World’s First Generative AI for Governance, Risk and Compliance Addresses Complexity, Pace of Change and Risk Management Challenges
Melbourne, Australia, October 4, 2023 /PRNewswire/ — 6clicks, pioneer of the leading multi-tenant AI-powered GRC platform for businesses and advisors, today announced Hailey GPT, its powerful new AI engine designed to meet the demands of more in addition to untenable management of GRC tasks. Now, a version of generative AI specific to risk and compliance enables deep automation of GRC and helps practitioners work much more efficiently, with greater precision and consistency.
Managing risk and compliance is becoming exponentially more difficult, for the following reasons:
- The rapidly growing number of new or amended standards, laws and regulations
- Increasingly global companies, governed by multiple industries or disciplines (credit cards, banking, healthcare, etc.) and with customers and employees from multiple geographies.
- Growing supply chain risks
- Increase in number and sophistication of security threats
- Higher levels of inconsistency and more gaps in business policies and procedures
“The task of properly managing risk and implementing GRC practices is squarely at odds with the volume, complexity and pace of change,” said Anthony Stevens, CEO and co-founder, 6clicks. “Businesses will face a breaking point if they are constrained to current approaches to GRC. We’ve made fundamental architectural advancements with Hailey GPT to automate and support professionals in a revolutionary way.
Hailey GPT provides customers with natural language prompts that reference the company’s GRC data, leading to powerful, time-saving automations. The powerful AI engine underpins the entire 6clicks platform, starting with Hailey for auditing and assessments, where due diligence questions are matched based on previous answers, policies, sets controls and associated compliance obligations. In seconds, this feature will help vendor managers, audit and cybersecurity professionals:
- Automatically populate and validate audit or assessment responses, saving 30x more time compared to manual searching and copy-pasting activities; And
- improve the quality of responses, thereby ensuring better compliance and risk management outcomes.
The near-term future of Hailey GPT will deliver AI-created content and intelligent insights into every risk, compliance, audit and assessment interaction in 6 clicks.
The 6clicks platform has leveraged AI since its inception in 2019 for specific tasks, but the new engine now includes many more features to enable businesses to truly keep pace with the pace of change and the increasing complexity of risk management and compliance. compliance. Hailey GPT is currently accepting applications for its beta program. Interested people can register at https://go.6clicks.com/hailey-gpt be part of this revolutionary opportunity.
About 6 clicks
Founded in 2019, 6clicks is a leading GRC solution provider and the pioneer of the leading multi-tenant GRC platform purpose-built for businesses and advisors. The platform features unique innovations including its Hub & Spoke architecture, designed for simultaneous globalization and localization and the ability to support multi-tenant distributed deployments. The platform now also includes the world’s first generative AI engine and framework for GRC as well as fully integrated content. 6clicks has offices in Australia, the United Kingdom and the United States. The company’s diverse customer base includes industry giants such as Thales, NTT, Telstra, Volaris, CyberCX, Zebra Manufacturing, BDO and many others.