Dynamic Planner has achieved the industry’s first ISO/IEC 42001: 2023 AI Management Systems certification, reaffirming its commitment to responsible AI governance.
The digital advice platform said the certification signifies the firm’s continued focus on maximising the “transformational power” of AI and data at a watershed moment for the investment and financial planning industry.
To further support this push, Dynamic Planner has made three new appointments.
Dr Priya Sinha has joined as data scientist; Thorfinn Maciver has been appointed as head of technical innovation and cyber security; and Claire Thomas has joined as governance and operations partner.
Ben Goss, CEO of Dynamic Planner, said: “The transformative power of AI and data is a watershed moment, shaping the investment and financial planning industry. Certification to ISO/IEC 42001 formalises our continued commitment to responsible AI governance and gives advisers, wealth managers and asset managers independent third-party assurance that our AI enabled processes are managed under an internationally recognised framework for ethics, transparency and robust risk management.
“In an industry where trust and regulatory compliance like Consumer Duty are paramount, we can prove our proactive commitment to the secure, fair and responsible application of AI, giving our partners demonstrable confidence in the integrity of the tools they rely on to determine client suitability and outcomes.”
