VIRTICUS

AI Risk Audit

Know your risk exposure before a regulator does

AI and data systems in regulated environments carry real accountability. When something goes wrong — a complaint, an investigation, an internal query — the first question is always the same: can you explain what your system did, and why?

Most organisations find they cannot. The system was built internally. The decisions seemed reasonable at the time. Nobody has independently examined whether the governance, data, or model holds up to scrutiny.

HIGH
▲ above threshold
42%
23
14
11
9
7
18
Sample analysis output · Client data not shown

Independent risk assessment output — illustrative

The situations we're called into

When this becomes urgent

A regulatory enquiry lands

A regulator asks how your AI system reaches its decisions. You need to be able to answer — clearly, and fast.

A decision is challenged

A customer, employee, or partner challenges an automated decision. The accountability question goes up the chain to you.

An audit exposes gaps

An internal or external audit identifies AI and data systems with no documented controls, validation processes, or human oversight.

How the audit works

Step 01

Data Inputs

Where does the data come from? Is it fit for purpose? Is the lineage documented? Are there quality controls?

Step 02

Model Behaviour

How does the model operate? Is its behaviour consistent with its documentation? How does it handle edge cases?

Step 03

Governance Controls

Who is accountable for this system? What approval processes exist? What happens when it produces an unexpected output?

Step 04

Decision Outputs

What decisions does the system produce? How are they monitored? Can they be challenged or overridden?

What you receive

  • A clear picture of where your risk exposure sits — before anyone external identifies it
  • A gap analysis against what regulators expect to see
  • A practical remediation roadmap, prioritised by severity
  • Documentation you can present to an auditor, regulator, or board
  • Recommendations for controls and validation processes

Delivery

Typically delivered within

2–3 weeks

from initial scoping call

Handled directly — no account management layer. You work with the person doing the analysis.

All engagements are treated in confidence. Work product is delivered to the commissioning organisation only.

Applied in practice

Designed regulatory reporting pipelines and data quality frameworks for a global bank's statutory submissions to the Bank of England — including validation controls and governance of data used in official regulatory reports.

Request an AI Risk Audit

A 30-minute call is usually enough to scope what's needed. No commitment — just a direct conversation about your situation.

Every enquiry is reviewed directly and treated in confidence.