¨
Financial Software and
Systems has secured ISO IEC 42001 Certification Lead status.
¨
It has the first payments
company in India, the Middle East, APAC and South Africa to do so.
¨
The certification
highlights FSS’s leadership in responsible and ethical use of artificial
intelligence.
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By securing ISO IEC 42001
Certification, FSS marks a shift from ad-hoc use of AI to a structured,
enterprise-wide AI governance model.
¨
Artificial intelligence
is deeply embedded across FSS platforms.
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The ISO IEC 42001
standard ensures oversight across the AI lifecycle.
¨
The standard is highly
relevant for financial services. Only a limited number of organisations meet
its requirements.
¨
ISO IEC 42001 defines
ownership of AI systems and establishes clear governance structures.
¨
FSS’s AI governance
framework was independently assessed by TUV SUD.
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TUV SUD is a globally
recognised certification body.
¨
The Certification Lead
status indicates higher organisational maturity.
