Digital and IT services company Birlasoft stated it has partnered with Regulativ.ai to co-develop a new artificial intelligence and machine learning-based cyber-regulatory reporting platform. “Enterprises are moving towards a digital-first approach at an accelerated pace and are increasingly concerned about their cybersecurity resiliency. Birlasoft and Regulativ.ai’s co-development partnership is strategic in our goal of delivering innovative platform-based solutions that address the needs of customers across banking, financial services, and insurance industries where cybersecurity and compliance are top priorities,” said Shilpa Bhandari, senior vice president and global head - BFSI, Birlasoft.

Digital transformation has unleashed a high volume of cyber threats, making cybersecurity and compliance a top priority for CXOs, and making it critical for businesses to ensure their cyber-regulatory compliance roadmap is in place. The new platform will help regulated enterprises gain a deeper understanding of their cyber regulatory compliance risks and provide them with actionable reports to mitigate risks and ensure compliance.

“We have created a lightning-fast, scalable, and cost-efficient governance platform using leading-edge AI technologies. Our innovative multi-cloud platform will significantly streamline cybersecurity self-assessment processes,” said Jinal Shah, CEO, Regulativ.ai.

Birlasoft said that the platform fits well with the company’s focus to grow the banking, financial services, and insurance segments, where cybersecurity is a key focus. In addition, as organizations across other regulated industries accelerate their digital transformation, cybersecurity becomes fundamental for future business resiliency.