About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Briefs

Behavox Secures ISO/IEC 42001 Certification as AI Governance Expectations Rise

Subscribe to our newsletter

Behavox has earned certification to ISO/IEC 42001:2023, the first international standard for Artificial Intelligence Management Systems (AIMS). The certification, independently validated by Prescient Security, reflects the company’s efforts to formalise responsible, transparent and risk-based AI practices across its product ecosystem.

The standard is designed to help organisations structure and oversee the entire AI lifecycle—from design and engineering through deployment, monitoring and assurance. For Behavox, this spans the work of its Data Science organisation, including AI Engineering, AI Research, Data QA, ML Operations and AI Compliance teams, and covers its role as an AI Provider, Producer and System Integrator.

Behavox positions the certification as part of its long-term approach to trustworthy AI rather than a standalone compliance milestone. “This certification validates our deep commitment to ethical AI, risk-based governance, and operational excellence,” said Tigran Petrosyan, Head of Security and AI Governance Lead at Behavox. “By aligning our AI practices with ISO/IEC 42001, we not only meet global standards but go beyond them to set the benchmark for responsible AI in compliance and risk management.”

The certified scope includes Behavox Quantum, its AI-powered communication supervision solution used by global financial institutions and regulated firms. The company’s AIMS incorporates structured risk assessments, accountability and human oversight, model fairness and bias testing, and alignment with international regimes such as the EU Artificial Intelligence Act, Colorado AI Act, EU Market Abuse Regulation, GDPR, CCPA, DORA, and supervisory expectations from ESMA, FINRA, NFA, MAS, JSDA and IIROC.

According to Behavox, the certification will also support customers’ own governance obligations by providing assurance that core AI technologies are developed and managed under a recognised global framework. “As regulators, customers, and society demand more accountability in AI, this certification shows we’re not just using AI – we’re governing it responsibly,” added Nabeel Ebrahim, Chief Revenue Officer at Behavox.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Hearing from the Experts: AI Governance Best Practices

The rapid spread of artificial intelligence in the financial industry presents data teams with novel challenges. AI’s ability to harvest and utilize vast amounts of data has raised concerns about the privacy and security of sensitive proprietary data and the ethical and legal use of external information. Robust data governance frameworks provide the guardrails needed...

BLOG

From Batch to Real-Time: LSEG Reinvents AML Screening with World-Check On Demand

As financial institutions accelerate toward real-time payments and digital onboarding, compliance teams face mounting pressure to keep customer screening instant, accurate and demonstrable. In response, the London Stock Exchange Group (LSEG) has introduced World-Check On Demand – a new cloud-based service designed to deliver “real-time risk intelligence” through API integration, allowing institutions to embed sanctions...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

The DORA Implementation Playbook: A Practitioner’s Guide to Demonstrating Resilience Beyond the Deadline

The Digital Operational Resilience Act (DORA) has fundamentally reshaped the European Union’s financial regulatory landscape, with its full application beginning on January 17, 2025. This regulation goes beyond traditional risk management, explicitly acknowledging that digital incidents can threaten the stability of the entire financial system. As the deadline has passed, the focus is now shifting...