Feature update: Reduce AI risk with our new Assessment template

Last month, the EU AI Act was finalized—meaning companies building and deploying AI products should start working towards compliance now. If your company is developing a high-risk AI tool, as defined by Article 6 of the AI Act, placing guardrails around the process will be key.

To support compliance with the EU AI Act, Transcend has added an additional Assessment template that includes coverage for:

• AI System Classification
• Risk Management Processes
• Data Governance Policies
• Human Oversight Mechanisms
• Transparency Measures
• Conformity Assessment Procedures

Transcend’s new EU AI Act template was designed to be flexible, supporting businesses across a variety of contexts, including:

• Privacy teams looking to ensure their organization's AI systems are developed in compliance with the EU AI Act and other relevant regulations
• AI system developers that must assess the impact of systems they build
• AI system deployers looking to assess the impact of systems they deploy

This new template is included out-of-the-box for all customers using Transcend Assessments today!

Transcend Assessments makes it easy to manage Data Protection Impact Assessments (DPIAs), Transfer Impact Assessments (TIAs), and AI Risk Assessments throughout your organization—no matter the complexity. Offering a unified view of the assessments process, plus tools for quick collaboration, Transcend Assessments empowers your teams to proactively minimize risk and maintain compliance as you add new business systems, develop fresh products, and expand your business into different regions.

“I’m blown away by the continued innovation of Transcend Assessments. It’s not just the product itself that’s impressive — it’s how rapidly Transcend responds to our needs, shipping out new features and upgrades at an incredible pace. It’s a major level up!” - Kat Vetrakova, Head of Privacy and Security at GoCardless

About Transcend

Transcend’s next-gen data and privacy governance platform helps companies of all sizes, from Fortune 500s to high-growth startups, better govern their data—improving compliance, cutting costs, enhancing business innovation and increasing customer trust.

Automate data subject request workflows with DSR Automation ensure end-to-end user consent tracking with Transcend Consent Management, discover data silos and auto-generate reports with our suite of data mapping tools, or mitigate risk through collaborative DPIAs with Transcend Assessments.

Get in touch with the Transcend team today to learn more about the new EU AI Act and supporting Assessment Template.