CRI AI RMF Product

AI adoption is moving faster than most risk programs can keep up with, especially in financial services. SmartSuite's CRI AI Risk Management Framework solution gives organizations a structured, enterprise-wide way to identify, assess, and govern AI risk across the full lifecycle of adoption, built in partnership with the Cyber Risk Institute.
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Key highlights

• Centralized AI Risk and Control Management: Operationalize the CRI AI RMF in a single system aligned to financial services standards.
• AI Adoption and Maturity Assessments: Run structured questionnaires and risk-control matrices to evaluate maturity, surface gaps, and track progress across adoption stages.
• Risk and Control Mapping: Map identified AI risks to recommended controls with detailed guidance for governance, mitigation, and oversight.
• CRI Profile Alignment: Cover the Govern, Map, Manage, and Measure domains with control coverage tracked across each function.
• Dashboards and Reporting: Get real-time insight into AI risk posture, maturity, and control effectiveness across business units and use cases.
• Audit-Ready Evidence: Compliance teams can pull connected AI risk records, assessments, and decisions for examiners and internal audit.
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How it works

• AI use cases and their associated risks are captured and organized against the CRI AI RMF across domains and functional areas.
• Teams complete AI adoption and maturity assessments using standardized questionnaires that score risk exposure and control effectiveness.
• Identified risks are mapped to recommended controls through the Risk and Control Matrix, generating clear mitigation and governance actions.
• AI risk posture is monitored continuously through dashboards and metrics, surfacing changes in maturity, coverage, and emerging risks in real time.
• Optional AI features can be configured to summarize assessments, detect anomalies, or recommend controls, with human oversight retained throughout.
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Financial institutions and other regulated organizations now have a connected, framework-aligned home for AI risk management, ready to evolve as AI standards and supervisory expectations continue to mature.