Relyance AI announces its new solution, the Data Journeys platform, designed to tackle a key challenge in AI implementation: understanding data flow within complex systems. The platform provides unprecedented data flow visualization, assisting enterprises in achieving compliance within the increasingly stringent regulatory landscape.
Image Source Note: Image generated by AI, licensed through Midjourney
Abhi Sharma, CEO and co-founder of Relyance AI, explains that the Data Journeys platform provides clients with an AI-native, context-aware view of how data flows across applications, cloud services, and third-party systems. Unlike traditional data lineage tracking, it traces data's origin and transformations, not just its location, addressing previous gaps in data governance.
With growing global AI regulatory pressure, many businesses recognize the importance of compliance. Relyance AI's Data Journeys platform effectively addresses four key areas: first, enhanced compliance and risk management, proving data handling integrity during regulatory reviews; second, precise bias detection, tracing its origin beyond just the training dataset; third, improved explainability and accountability of AI decisions, clarifying data origins and processing; and finally, robust compliance evidence for navigating complex global regulations.
Relyance AI reports that the platform saves businesses 70%-80% of the time spent on compliance documentation and evidence gathering, reducing query times from hours to minutes. Furthermore, Relyance introduces the InHost self-hosted option to meet the stringent data sovereignty requirements of industries like fintech and healthcare.
Relyance AI's expansion plans demonstrate its ambition in the AI governance market, with future plans for a more comprehensive AI governance solution encompassing compliance, real-time ethical monitoring, and bias detection.
Key Highlights:
🌟 Relyance AI's new Data Journeys platform helps businesses comprehensively track data flow, improving transparency and compliance.
⏳ Businesses can save 70%-80% of the time spent on compliance documentation, reducing query times from hours to minutes.
🔒 The new InHost option addresses data sovereignty needs in highly regulated industries, enhancing data security.
