Archer, a company based in Overland Park, KS, specializing in integrated risk management solutions, has recently completed the acquisition of Compliance.ai, a leading provider of AI-driven regulatory change management solutions. While the specific financial details of the deal remain undisclosed, the move marks a significant step for Archer in bolstering its offerings for clients navigating complex regulatory landscapes.

The integration of Compliance.ai’s advanced AI technology will enable Archer clients to streamline their compliance efforts by automating crucial tasks such as monitoring, tracking, and responding to regulatory changes in real time. By leveraging Compliance.ai’s expertise in applying machine learning and AI to regulatory updates, organizations can expect improved accuracy and efficiency in managing compliance obligations.

According to Bill Diaz, CEO of Archer, “We’re thrilled to welcome Compliance.ai to the Archer family. This acquisition aligns with our commitment to empowering organizations to effectively manage risk and compliance challenges, leveraging cutting-edge technology to drive efficiency and foresight.”

The sentiment is echoed by Kayvan Alikhani, co-founder and Chief Strategy Officer of Compliance.ai, who sees the partnership with Archer as an opportunity to transform compliance into a competitive advantage for regulated entities worldwide. Alikhani emphasizes the synergies between Compliance.ai’s AI-powered solutions and Archer’s comprehensive risk and compliance management platform.

Industry analysts have also weighed in on the significance of the acquisition, with Michael Rasmussen of GRC 20/20 highlighting Archer’s strengthened position in cognitive GRC (Governance, Risk, and Compliance) compared to other solution providers. Rasmussen emphasizes the value proposition for clients, citing enhanced efficiency, effectiveness, resilience, and agility in managing risk and compliance.

Compliance.ai’s approach to regulatory change management, which involves automatically mapping regulatory updates to internal policies and controls, complements Archer’s overarching goal of providing a unified risk and compliance management platform. By integrating risk and compliance functions, Archer aims to foster collaboration, enhance visibility, and drive efficiency across organizations of all sizes and industries.

With over two decades of experience in the field, Archer remains dedicated to helping organizations navigate uncertainty, ensure compliance, and seize growth opportunities. With a diverse clientele and a focus on emerging challenges such as Environmental, Social, and Governance (ESG) considerations and operational resilience, Archer continues to evolve its offerings to meet the evolving needs of the risk management community.

For more information about Archer and its solutions, visit www.ArcherIRM.com.