Latest news with #KPMGWorkbench
Yahoo
4 days ago
- Business
- Yahoo
KPMG Launches KPMG Workbench: A Multi-Agent AI Platform, Transforming Client Delivery and Ways of Working Across the Global Organization
KPMG Workbench is an open, interoperable AI platform, developed on Microsoft technology and with their support, that is empowering KPMG professionals with the support of trusted, intelligent AI agents to accelerate innovation for clients and complement human expertise. New York, New York--(Newsfile Corp. - June 18, 2025) - KPMG International today launched KPMG Workbench - KPMG's foundational and single AI platform designed to scale global adoption and integration of AI, while enhancing trust and control over AI across all geographies and teams. It is part of the global organization's multi-billion dollar investment in AI and agentic transformation and is the foundation that will underpin KPMG firms' client delivery platforms, KPMG Digital Gateway (Tax), KPMG Velocity (Advisory) and our smart audit platform, KPMG Clara. This is the latest of several AI announcements from KPMG following recent investments with Microsoft and other alliance partners to help create value, faster by bringing innovative digital solutions, efficiency gains and advanced technology in practical ways to clients. Highlights KPMG Workbench has a network of 50 AI assistants (agents) and chatbots that interact with each other across multiple sectors, with nearly a thousand AI assistants in development to meet diverse client needs. These agents, built to work with a range of large language models (LLMs), work as digital teammates alongside KPMG professionals to help provide quicker, quality, trusted solutions for clients. KPMG Workbench is a flexible platform built on Microsoft Azure AI Foundry Services that allows for interoperable, agent to agent communications. In addition, it brings together capabilities from across the KPMG ecosystem of alliance partners, such as Oracle, Salesforce, ServiceNow, Workday and more, so clients accessing it can choose the model or AI agent that fits their task. KPMG Workbench will help enable the next generation of KPMG's AI-enabled client service delivery, including innovative and content rich 'Services as Software' (SaS) that aims to provide KPMG clients with AI tools steeped in our people's deep industry expertise and experience. KPMG Workbench has built-in data sovereignty, meaning clients can maintain full control of how their data is stored and processed and manage diverse risk and governance needs, helping them to meet local and global regulatory requirements. KPMG is the first organization in the world to achieve BSI/ISO 42001* certification for AI Management Systems and every agent and tool on KPMG Workbench is accredited with a KPMG "Trusted AI stamp"- ensuring every tool and agent has been assessed against our 10 pillar Trusted AI Framework. "Clients tell us that their ability to orchestrate and control their agents in a secure way is becoming their number one concern. They also want a multi-model platform rather than being locked into one provider. Recognizing this, and KPMG's own needs as a complex global business, the strategy was to build a foundational AI platform that has sovereign data capabilities and enables our people to integrate AI models into one environment that is embedded in our Trusted AI Framework. With KPMG Workbench, we're combining advanced AI agents with the insight, judgment and deep expertise of our people to deliver smarter solutions for clients, faster and with full confidence in their security and compliance." - David Rowlands, Global Head of AI, KPMG International A shared vision for transforming how KPMG professionals work KPMG leveraged the Microsoft Azure platform, including AI capabilities in Azure AI Foundry, as the foundation for KPMG Workbench. This investment marks the evolution of Workbench from a proven platform for KPMG's developers to the firm's central hub for delivering and managing AI, using advanced agent interoperability technology to connect intelligent tools and support throughout various stages of the client journey. With generative and agentic AI, KPMG Workbench's ability to scale and specialize helps makes it transformative. By coordinating multiple task-specific agents to collaborate and share context, KPMG Workbench enables team members to automate complex, multi-step processes from client onboarding to regulatory reporting. These agents are modular, reusable, and continuously evolving, making it easier to adapt to changing business needs. "KPMG Workbench represents a transformative step in AI-driven collaboration, integrating multi-agent intelligence into a centralized platform leveraging Azure AI Foundry. This investment is more than just technological innovation - it's a pivotal move toward the future of the open agentic web. At Microsoft, we are empowering businesses to enrich the employee experience and reinvent customer engagement through AI transformation, and KPMG Workbench is a prime example of that vision coming to life." - Judson Althoff, EVP, Chief Commercial Officer, Microsoft Clients onboarded to KPMG