ServiceNow, Vectice Partner to Integrate Regulatory MLOps for AI Governance, Compliance in Financial Services

ServiceNow Inc. (NYSE:NOW) is one of the best innovative stocks to buy now. On September 20, Vectice, which is the Regulatory MLOps platform, announced a forward-looking integration with ServiceNow to accelerate AI governance and compliance, specifically targeting the financial services industry. This aims to transform how businesses deliver a streamlined, audit-ready experience for risk and data science teams.

The collaboration will enable Vectice to automatically deliver robust and comprehensive model development and validation documentation in minutes directly to customers using ServiceNow Integrated Risk Management/IRM. The integration is critical for risk reduction and the rapid deployment of AI models, especially as supervisory expectations tighten, as illustrated by guidelines like Canada’s E-23 and the UK’s SS1/23, and as GenAI projects accelerate.

ServiceNow, Vectice Partner to Integrate Regulatory MLOps for AI Governance, Compliance in Financial Services

By bringing Vectice’s advanced technology directly into ServiceNow Risk Management, customers gain unprecedented visibility into models and can streamline the AI model approval processes. Vectice provides a single, policy-driven workflow that helps data science, risk, and compliance teams scale AI without the bottleneck of audit backlogs.

ServiceNow Inc. (NYSE:NOW) provides a cloud-based solution for digital workflows in North America, Europe, the Middle East and Africa, Asia Pacific, and internationally.

While we acknowledge the potential of NOW to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NOW and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.