Steph Holmes on Blending AI and Human Oversight for Effective Compliance

About this episode

Innovation comes in many areas and compliance professionals need to not only be ready for it but embrace it. Join Tom Fox, the Voice of Compliance as he visits with top innovative minds, thinkers and creators in the award-winning Innovation in Compliance podcast. In this episode,  host Tom welcomes Steph Holmes, long-time friend and Director, Ethics and Compliance Strategy at the EQS Group, who looks at the current Intersection of AI and compliance.

 

Steph Holmes and EQS are both at the forefront of integrating artificial intelligence (AI) into compliance programs to enhance their efficiency and effectiveness. With a focus on practical applications, Holmes views AI as a crucial tool for expanding resources, especially as organizations face increasing regulatory changes and economic pressures. She advocates for the responsible, sustainable, and explainable adoption of AI, emphasizing that compliance professionals should embrace rather than fear this technology. Holmes discusses the importance of blending AI capabilities with human oversight, ensuring that compliance tasks are managed accurately and risks are mitigated effectively.

 

Key Highlights

·      Digitizing Compliance: AI Tools and Programs

·      Navigating Compliance Challenges with Human Judgment

·      Enhancing AI Reliability Through Human Oversight

·      Enhancing Compliance through Responsible AI Implementation

·      Implementing AI Pilot Programs in Compliance Workflows

Resources

Steph Holmes on LinkedIn

EQS Group LinkedIn

Where in the Loop: Corporate Compliance Insights

EQS Website

EQS Benchmark Report: AI Performance in Compliance & Ethics

 

Innovation in Compliance was recently honored as the number 4 podcast in Risk Management by 1,000,000 Podcasts.