Innovation spans many areas, and compliance professionals need not only to be ready for it but also to embrace it. Join Tom Fox, the Voice of Compliance, as he visits with top innovative minds, thinkers, and creators in the award-winning Innovation in Compliance podcast. In this episode, host Tom welcomes Steph Holmes, long-time friend and Director of Ethics and Compliance Strategy at the EQS Group, who looks at the current Intersection of AI and compliance.
Steph Holmes and EQS are both at the forefront of integrating artificial intelligence (AI) into compliance programs to enhance their efficiency and effectiveness. With a focus on practical applications, Holmes views AI as a crucial tool for expanding resources, especially as organizations face increasing regulatory changes and economic pressures. She advocates for the responsible, sustainable, and explainable adoption of AI, emphasizing that compliance professionals should embrace it rather than fear it. Holmes discusses the importance of blending AI capabilities with human oversight to ensure compliance tasks are managed accurately and risks are mitigated effectively.
Key highlights:
- Digitizing Compliance: AI Tools and Programs
- Navigating Compliance Challenges with Human Judgment
- Enhancing AI Reliability Through Human Oversight
- Enhancing Compliance through Responsible AI Implementation
- Implementing AI Pilot Programs in Compliance Workflows
Resources:
Steph Holmes on LinkedIn
EQS Group LinkedIn
Where in the Loop: Corporate Compliance Insights
EQS Website
EQS Benchmark Report: AI Performance in Compliance & Ethics
Innovation in Compliance was recently ranked 4th among Risk Management podcasts by 1,000,000 Podcasts.
