Data security specialist Theta Lake has been awarded trust certification for its artificial intelligence-powered compliance communications services.
The designation was conferred as the company prepares to release a report that shows IT teams in financial services and other industries are facing challenges with their AI governance and security.
Santa Barbara, California-based Theta Lake achieved ISO 42001 AI Management System Certification for its Digital Communications Governance and Archiving (DCGA) platform. The company said the award makes it the first AI-native vendor in the DCGA space to provide detailed transparency and explainability around its AI models.
“Financial services AI, compliance, security and risk teams evaluating AI technologies should view the ISO 42001 certification as a gold standard indicative of independent, third-party validation of the rigour applied to the development, maintenance and security of AI systems,” Theta Lake general counsel and vice president of compliance Marc Gilman told Data Management Insight.
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