Kim Launches Firms ‘AI Technology Use and Compliance Application' [Yahoo! Finance]
ServiceNow, Inc. (NOW)
Last servicenow, inc. earnings: 4/29 04:10 pm
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Source: Yahoo! Finance
document generation, assembly, and workflow automation platform, has launched an ‘AI Technology Use and Compliance Application' to help organizations satisfy their regulatory requirement to explain how they are using Artificial Intelligence (AI) in their day-to-day business. On April 22, 2024, the Financial Conduct Authority (FCA) and the Bank of England (BoE) (including the Prudential Regulation Authority (PRA)) published updates on their approach to the firms' use of AI. All firms will need to be able to explain their use of AI to their regulators. This will involve explaining how risks associated with the deployment of AI have been identified, assessed, and managed. Put simply, when asked by their regulator, firms will need to explain their approach to managing the risks associated with AI. Kim has configured an ‘ AI Technology Use and Compliance Application ' as part of its suite of tools for compliance functions in law firms, accounting practices and financial services busine
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- 6/7/24 - Form 4
- 6/5/24 - Form 144/A
- 6/5/24 - Form 144
- NOW's page on the SEC website