AuditBoard has joined forces with Ernst & Young (EY US) to integrate its AI-powered risk platform with EY.ai for Risk capabilities.
The partnership seeks to combine AuditBoard’s technology in risk management with EY’s expertise and content to assist clients in navigating risk landscapes.
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AuditBoard noted that organisations are facing challenges due to rapid changes and the proliferation of risks, including cyber threats and regulatory alterations.
According to AuditBoard’s Risk Intelligence Report, which assesses data from its platform and survey insights from more than 400 risk leaders, there would be a rise in risk management staffing.
Within next two years, 70% of enterprises are looking to increase their teams, and 40% are aiming to hire more cybersecurity professionals.
The company emphasised the necessity of a strategy that utilises enterprise-grade AI and professional expertise to manage these challenges.
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By GlobalDataAuditBoard chief growth officer Jim Sperduto said: “The potent combination of AuditBoard’s platform and EY.ai for Risk represents a new standard for connected risk management.
“Together, we are creating a more intelligent and integrated ecosystem empowering our customers to navigate the risk landscape more effectively and enabling them to ultimately focus on fuelling competitive advantage for their organisations.”
The partnership will cater to the market requirement by offering a suite of joint solutions tailored for risk and compliance operations.
EY Global internal controls leader Prashant Karanam stated:
“The ever-changing nature of risk demands enhanced collaboration between technology and professional services.
“The expansion of our alliance with AuditBoard will provide a unified experience for our shared clients. By integrating EY.ai for Risk with AuditBoard’s market-leading AI-driven connected risk platform, we help organisations to achieve greater visibility and assurance over their risk posture and overall control environment.”
In March 2025, AuditBoard formed a strategic partnership with EY with an aim to provide UK customers with enhanced local support to transform their risk management approaches.
Additionally, EY launched a Centre of Excellence in the UK to offer customised consulting and integration services specifically for AuditBoard clients.
