BCube Analytics Inc., a subsidiary of Batoi Company, presents a compelling proposition in the RegTech sector with its innovative "Audit-as-a-Service" platform. Established in 2017 and headquartered in the United States, the company combines deep technical expertise with a robust AI and regulatory framework to address the pressing need for Vendor AI Risk Assessment.
The company's service addresses the growing risk associated with third-party AI vendors, highlighting that 73% of firms reported incidents in 2023, with 41% of serious breaches linked to vendors. Their solution, "Batoi Insight", audits critical domains such as Transparency, Privacy, Compliance, Governance, Ethics, and Risk Monitoring, providing clear, actionable reports in hours.
BCube boasts robust security certifications like ISO 27001, SOC2 Type II, GDPR, and HIPAA, ensuring data safety and regulatory compliance. With support from MassChallenge through a Non Equity Assistance investment on 21 October 2020, BCube Analytics is well-positioned to transform how enterprises manage AI-related risks.