Relyance AI has launched Data Journeys, a platform designed to provide enterprises with enhanced visibility into their data flows. The platform aims to significantly reduce the time and resources required for AI compliance, reportedly by up to 80%. This is particularly relevant as companies navigate an increasingly complex regulatory environment surrounding artificial intelligence.
Data Journeys offers a centralised view of how data is used across an organisation, enabling better understanding and management of AI systems. By mapping data lineage and usage, the platform helps businesses build more trustworthy and transparent AI, addressing growing concerns about bias and accountability. This enhanced visibility allows for proactive identification and mitigation of potential compliance issues, streamlining audit processes and reducing the risk of regulatory penalties.
The platform's capabilities are expected to be particularly beneficial for organisations in highly regulated industries such as finance and healthcare, where data governance and compliance are critical. By automating many of the manual processes associated with AI compliance, Relyance AI aims to free up valuable resources and enable businesses to focus on innovation and growth.