KPMG and FRA sign AI and crypto tech deals

KPMG UK has joined up with MindBridge to use advanced artificial intelligence (AI) for digital audit, while Forensic Risk Alliance ramps up crypto transaction verification service

KPMG’s smart audit platform, KPMG Clara, will be embedded in MindBridge’s technology in order to implement its AI-based solutions into digital audits.

The technology, which has been piloted with a number of KPMG member firms, will allow the identification of unexpected and high risk transactions, as well as enhance the quality of audits.

The cloud-based platform offers a risk-based and data-enabled digital audit that is consistent across global KPMG firms.

KPMG Clara, the audit platform, offers clients a 24/7 window into the status of an audit and acts as a single source for the exchange of important information.

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