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OneTrust partners with RAI Institute to contribute to its development of tangible governance tools for trustworthy, safe, and fair Artificial Intelligence

ATLANTA, April 3, 2024 /PRNewswire/ -- OneTrust, the market-defining leader for trust intelligence, today announced that it has joinedtheResponsible Artificial Intelligence Institute(RAI Institute), the prominent non-profit enabling global organizations to harness the power of responsible AI.

For over five years, OneTrust has led the market in privacy management software, with offerings designed to operationalize integrated risk management. As AI adoption accelerates, OneTrust recognizes responsible AI practices are critical for building trust and unlocking AI's full potential across industries. Last May, the Company introduced OneTrust AI Governance, a comprehensive solution designed to help organizations inventory, assess, and monitor the wide range of risks associated with AI. As organizations use AI and machine learning (ML) to process large amounts of data and drive innovation, AI Governance provides visibility and control over data used and risks generated by AI models. The end-to-end solution helps organizations to operationalize regulatory requirements for laws such as the EU AI Act and align with key industry frameworks such as the National Institute of Standards and Technology (NIST) AI Risk Management Framework (RMF), Organization for Economic Co-operation and Development (OECD) Framework for the Classification of AI Systems, and more.

By implementing responsible AI practices, companies build trust with customers, regulators, and society at large

"We're delighted to welcome OneTrust as a member of the Responsible AI Institute," said Alyssa Lefaivre kopac, Head of Global Partnerships & Growth at Responsible AI Institute. "OneTrust's governance solutions and deep expertise in privacy, security, and ethics will be invaluable in our collective work to shape the practices, policies, and standards that enable AI for good across all sectors."

"Responsible AI is not an option, but a necessity in today's business landscape," said Jisha Dymond, Chief Ethics & Compliance Officer at OneTrust. "With OneTrust, organizations can not only observe the AI revolution, but also actively enable innovation. By implementing responsible AI practices, companies build trust with customers, regulators, and society at large, and facilitate a future where technology and human ingenuity converge to create unprecedented value. We look forward to partnering with RAI Institute as we continue to build a responsible AI future together."

This partnership with RAI Institute builds upon OneTrust's commitment to ethical and safe AI deployment. The Company is also a foundational supporter of the International Association of Privacy Professionals (IAPP) AI Governance Center, created to address the industry's need for AI governance professionals. Through its own expert-led OneTrust for AI Governance Masterclass webinar series, OneTrust enables compliance and technology professionals alike to mature their technology-driven AI compliance programs and foster responsible AI practices across their businesses.

About the Responsible AI InstituteFounded in 2016, Responsible AI Institute (RAI Institute) is a global and member-driven non-profit dedicated to enabling successful responsible AI efforts in organizations. We accelerate and simplify responsible AI adoption by providing our members with AI conformity assessments, benchmarks, and certifications that are closely aligned with global standards and emerging regulations.

Members include leading companies such as ATB Financial, Amazon Web Services, Boston Consulting Group, Yum! Brands, Shell, Chevron, Roche, and many others dedicated to bringing responsible AI to all industry sectors.

About OneTrustOneTrust enables every organization to transform siloed compliance initiatives into world-class, coordinated trust programs with the category-defining Trust Intelligence Platform. Customers use OneTrust to build and demonstrate trust, measure and manage risk, and go beyond compliance. As trust has emerged as the ultimate enabler for innovation, OneTrust delivers the intelligence and automation organizations need to meet critical program goals across data privacy, responsible AI, security, ethics, and ESG. http://www.onetrust.com

2024 OneTrust LLC. All rights reserved. OneTrust and the OneTrust logo are trademarks or registered trademarks of OneTrust LLC in the United States and other jurisdictions. All other brand and product names are trademarks or registered trademarks of their respective holders.

Media ContactsAinslee Shea, OneTrust [emailprotected] +1 (404) 855-0803

Nicole McCaffrey, Responsible AI Institute [emailprotected] +1 (440) 785-3588

SOURCE OneTrust

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OneTrust Joins Responsible Artificial Intelligence Institute - PR Newswire