Case Study: a global financial services company strengthens oversight of 1,000+ AI initiatives with Grant Thornton's AI lifecycle audit

Global Financial Services Company governs 1,000+ AI initiatives with Grant Thornton LLP

The customer, a global financial services company, faced the challenge of auditing its rapidly expanding portfolio of over 1,000 AI initiatives, particularly as AI evolved into autonomous, agentic systems that introduced new risks. Their internal audit team needed a practical way to evaluate these net-new risks without duplicating existing oversight efforts or slowing down innovation. They engaged vendor Grant Thornton LLP for its expertise in AI governance and agentic AI audit readiness.

Grant Thornton helped the client build a repeatable approach for an AI lifecycle audit, moving beyond traditional model-focused audits to evaluate risks and controls across the entire development-to-decommissioning process. This solution validated controls for over 100 production AI use cases and governed more than 1,000 initiatives. As a result, the company's internal audit team completed its first AI lifecycle audit and significantly improved its readiness for future assessments of agentic AI systems.

Global Financial Services Company