SAI360 Expands AI Capabilities Through Acquisition of Plural Policy

SAI360 has recently completed the acquisition of Plural Policy, a leading AI-driven regulatory intelligence company focused on analyzing legislative and regulatory text at scale. This move aims to enhance SAI360's AI capabilities in response to the increasing volume, velocity, and complexity of global regulatory change. The acquisition sees Plural's team, known for their expertise in applying and tuning large language models (LLMs) to interpret and analyze policy and legislative text, joining forces with SAI360.

The integration of Plural's AI-driven solution with SAI360's Regulatory Compliance Management (RCM) module is expected to empower customers to anticipate, identify, understand, and respond to regulatory change while ensuring organizational compliance. Peter Granat, CEO of SAI360, emphasized the need for smarter tools to proactively manage compliance in today's rapidly evolving regulatory environment, and the strategic importance of integrating Plural's expertise into SAI360.

The acquisition has garnered positive feedback from industry experts, with Michael Rasmussen, GRC analyst at GRC 20/20 Research, highlighting the potential of this move to unite advanced content analysis with a mature GRC framework, enabling companies to gain clearer insight into regulatory compliance changes and the impact of pending legislation. Damola Ogundipe, CEO and Co-Founder of Plural Policy, expressed the team's enthusiasm for joining SAI360 to expand the impact of their work in the legislative AI space and help organizations transition from reactive compliance to proactive, predictive insight.The acquisition reflects SAI360's commitment to leveraging AI in regulatory and compliance technology, as articulated by Edouard Didier, Managing Director at STG, the firm that owns SAI360.

Financial terms of the transaction were not disclosed. SAI360 is a provider of software that supports organizations in managing ethics, compliance, and risk in a unified platform. Plural Policy, founded in 2018, is renowned for its AI-driven policy-tracking platform designed to enhance the transparency, responsiveness, and inclusivity of policy creation. STG, the private equity partner to SAI360, is dedicated to building strategic value and unlocking the potential of innovative companies in the technology sector.