FINOS vs ISO 42001: What to Choose

FINOS vs ISO 42001: What to Choose

From The ITSM Practice: Elevating ITSM and IT Security Knowledge by Luigi Ferri

May 12, 2026 · 9 min · Season 3 · Episode 10

About this episode

This episode discusses the advantages of FINOS over ISO 42001 for AI governance in fintech.

Fintech leaders: stop defaulting to ISO 42001. Discover how FINOS empowers you to design scalable, audit-ready AI governance before regulation forces your hand. Learn to align controls, reduce risk, and build governance by design—not by pressure. In this episode, we answer to: What makes FINOS a powerful alternative to ISO 42001? How can fintechs design governance before audits hit? Why does governance fail without alignment? Resources Mentioned in this Episode: FINOS website, article "AI Strategic initiative series: Building an AI Governance Framework - Key Takeaways from the NYC Workshop", link https://www.finos.org/blog/building-an-ai-governance-framework-key-takeaways-from-the-nyc-workshop FINOS website, article "FINOS AI Governance Framework v1.0 — Turning Drafts into Deployable Guardrails", link https://www.finos.org/blog/finos-ai-governance-framework-v1.0-turning-drafts-into-deployable-guardrails Air Governance website, article "A heuristic approach to identifying GenAI risks", link https://air-governance-framework.finos.org/heuristic-assessment.html Air Governance website, article "FINOS AI Governance Framework", link…

People in this episode

Host: Luigi Ferri

Topics covered

  • AI governance
  • Fintech
  • ISO standards
  • Risk management
  • Regulatory compliance

Keywords

  • FINOS
  • ISO 42001
  • AI governance
  • fintech
  • risk reduction
  • audit readiness

Mentioned in this episode

Organizations: FINOS, ISO 42001, Air Governance

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