Industry Solution

AI Governance for Financial Services

Enable financial advisors, compliance teams, and analysts with governed AI while satisfying SEC, FINRA, and state regulators

Why Financial Services Needs Governed AI

The data on shadow AI risk in finance — recordkeeping is the next 17a-4 enforcement target

42%
Of bank advisors currently use AI, projected to 77% within two years (Cerulli 2025)
80%+
Of workers use unapproved AI tools at work (UpGuard 2024)
$3B+
SEC/CFTC/FINRA penalties for off-channel comms since Dec. 2021 — the precedent for AI under Rule 17a-4
67%
Of banks used AI in 2025, up from 56% in 2023 (Deloitte EMEA Model Risk Management Survey)

The Financial Services Shadow AI Problem

Your advisors, compliance teams, and analysts are using AI to work faster, but without governance, you're exposing client data and violating SEC/FINRA rules

Investment Research

Financial Analysts

What they do:

Pasting client portfolios, account positions, and proprietary research into ChatGPT for analysis

The problem:

Client account data and proprietary investment research shared with third-party AI without governance

⚠️ The risk:

SEC Reg S-P violations, FINRA supervision failures, fiduciary breach exposure

Client Communications

Financial Advisors

What they do:

Drafting client letters, market commentary, and investment recommendations through AI tools

The problem:

AI-generated advice without supervision, review, or approval workflows

⚠️ The risk:

FINRA Communications Rule (2210) violations, unsuitable recommendations, undocumented advice

Compliance Reviews

Compliance Teams

What they do:

Running policy reviews, trade surveillance summaries, and regulatory filings through ChatGPT

The problem:

Confidential compliance data and pre-publication regulatory work product shared externally

⚠️ The risk:

Inadvertent disclosure of MNPI, regulatory privilege waiver, SEC examination findings

Internal Audit

Audit & Risk Officers

What they do:

Summarizing audit findings, drafting risk assessments, and analyzing transaction patterns through AI

The problem:

Internal control weaknesses and confidential findings exposed to public AI models

⚠️ The risk:

Material weakness disclosure issues, audit work paper contamination, board reporting exposure

The Compliance Nightmare

How shadow AI maps to specific financial-services regulatory risk

SEC

SEC Examination Risk

No audit trail of AI usage means you can't demonstrate supervision or compliance with recordkeeping requirements under Rule 17a-4.

SEC Reg S-P

Client Privacy Violations

Client data shared with ChatGPT or Claude violates Reg S-P privacy notices, contractual obligations, and state privacy laws.

FINRA

FINRA Communications Rules

AI-generated client communications may not meet Rule 2210 supervision, review, or approval requirements before delivery.

Fiduciary

Fiduciary Breach Exposure

AI-generated investment advice without proper oversight could expose advisors to fiduciary breach claims and arbitration awards.

Why Blocking AI Doesn't Work in Finance

Bans backfire, advisors find workarounds and your compliance visibility goes to zero

Productivity Pressure

Financial advisors are measured on AUM growth, client retention, and revenue per advisor. AI tools materially improve their output. Bans put them in conflict with their own incentives.

  • 25-40% faster research and analysis
  • 50% faster client letter drafting
  • Real competitive disadvantage if blocked

Personal-Device Workaround

Block AI on corporate devices and advisors use personal phones. You now have zero visibility, zero audit trail, and the same client data exposure, just invisible.

  • SEC requires supervision of business communications
  • Off-channel comms is already an enforcement priority
  • Personal-device shadow AI compounds both risks

Talent Risk

AI-native firms attract top advisors and analysts. If your firm bans the tools they were trained on, your recruiting pipeline narrows and your retention erodes.

Enable Financial Teams With Governed AI

Give advisors, compliance, and analysts the AI productivity gains, with the controls SEC and FINRA expect

Higher Adoption Than Bans

Staff use it because it's legitimately better than the consumer tools they were trying to use behind your back. No workarounds, no shadow AI.

  • Single SSO-protected interface to all major AI models
  • Compliance without blocking productivity
  • Net Promoter from end users, not just IT

Supervision & Recordkeeping

Every prompt, every response, every model used, captured for the full Rule 17a-4 retention window. Demonstrate supervision in the next exam, not next quarter.

  • 6-year audit retention out of the box
  • Per-user, per-team, per-account-segment review queues
  • Reviewer comments and pre-publication approval workflows

Enterprise Security

Client data never trains a public model. PII redaction is automatic. Role-based access ensures advisors only see their book, compliance sees everything.

  • SOC 2 Type II certified
  • SEC Reg S-P and state privacy law aligned
  • Optional on-premise deployment for largest firms

Financial Services Use Cases

How financial firms use governed AI to improve outcomes while maintaining compliance

8-12 hrs/week saved

Investment Research

Analysts use governed AI to summarize earnings calls, parse 10-Ks, and structure research notes, with every artifact captured for compliance.

4× faster client letters

Client Communications

Advisors draft quarterly letters, market commentary, and proposals with AI assist, reviewed and approved through built-in supervision workflows.

60% review-time reduction

Trade Surveillance

Compliance teams use governed AI to surface anomalies in trade and communication patterns, with full audit logging back to specific reviewers.

3× faster filings

Regulatory Filings

Drafting Forms ADV, BCP, and other regulatory filings using approved AI assistants with internal-only knowledge bases.

Meeting Financial Regulatory Requirements

Mapping governed AI to your specific compliance obligations

SEC Rule 17a-4

Books & Records

Full prompt/response retention with tamper-evident logging for the required retention window.

FINRA Rule 2210

Communications Supervision

Pre-publication review queues, approver workflows, and audit-ready records of every AI-generated client communication.

SEC Reg S-P

Client Data Privacy

PII redaction before any external model call, BAA-level controls on subprocessors, and per-user data access logging.

Ready to govern AI in your firm?

Start with the free Shadow AI Risk Check, or download the leaders guide to build your case internally.