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I needed a cost-effective transaction monitoring tool which would identify high-risk transactions, flag potential control weaknesses, improve over time through machine learning, reduce the number of false positives reviewed by the compliance team and be user-friendly in terms of configuration and visualization. konaAI delivers on all counts, and I was very pleased with the choice we made.

Amay Sharma
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ISO/IEC 42001 Accredited Certification

Covasant has achieved the ISO/IEC 42001 accredited certification, the world’s first international standard for an AI Management System (AIMS). It addresses the unique challenges AI poses, such as ethical considerations, transparency, and continuous learning. For organizations, it sets out a structured way to manage risks and opportunities associated with AI, balancing innovation with governance. This global standard ensures AI is designed and used with accountability, transparency, and responsibility at its core.

This achievement places Covasant among an elite group of organizations worldwide to earn ISO 42001 accredited certification. It validates our robust governance framework to ensure responsible AI practices, transparency, and trust across all our solutions. Adherence to ISO/IEC 42001 demonstrates our commitment to ethical AI principles, risk management, and compliance with international best practices. By embedding governance and accountability into our processes, we create an ecosystem where innovation is balanced with responsibility, ensuring every AI-driven interaction aligns with global standards for fairness, reliability, and safety.

For our clients, this accredited certification offers the assurance that AI governance is built into our architecture by design, safeguarding integrity and compliance throughout the lifecycle of our solutions.

ISO/IEC 27001 and ISO/IEC 27701 Certification

Covasant has formally achieved both ISMS (ISO/IEC 27001) Accreditation and PMS (ISO/IEC 27701) Letter of Conformity. This dual certification validates that we have integrated rigorous security controls with strict privacy protection. Our adherence to these industry standards demonstrates Covasant’s resolve to uphold strict data governance and privacy rights, enabling us to foster a secure ecosystem, where every interaction is backed by verified safety measures. For our clients, this certification offers the assurance that confidentiality and privacy are built into our architecture by design, ensuring their data is guarded by a systematic approach that respects both security protocols and individual privacy rights.

Our privacy and security framework encompasses detailed policies, processes, procedures, and guidelines, supported by relevant safeguards designed to withstand a continuously evolving threat landscape. To validate this security maturity, we engage in annual independent audits by accredited certification bodies and fully support clients who wish to assess our security and privacy posture as part of their respective Third-Party Risk Management (TPRM) programs.

ISO 27001-English