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ISO 42001 for Banking
Banks were governing models before it was called AI governance — SR 11-7 made sure of that. ISO 42001 extends that discipline to the generative and vendor-embedded AI now spreading beyond the model risk team's traditional perimeter.
Book a demoFor banks, the standard's value is unification: one inventory and one assessment methodology covering credit models, fraud systems, and the LLM features arriving inside enterprise software — with the audit trail examiners increasingly request by name.
The framework in brief
ISO/IEC 42001 does for artificial intelligence what ISO 27001 did for information security: it defines a certifiable management system. If your company builds AI, buys AI, or sells to enterprises that do, this standard is about to shape your next two years.
Read the full ISO 42001 guide →The industry context
Banks don't get to choose whether they run risk programs — examiners decide how well. What banks choose is the machinery: fragmented spreadsheets and quarterly heroics, or one system where the risk register, controls, vendors, and findings live together with a defensible audit trail.
See Compriska for Banking →Run ISO 42001 the modern way
Cross-mapped controls, continuous evidence, and AI that does the busywork — with your team approving every step.
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