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Artificial Intelligence Risk, Inc. launches RIA GPT, the first generative artificial intelligence platform specifically for registered investment advisors (RIAs)

RIA GPT provides advisors with the efficiency of AI while addressing governance, risk, compliance and cybersecurity

GREENWICH, Conn., May 6, 2024–(BUSINESS WIRE)–Artificial Intelligence Risk, Inc. (AI Risk, Inc.), the leader in AI GRCC governance, risk, compliance and cybersecurity software, today announced the launch of RIA GPT, a new software platform providing secure, generative AI for Registered Investment Advisors (RIAs). The first of its kind, the platform complies with all SEC confidentiality, recordkeeping and cybersecurity rules for RIAs.

“RIA GPT is a game-changer for financial advisors when it comes to leveraging AI in a productive, secure and compliant manner across their technology and data stack,” says Alec Crawford, founder and CEO of AI Risk, Inc. “Enabling AI to improve both efficiency and outcomes is paramount for the modern advisor, and RIA GPT allows them to do this effectively and securely. With Predictive Analytics and Investment Manager Security cybersecurity policies, financial advisors can rest assured that with RIA GPT they will be continually improving their productivity while maintaining compliance with government regulations and staying safe from cyber threats.”

RIA GPT offers “AI agents” that save advisors and their firms time and money. AI agents are essentially AI tools that provide specialized services within a suite of AI Risk (AIR) platforms. Examples of AI agents include “personal assistant,” “business strategist,” “legal notice writer,” “sales consultant,” “marketing strategist,” and “software assistant.” The Enterprise version of the software also enables integration with Outlook, leading CRM systems and the RIA’s own data and documents, e.g. client portfolios. This creates a seamless and reliable generative AI solution that improves productivity and customer outcomes, while also addressing regulatory and security issues.

“At AI Risk, we are entering an entirely new software category (GRCC), providing advisors and other financial institutions with the first customized and end-to-end AI management, risk management, regulatory compliance and cybersecurity platform,” Crawford added. “We offer solutions for companies of all sizes, from our Software-as-a-Service (SaaS) product for individual advisors and small businesses, to our on-premises, enterprise, customizable software platform for the world’s largest companies.”

About Artificial Intelligence Risk, Inc.

Artificial Intelligence Risk, Inc. (AI Risk) is the leader in AI Governance Risk Compliance Cybersecurity (AI GRCC) software, offering the first end-to-end advanced platform for safety, security and compliance with generative artificial intelligence. Founded in 2023 by Alec Crawford and Frank Fitzgerald, the AI ​​Risk team has decades of experience in artificial intelligence, financial services, risk management and compliance. The company focuses on rapid (hourly) private cloud adoption and strict data confidentiality, enabling the secure and compliant use of AI and generative AI technologies for organizations around the world. More information can be found at aicrisk.com.

Forward-looking statements

This press release contains forward-looking statements that are based on management’s current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. AI Risk, Inc. undertakes no obligation to publicly update any forward-looking statements to reflect events, circumstances or new information after the issuance of this press release or to reflect the occurrence of unanticipated events.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240506625717/en/

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Tyler Bradford
Hewes Communications
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