Praxi AI makes compliance effortless by automating risk assessments, generating detailed documentation, and creating comprehensive audit trails that align with the complexity and evolving requirements of the EU AI Act.
By streamlining these processes, Praxi AI helps organizations save time, reduce errors, and ensure they meet regulatory standards, allowing teams to focus on innovation with confidence.
The EU AI Act marks a turning point in AI governance.
For any organization deploying AI in critical sectors – from insurance to finance to HR – the message is clear: transparency, traceability, and human oversight are no longer optional.
With fines of up to €35M or 7% of global revenue, the cost of getting it wrong is steep. But for forward-thinking teams, this is an opportunity to future-proof operations – and build trust through responsible AI.
The regulation introduces a tiered risk-based approach to AI.
Systems are categorized as:
Unacceptable (banned outright)
High-risk (subject to strict oversight)
Limited risk (some transparency required)
Minimal risk (no regulation)
For high-risk systems, you need:
AI lineage tracking
Human-in-the-loop controls
Impact assessments & documentation
Ongoing monitoring and updates
Auditability and version control
As AI systems evolve, so must your governance — but traditional tools weren’t built for this.
Praxi AI empowers insurers with a smart, streamlined approach to IFRS17 compliance, helping organizations navigate complex regulations with ease and efficiency.
Instantly classify your AI systems and flag risk levels. No spreadsheets. No guesswork.
Track how data flows through models – from input to output – and generate complete system histories.
Model cards, DPIAs, audit logs – all auto-generated, version-controlled, and regulation-ready.
Embed fairness assessments, QA checks, and approvals directly into your workflows.
Integrates with your data stack, APIs, and vendor tools with minimal engineering lift.
Here’s how Praxi AI streamlines and transforms compliance workflows at every stage. By automating routine tasks like data entry and document verification, it saves your team valuable time and resources.
Praxi AI also enhances accuracy by minimizing human error and providing real-time insights, ensuring your compliance processes remain efficient, reliable, and error-free. Plus, its user-friendly features make it easy to integrate into your existing systems, so you can focus on what matters most – achieving your business goals.
Streamlines the collection, validation, and transformation of risk and finance data from multiple sources.
This ensures data accuracy, consistency, and readiness for further analysis, saving time and reducing manual errors.
Accurately generates essential risk metrics, including SCR breakdowns, capital calculations, and other regulatory measures.
This allows businesses to monitor their financial health and regulatory compliance with confidence and precision.
Simplifies the creation of Pillar 3 disclosures, governance reports, and detailed audit trails.
These automated processes ensure compliance, improve transparency, and make sign-offs seamless and efficient for all stakeholders.
Submit your finalized reports on time with complete confidence. Our solution ensures all reports are formatted to meet regulatory requirements, helping you stay compliant and stress-free.
Each step is designed to simplify your compliance process and give you peace of mind.
Metric
-Time to compliance
-Audit findings
-Documentation coverage
-Onboarding time
-Traceability
Result
-60-80% faster
– 30% fewer due to real-time documentation
-100% of high-risk systems
-4–6 weeks to full deployment
-End-to-end across all AI lifecycle stages
“We moved from uncertainty to complete compliance in under a month. Praxi gave us clarity – and confidence.”
— Head of Data Governance, EU Financial Services Firm
In a compliance environment where proof matters more than intent, your documentation, traceability, and version control are your best defense.
“Lineage isn’t just a technical map – it’s your paper trail in a regulatory world.”
With Praxi AI:
You don’t just track models, you understand them.
You don’t just log outputs, you reveal logic.
You don’t just react to regulation, you lead with responsibility.
What counts as high-risk under the EU AI Act?
Anything used in hiring, credit scoring, biometric ID, healthcare, education, and beyond.
Can Praxi support both custom and general-purpose AI?
Yes – it’s designed to work with proprietary, open-source, and third-party systems.
How long does it take to get started?
Most organizations are fully live in 4–6 weeks.
Can I customize documentation workflows?
Absolutely – everything from templates to approval chains can be configured to match your governance needs.
Regulation is here – and it’s only getting stricter.
Praxi AI helps you meet today’s standards while preparing for tomorrow’s.