AuditBoard and EY announce partnership for UK customers

Cloud-based platform AuditBoard has announced a new alliance with EY in the UK. The Big Four firm will form a centre of excellence with the organisation, delivering bespoke support for its customers.

Founded in 2014, AuditBoard works with audit, risk, and compliance professionals, around the world. The California-headquartered firm helps clients adapt to a dynamic risk landscape with a modern, connected platform that engages the front lines, surfaces the risks that matter, and drives better strategic decision-making.

As it looks to help more audit, risk, compliance, and ESG management efforts in the UK, it has agreed a partnership with EY. Building on an agreement initially forged on the other side of the Atlantic, the two organisations will offer customers in the UK local support to transform their risk management strategies.

“We are delighted to announce the alliance with AuditBoard in the UK market,” said Chris Gallagher, EY UK&I risk consulting leader. “The alliance, which began in 2022 with EY US, will be about bespoke consulting and integration services to empower businesses to navigate complex regulatory environments, and effectively leverage technological advancements.”

EY has also established a centre of excellence in the UK to deliver tailored consulting and integration services for AuditBoard customers. The centre will focus on helping customers modernise their risk management approaches and improve business outcomes, as they face growing complexities in their risk and compliance workloads.

“Today’s regulatory environment requires teams to prioritise efficiency and agility in their programs,” said Ravi Patel, director of alliances, EMEA, at AuditBoard. “We are thrilled to be able to expand support to EMEA to equip our customers with forward-thinking risk management strategies, ensuring resilience and continuity for their organisations in an unpredictable environment.”

EY’s leader for the alliance, Hasan Ali, added that the EY–AuditBoard collaboration will help clients to make the most of recent technological advances. Offering “advanced risk management technology and access to strategic advisors”, EY and AuditBoard will now help to prepare for new regulations, “such as UK corporate reform, controls transformation, and initiating their artificial intelligence journey."