FairNow vs Modulos

FairNow offers an end-to-end AI governance platform that centralizes AI system inventory, automates risk assessments, compliance workflows, and regulatory monitoring with real-time alerts. It targets enterprises building or using AI in regulated areas like financial services and HR, providing harmonized controls across 25+ global regulations and standards. The platform distinguishes itself through purpose-built automations for bias testing, evidence collection, model cards, and audit readiness, reducing manual efforts compared to general GRC tools. Acquired by AuditBoard in 2025, it integrates AI-specific governance into broader risk management.

Modulos AG develops the Modulos AI Governance Platform, a software solution that unifies compliance officers, data scientists, risk managers, and business users to manage AI governance, risk, and compliance. The platform provides AI lifecycle tracking, project dashboards, ownership workflows, audit trails, and a shared control graph connecting frameworks, requirements, controls, and evidence, powered by agentic AI like Scout for automation. It supports regulated enterprises by enabling continuous monitoring, monetary risk quantification, evidence collection from engineering stacks, and alignment with multiple regulatory frameworks including EU AI Act, ISO 42001, and NIST AI RMF, reducing compliance effort through shared controls. Targeted at sectors like financial services, insurance, and critical infrastructure, it addresses challenges in multi-framework compliance without silos or duplicate work. Distinct from others, Modulos is the first AI governance platform certified to ISO 42001 and emphasizes human-in-the-loop AI agents for operational efficiency.https://modulos.ai, LinkedIn, AI compliance blog