AI unleashed: a business opportunity, not just a technology implementation

AI is disrupting business models and is pervasive. Large Australian corporates are now embracing enterprise agentic solutions and KSIB helps navigate the complexity of re-designing processes while ensuring risk mitigation and key controls are prioritised and tested with appropriate human oversight. Our methodology to design and assess AI led transformations has now been tested with several large clients: 

KSIB AI Framework

Our key reflection from the work we have done with large clients in 2025 and 2026 is that AI implementations, particularly enterprise agentic change, is as much a people and risk consideration as it is a technology and data one. The innovation system that works ensures that all key stakeholders and functions have a seat at the decision table: business leadership, risk, people, technology and data. 

KSIB Case Study 1

Case Study 01

Optimising the organisational structure to effectively manage risk

KSIB worked with an ASX 50 organisation seeking to drive an "AI First" strategy to consider its organisational structure. The focus was to ensure that risk management was at the forefront of the development of AI use cases and that appropriate governance, risk mitigations and controls are always in place before go-live implementations.

The result

New risk focused roles created — with a seat at the design table

Clearly articulated governance, structures and processes to support efficient and effective AI use cases

Creation of new controls to manage new AI related risks

Straightforward, plain English reporting to Board and regulators

KSIB has also worked with several large regulated organisations to design an AI enabled approach to the transformation of risk management. This transformation approach is summarised below and focuses on achieving the following results: 

  • Risks managed proactively 

  • Risk managers focused on strategic and emerging risks and monitoring the risk management system 

  • 100% of critical obligations monitored  

  • 100% of key controls tested real time, 365 days per year 

  • Dashboarding for risk/control owners with suggested actions where risk is out of appetite 

KSIB Old World vs AI World
Old world
Risks – GRC system
+
Obligations (Difficult to keep updated)
Significant number of controls – many of which are redundant / not key
Sample based assurance
AI enabled world
Risks (Improved GRC)
+
Obligations (can be mapped with AI tooling)
Key controls — AI, existing ITGC + HUMAN
100% assurance, real time + other ITGC + HUMAN OVERSIGHT

If the GRC is fed by an intelligent, constantly updated system – this can dramatically improve risk management in an AI enabled world.

Many existing controls may be redundant and key IT and business process controls need to be identified and tested in the new world. Controls by design and effective architecture in AI systems will facilitate this. Testing of the full population of key controls, continuously, with surfacing of out of tolerance issues to control owners daily will become the norm for both financial and non-financial controls.

KSIB has partnered with Newton Russell and their Bronte platform to help clients transform their risk management system at an overall level.   

The approach involves strategic design and consulting from KSIB supported by implementation of the Bronte platform.   

Problems the Bronte platform can solve: 

  • Uplifting IT, cyber and data controls for humans and agents 

  • Continuous monitoring of critical business and finance controls 

  • Real time risk and controls self assessments (RCSAs) 

For more information visit: www.newtonrussell.com