Ethisphere Ethicast: Parth Chanda on How AI Can Transform Your Monitoring & Investigations Today

In this insightful discussion on Ethisphere’s Ethicast podcast, Parth Chanda, Founder of Lextegrity and EVP of Risk and Compliance Transformation at Case IQ, highlights how AI is transforming ethics and compliance (E&C) functions, though not without challenges. Initially, AI created more work and worry for compliance officers, who had to evaluate AI proposals and address concerns about algorithmic bias, data confidentiality, and reputational risks. However, E&C teams are now experimenting with AI, achieving quick wins in monitoring (identifying high-risk transactions) and investigations (automating reporting, translations, and case triage). Watch to learn more about the benefits and challenges of using AI for ethics and compliance.

You can also watch this interview on Ethisphere’s YouTube channel here.