“Today’s regulatory environment is characterized by global trends and localized rules, which means regulatory change is moving faster than ever, and organizations need smarter tools to proactively manage compliance,” said Peter Granat, CEO of SAI360. “Plural’s AI-focused team understands how legislation is written and how it evolves. Bringing their team into SAI360 allows us to strengthen the intelligence behind our regulatory change capabilities and give customers clearer, earlier insight into what’s coming.”

Michael Rasmussen, GRC analyst at GRC 20/20 Research shared, “This acquisition brings AI-driven legislative and regulatory intelligence directly into the heart of decision-making, uniting advanced content analysis with a mature GRC framework to help companies understand not just today’s regulatory compliance changes, but the impact of pending legislation to the organization.”

Plural’s work focuses on applying and tuning AI models specifically for legislative and regulatory language—identifying key themes, comparing versions, and spotting meaningful changes quickly. Applying this experience inside SAI360 will support more accurate obligation analysis, earlier detection of emerging topics, and better alignment between regulatory updates and compliance requirements such as policy and procedure updates.

“We built Plural to make policy and regulation intelligence smarter, more accessible, and more impactful – all powered by deeply contextual AI models,” said Damola Ogundipe, CEO and Co-Founder of Plural Policy. “Joining SAI360 allows us to expand the impact of our work and bring our legislative AI capabilities into a broader risk and compliance ecosystem. Together, we’re helping organizations move from reactive compliance toward proactive, predictive insight.”

“SAI360’s acquisition of Plural Policy reflects our conviction that AI will play a defining role in the future of regulatory and compliance technology,” said Edouard Didier, Managing Director at STG, which owns SAI360. “Plural’s specialized experience strengthens SAI360’s long-term strategy and enhances its ability to deliver more intelligent, more adaptive solutions to customers worldwide.”

The acquisition reinforces SAI360’s continued investment in AI that reduces manual work, improves accuracy, and helps organizations stay informed and prepared as regulatory expectations evolve.

Financial terms of the transaction were not disclosed.

About SAI360

SAI360 delivers software that helps organizations manage ethics, compliance, and risk in one connected platform. We combine training, policy management, incident reporting, regulatory intelligence, and risk tools to help companies stay aligned with regulations, strengthen culture, and respond quickly to change. For more information, visit sai360.com. 

About Plural Policy

Founded in 2018 by Damola Ogundipe and Yemi Adewunmi, Plural is a policy-tracking platform that uses artificial intelligence to make policy creation more transparent, responsive and inclusive. Its platform enables organizations to easily sift through the overwhelming amount of updates that happen during legislative sessions, making research smarter, faster and less expensive. Visit pluralpolicy.com to learn more.

About STG

STG is a private equity partner to market-leading companies in data, software, and analytics. The firm brings experience, flexibility, and resources to build strategic value and unlock the potential of innovative companies. Partnering with a goal to build customer-centric, market-winning portfolio companies, STG seeks to create sustainable foundations for growth that bring value to existing and future stakeholders. The firm is dedicated to transforming and building outstanding technology companies in partnership with world-class management teams. STG’s expansive portfolio has consisted of more than 50 global companies. For more information, please visit www.stg.com.

Media Contact:
Marsha Fisher
(312) 546-4500
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SOURCE SAI360

The post SAI360 Announces Acquisition of Plural Policy, Expanding AI Compliance Capabilities to Accelerate Regulatory Change Management appeared first on Plural Policy.

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Employing cutting-edge AI capabilities, Plural aims to make the often-opaque policymaking process more transparent and accessible to those wanting to stay abreast of policy changes. Beyond tracking and monitoring legislation–services other bill trackers provide–Plural’s AI-powered features can provide high-value summaries of legislation; policy-related data, insights, and reports; and stakeholder collaboration and engagement capabilities.

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The team at CNTR recently published an overview of proposed AI legislation across all 50 states. It identified 610 bills on AI in general, and 114 bills that would regulate state governments’ use of AI. CNTR used Plural to find, track, and categorize these bills for analysis. The analysis identified areas where states may have gaps in AI policy, as well as opportunities to better “harmonize” a given AI procurement policy with federal guidelines. With so many states enacting new rules for AI all at the same time, avoiding unnecessarily conflicting rules through harmonization efforts could make those rules more clear and likely to be followed.

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Plural’s co-founder and COO, Damola Ogundipe, was featured on a recent episode of Center Maryland’s “The Lobby” podcast.

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Plural, an AI-driven policy tracking platform, has announced its entry into the African market, starting with Nigeria and South Africa. The move aligns with the implementation of the African Continental Free Trade Agreement and the growing demand for transparent policies to promote free trade and economic growth.

Plural initiated a controlled release of its AI product in Africa in June 2023, collaborating with select partners to understand specific regional needs and customize its offerings accordingly. Presently, Plural’s services are available in Nigeria and South Africa, with plans to expand to other African regions from September 2023.

The platform claims its comprehensive AI-backed solution can contribute to various sectors, including politics, government, and business. Access to up-to-date and reliable policy data is crucial for informed decision-making, especially in regions with unique legislative landscapes like Africa.

Obinna Osisiogu, VP of Plural Africa, highlighted the significance of providing current and trustworthy policy information as African economies undergo legislative changes. The platform’s collaboration with Nigerian social network Afrilabs has facilitated enhancements and transparency.

Jennifer Okeke-Ojiudu, Senior Ecosystem Engagements Manager at Afrilabs, noted the synergies between Plural’s offerings and their own Policy Pathways initiative, expressing enthusiasm for the partnership.

The post TechAfrica News | AI Policy Tracking Platform Plural Expands into Africa, Aiding Policy Transparency appeared first on Plural Policy.