor, and RIA GPT
allows them to do so effectively and safely. With both the
Predictive Analytics and Investment Manager Security Cybersecurity
Rules working their way through Congress, financial advisors can
rest assured that with RIA GPT they will increase productivity on
an ongoing basis while being compliant with government regulations
and safe from cyber threats.”
RIA GPT features “AI agents” that save advisors and their firms
both time and money. AI Agents are essentially AI tools that
provide specialized services within the AI Risk (AIR) platform
suite. Examples of AI Agents include “personal assistant,”
“business strategist,” “legal disclaimer writer,” “sales
consultant,” “marketing strategist,” and “programming assistant.”
The Enterprise version of the software can also integrate with
Outlook, leading CRM systems, and a given RIA’s proprietary data
and documents, such as client portfolios. This creates a seamless
and robust generative AI solution that improves productivity and
client outcomes, while also managing regulatory and security
concerns.
“At AI Risk, we are breaking ground in a brand-new category of
software (GRCC) by providing advisors and other financial
institutions with the first bespoke and comprehensive AI
governance, risk management, regulatory compliance, and
cybersecurity platform,” added Crawford. “We offer solutions for
businesses of all sizes from our Software-as-a-Service (SaaS)
product for individual advisors and small businesses all the way up
to our on-premises, enterprise, customizable software platform for
the largest companies in the world.”
About Artificial Intelligence Risk,
Inc.
Artificial Intelligence Risk, Inc. (AI Risk) is the leader in AI
Governance Risk Compliance Cybersecurity (AI GRCC) software,
offering the first comprehensive advanced platform for
generative-AI safety, security, and compliance. Founded in 2023 by
Alec Crawford and Frank Fitzgerald, AI Risk’s team has decades of
experience in artificial intelligence, financial services, risk
management, and compliance. The company focuses on rapid (one hour)
private cloud deployment and strict data confidentiality, enabling
secure and regulatory-compliant use of AI and generative-AI
technologies for organizations across the globe. For more
information, please visit aicrisk.com.
Forward-Looking Statements
This press release contains forward-looking statements that are
based on management's current expectations and are subject to risks
and uncertainties that could cause actual results to differ
materially. Readers are cautioned to not place undue reliance on
forward-looking statements, which speak only as of the date of this
release. AI Risk, Inc. does not undertake any obligation to update
publicly any forward-looking statements to reflect events,
circumstances, or new information after this press release, or to
reflect the occurrence of unanticipated events.
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Media: Tyler Bradford Hewes Communications 212-207-9454
tyler@hewescomm.com