Workbench Private instances of KPMG Workbench will be available to clients from across industries to help develop and manage their digital workforce of the future. Globally, KPMG firms' clients are already benefiting from KPMG Workbench, including: A global bank that requires data sovereignty and processing of agents to help the organization verify the identity and legitimacy of its customers and mitigate risk, including fraud. A telecommunications and technology organization with a need to enhance their compliance management with AI agents in a highly regulated industry where trust built into the platform is imperative. A global household retailer looking to drive back-office productivity by growing a digital workforce using multiple AI models. "Launching KPMG Workbench is a pivotal milestone in our AI commitment to transforming client delivery and enhancing ways of working across the global organization. This strategic investment, made in collaboration with Microsoft, reinforces our dedication to creating a leading technology ecosystem in an era of rapid evolution and shifting client needs." - Carl Carande, Global Head of Advisory, KPMG International and Vice Chair, Advisory, KPMG in the US. To learn more about KPMG and our Trusted AI capabilities, visit or * ISO 42001 (AI) is a new international standard that specifies requirements for establishing, implementing, maintaining, and continually improving an Artificial Intelligence Management System (AIMS) within organizations. The first internationally recognized standards for AI, ISO 42001 is administered by the International Organization for Standardization and is the world's first AI management system standard, providing valuable guidance for this rapidly changing field of technology. KPMG was certified by BSI on the ISO42001 standard. Notes to Editors: For media queries, please contact: Elizabeth LynchCorporate CommunicationsKPMG LLPelizabethlynch@ About KPMG International: KPMG is a global organization of independent professional services firms providing Audit, Tax and Advisory services. KPMG is the brand under which the member firms of KPMG International Limited ("KPMG International") operate and provide professional services. "KPMG" is used to refer to individual member firms within the KPMG organization or to one or more member firms collectively. KPMG firms operate in 142 countries and territories with more than 275,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. Each KPMG member firm is responsible for its own obligations and liabilities. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients. For more detail about our structure, please visit Throughout this press release, "we", "KPMG", "us" and "our" refers to the KPMG global organization, to KPMG International Limited ("KPMG International"), and/or to one or more of the member firms of KPMG International, each of which is a separate legal entity. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
4 days ago
- Business
- Time of India
KPMG launches multi-agent AI platform, Workbench
KPMG International rolled out its multi-agent artificial intelligence (AI) platform, KPMG Workbench , under its multibillion-dollar investment in AI and agentic transformation, according to a company statement. The platform will underpin KPMG firms' client delivery platforms, KPMG Digital Gateway (Tax), KPMG Velocity (Advisory) and smart audit platform, KPMG Clara. KPMG Workbench is a network of 50 active AI agents and chatbots, with nearly 1,000 more in development, the company said. These agents are designed to work with various large language models (LLMs), serve as digital teammates to KPMG professionals to expedite results to clients. The platform has been based on Microsoft Azure AI Foundry Services. It supports seamless communication between agents and integrates tools from KPMG's alliance partners, including Oracle , Salesforce, ServiceNow, and Workday, offering clients the option to choose from the AI model or agent best suited to their needs. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 23.7% Returns in last 5 years with Shriram Life's ULIP Shriram Life Insurance Undo Workbench underpins KPMG's next-gen AI-enabled service delivery, including Services as Software (SaS) offerings, combining AI tools with KPMG's industry expertise. The platform includes built-in data sovereignty , giving clients full control over their data and ensuring compliance with local and global regulations. Live Events Private instances of KPMG Workbench will be available to clients across various industries, supporting the development and management of their future digital workforce, the company stated. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories
Techday NZ
4 days ago
- Business
- Techday NZ
KPMG unveils AI platform Workbench in multi-billion dollar move
