Andera and RSM Launch First AI-Enabled Control Testing Platform to Modernize Internal Audit

Andera and RSM US LLP have formed a strategic alliance to launch an AI-enabled control testing platform, addressing the critical talent shortages and rising costs currently hampering internal audit functions. For fintech professionals, this represents a significant shift toward automating high-stakes compliance workflows like SOX, KYC, and AML through unstructured data analysis.

What was announced

The partnership integrates Andera’s frontier AI technology into RSM’s next-generation audit platform. The resulting solution is a first-of-its-kind AI-powered control testing platform specifically engineered to assist internal audit teams in scaling their compliance efforts in real time. The primary objective is to move auditors away from repetitive manual testing activities, allowing them to focus on risk analysis, trend identification, and business advisory roles.

The platform is designed to handle the complexities of modern regulatory environments by reviewing unstructured evidence across various file types and sizes. It executes directed test steps and generates annotated audit documentation that maintains full traceability back to the original source materials. Because the AI capabilities were built using workflows developed by experienced auditors, the system is designed to pick up on specific testing nuances unique to individual companies without requiring a lengthy setup process.

Andera’s technology is already utilized by multiple Fortune 500 companies to manage a broad spectrum of audit requirements. These include Sarbanes-Oxley (SOX) compliance, operational audits, Know Your Customer (KYC) protocols, Payment Card Industry (PCI) standards, Anti-Money Laundering (AML) checks, and cybersecurity assessments. By combining this with RSM’s industry-specific consulting and assurance expertise, the alliance aims to provide middle-market and large-scale organizations with a way to expand testing coverage and improve documentation quality without increasing the burden on existing staff.

"Andera’s AI capabilities were built by auditors for auditors and designed to pick up on the testing nuances of each company, much in the same way a company would expect an employee to adapt to a new workplace."

Andera.

The companies involved

RSM US LLP is a prominent provider of audit, tax, and consulting services, specifically focused on the middle market. It operates as part of the global RSM network, which includes RSM UK, a firm that provides similar assurance and risk management services. RSM is known for its emphasis on pairing industry-specific knowledge with technological innovation to surface insights that minimize business disruption while maintaining rigorous compliance standards.

Andera is a provider of AI-powered audit and compliance technology. The company specializes in creating "frontier" AI solutions that automate the more labor-intensive aspects of the audit process. Its technology is built to mirror the methodologies of human auditors, enabling it to interpret complex, unstructured data that traditional automated tools often struggle to process. By focusing on high-regulation areas such as KYC, AML, and cybersecurity, Andera has positioned itself as a key technology partner for large enterprises and Fortune 500 firms looking to modernize their internal control environments through artificial intelligence.

What FF News has reported before

FF News has previously tracked the increasing pressure on audit and risk professionals as financial crime and regulatory scrutiny intensify. We recently noted that Fraud Loss Reaches £2.3bn as Fraudsters Become Increasingly Sophisticated, highlighting the need for more robust defensive technologies. RSM UK has also been a voice in this space, with the firm previously stating that Prevention Is Key to Tackling Fraud This Black Friday amid a rise in authorized fraud complaints.

The regulatory landscape is also shifting rapidly, as seen in our report on how New FCA Safeguarding Rules Could Present Major Challenges for Payment Firms. Furthermore, the intersection of audit and security remains a priority, particularly as Businesses Should Prepare for Cyber-Attacks Amid Sharp Rise in ‘Nationally Significant’ Incidents, a trend that necessitates the real-time control testing capabilities offered by the new Andera and RSM alliance.

What this means

This alliance signals a move away from "sample-based" auditing toward a model of continuous, total-population testing. For the fintech sector, where KYC and AML failures carry heavy manual overhead and massive fines, the ability to process unstructured data at scale is a major shift. Traditional audit firms are under immense pressure to prove their value as "human-only" workflows become too slow for modern digital finance. By embedding AI directly into the audit platform, RSM is challenging the traditional billable-hour model, potentially forcing competitors to either adopt similar frontier AI tools or risk being priced out by more efficient, tech-first assurance providers. The industry must now ask if regulators will accept AI-generated documentation as the gold standard for traceability.