KPMG Switzerland and LatticeFlow AI teamed up in response to the increasing concerns over AI systems’ risks. Credit: Kilmer Media/Shutterstock.

KPMG Switzerland and LatticeFlow AI have forged a strategic partnership to improve AI risk assessments and compliance for enterprises.

This collaboration is a response to the increasing concerns over AI systems’ risks and the stringent regulations like the EU AI Act.

The partnership unites KPMG Switzerland’s expertise in digital risk advisory services with LatticeFlow AI’s advanced technology.

The collaboration aims to provide a comprehensive offering for AI risk assessments, connecting the business, governance, and technical layers of AI risk management.

A primary focus for the partnership will be the evaluation of mission-critical AI use cases. This includes aiding enterprises in protecting against emerging deepfake threats, which challenge digitisation and secure identity verification in financial and other highly regulated sectors.

LatticeFlow AI CEO and co-founder Dr Petar Tsankov said: “There’s a critical gap in the AI market for comprehensive technical AI risk assessments. Governance processes alone are insufficient to meet AI standards and regulations – companies need deeper analysis to ensure their models are reliable and compliant.

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“This makes technical assessments an essential prerequisite for mitigating AI risks and demonstrating conformance with emerging regulations.”

KPMG Switzerland will also utilise LatticeFlow AI’s platform to evaluate the strength of other business-critical AI applications to ensure the accuracy and reliability of outcomes.