Asset Audit Response AI Advanced provides AI features to support Asset Audit Response, which helps financial customers face regulatory audits requiring asset data or evidence processing from various asset teams. This effort can be very time consuming, involve various team members, and require back and forth communication. Missing evidence or failure to comply within the given time frame can lead to heavy fines and additional oversight. Asset Audit Response, as part of IT Asset Management for Financial Services, can help asset managers respond to, track, and manage audit evidence requests to drive compliance, gain visibility into regulatory requirements, and reduce risk impact.
- AI helps summarize asset evidence requests, providing a quick view of activities to support the request
- Access to Audit Workspace (part of the Risk module), which helps compliance managers collaborate with asset managers
- Access to regulatory requirements from the Audit Workspace
- Asset Governance Workspace for asset managers to track and manage evidence requests
- Asset Audit Response guided experience
- Remediation rules and tasks to help identify data gaps prior to evidence submission
New:
- Generate AI summaries of evidence requests.
- Track and manage impacted records that are associated with your remediation tasks.
- Gain insight into the citations associated with your evidence requests.
A Hardware Asset Management and/or Software Asset Management license is required with AI Native or Pro+ and must be on the Australia or later release.