New Zealand businesses face increasing regulatory pressure, with stringent local requirements and evolving international standards. AI-driven compliance offers a powerful tool for NZ organisations to efficiently navigate this complex landscape helping them adapt to evolving regulatory requirements, fostering a culture of transparency and accountability that enhances their reputation and trust with stakeholders.
Drawing on KPMG’s extensive risk and compliance experience, our AI model has been trained on KPMG better practice and controls.
The easy-to-use approach can help you build consistency, upskill your team and achieve compliance faster, all in a visual chat-based interface.
An AI-powered framework for compliance
Power your compliance with KPMG's intuitive AI assistant Kym on standby, ready to answer
your questions in plain English and clarify any aspect of your compliance responsibilities.
A clear, referenced inventory of your compliance obligations, so you know exactly what's required.
Insightful analysis of how well your current processes match up to these obligations, with smart suggestions for new, more efficient connections.
Creation of a comprehensive risk register that aligns with both regulations and your day-to-day operations.
Intelligent evaluations of your risk management strategies, offering recommendations to enhance safeguarding measures.
Assessment of your control descriptions against industry-leading practises, proposing new measures to ensure you meet every compliance demand.
Detailed analysis of the links between your obligations and controls, with advice on strengthening these crucial connections.
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Helping a leading telecommunications company
Problem
The organisation had recently completed a Compliance uplift program to ensure that all obligation areas were at an acceptable level of maturity. However, in an environment of constant change and increasing scrutiny from regulators the challenge is to sustain compliance over the long term without increasing head count or external cost.
KPMG Solution
KPMG Compliance Tracking AI enabled by Kym addresses recurring regulatory themes and compliance challenges, offering a unique, effective response to improving compliance maturity and sustainment.
KPMG Compliance Tracking AI incorporates KPMG’s regulatory risk and compliance better practices and had been trained on telecommunications sector regulations and organisation specific nuances. We are deploying the solution across all of the organisation’s obligation areas, with users from across all parts of the organisation having a Compliance co-pilot to support across the compliance lifecycle.
Outcome
KPMG Compliance Tracking AI educates teams about quality controls, fostering continuous learning and improvement. Enhanced responsiveness to regulatory changes ensures coverage remains up-to-date, while prioritising strategic tasks over routine work boosts efficiency in risk management. Clear, actionable steps and improved compliance tracking enhance accountability and trust within the organisation’s control environment.
How KPMG helps you deliver sustainable compliance
We combine the power of AI with our deep industry insights to help you enhance the maturity of your compliance efforts.
By managing risk at speed and scale, you can protect your business against the consequences of non-compliance in an increasingly complex and fast paced regulatory environment.
We combine the power of AI with our deep industry insights to help you enhance the maturity of your compliance efforts. By managing risk at speed and scale, you can protect your business against the consequences of non-compliance in an increasingly complex and fast paced regulatory environment.
Ready to see how AI can level-up your risk management?