KPMG International has launched KPMG Workbench, an open, interoperable artificial intelligence (AI) platform designed to change the way it delivers services to clients and to support staff across its global operations. KPMG Workbench has been developed with Microsoft technology and support. The platform brings together a network of 50 AI assistants and chatbots that communicate with each other across multiple sectors. Nearly a thousand additional AI assistants are in development to meet a broader array of client requirements. The AI agents have been designed to operate as digital colleagues alongside KPMG professionals. They are built to work with various large language models (LLMs) and support the organisation in delivering solutions to clients more quickly, while aiming to maintain quality, trust, and compliance standards. Platform features The KPMG Workbench is built on Microsoft Azure AI Foundry services and is intended to allow agent-to-agent communications. It also integrates with technology from other alliance partners, including Salesforce, ServiceNow, and Workday. This interoperability is designed so that clients can select the model or AI agent most appropriate for their needs. KPMG states that the platform will underpin its key client delivery solutions, including the Digital Gateway (Tax), Velocity (Advisory), and Clara, which is KPMG's audit platform. By acting as a central AI hub, KPMG Workbench is expected to simplify working with and managing multiple tools throughout the client engagement process. KPMG Workbench incorporates data sovereignty features, letting clients manage how their data is stored, processed, and governed to meet both local and international regulatory demands. KPMG has also highlighted its ISO 42001 certification for AI Management Systems, noting that KPMG is the first organisation in the world to achieve this accreditation. Every agent and tool within KPMG Workbench is marked with a KPMG "Trusted AI stamp," indicating that it has been assessed against the company's 10 pillar Trusted AI Framework. "Clients tell us that their ability to orchestrate and control their agents in a secure way is becoming their number one concern. They also want a multi-model platform rather than being locked into one provider. Recognising this, and KPMG's own needs as a complex global business, the strategy was to build a foundational AI platform that has sovereign data capabilities and enables our people to integrate AI models into one environment that is embedded in our Trusted AI Framework. With KPMG Workbench, we're combining advanced AI agents with the insight, judgment and deep expertise of our people to deliver smarter solutions for clients, faster and with full confidence in their security and compliance." – David Rowlands, Global Head of AI, KPMG International AI in practice KPMG Workbench aims to facilitate the automation of multi-step processes such as client onboarding and regulatory reporting. The system allows teams to coordinate and share context between multiple specialised agents, which the company says should make it easier to adapt to new business requirements. According to KPMG, clients across different industries have already begun to benefit from the platform. Examples cited include a telecommunications and technology business using the platform's agents and tools to assess and enhance compliance policies, a global bank needing data sovereignty and agent processing to verify customer identities and counteract fraud, and an international retailer seeking to improve back-office productivity through the deployment of a digital workforce. Collaboration with Microsoft The company confirmed that Microsoft's Azure AI Foundry is the foundation for KPMG Workbench, enabling its interoperability and scalability. The evolution of Workbench from a platform for developers to a central hub for AI delivery reflects KPMG's investment in agent-oriented technology. "KPMG Workbench represents a transformative step in AI-driven collaboration, integrating multi-agent intelligence into a centralised platform leveraging Azure AI Foundry. This investment is more than just technological innovation – it's a pivotal move toward the future of the open agentic web. At Microsoft, we are empowering businesses to enrich the employee experience and reinvent customer engagement through AI transformation, and KPMG Workbench is a prime example of that vision coming to life." – Judson Althoff, EVP, Chief Commercial Officer, Microsoft Future availability KPMG confirmed that private versions of KPMG Workbench will be accessible to clients from various industries wishing to develop and manage a digital workforce in line with changing operational needs. "Launching KPMG Workbench is a pivotal milestone in our AI commitment to transforming client delivery and enhancing ways of working across the global organisation. This strategic investment, made in collaboration with Microsoft, reinforces our dedication to creating a leading technology ecosystem in an era of rapid evolution and shifting client needs." – Carl Carande, Global Head of Advisory, KPMG International and Vice Chair, Advisory, KPMG in the US KPMG described Workbench as the foundation of its multi-billion investment in AI and agentic transformation, intended to be a pillar of its future client service solutions. The AI platform is being positioned as central to the organisation's approach to technology adoption and digital service delivery.
