AuditWise · a Sortx Software Ltd product
Continuous assurance across the full control population.
AI-assisted internal audit and control monitoring: deterministic reconciliation checks plus structured judgments on explanations, evidence and whether expected outcomes actually occurred.
The problem
Traditional review tests a small sample. That finds obvious breaks but says little about the rest of the population, and it struggles to show whether a control is quietly getting worse.
AuditWise is being built for population-level testing: identifying deteriorating controls over time and focusing auditors on the cases with the weakest evidence or the highest risk.
How it works
Deterministic code handles what software should always decide. Structured AI judgments handle the questions that need language and context. Together they close a continuous loop.
- Detect a break.
- Assess the explanation and evidence.
- Extract the expected future condition.
- Observe the later reconciliation.
- Verify the outcome.
- Recalibrate risk and control confidence.
Who it is for
Internal audit teams
Test the whole control population instead of a small sample, and see where confidence is weakest.
Auditors and reviewers
Judge explanations, evidence and independent review quality consistently, with the reasoning recorded.
Fund operations and reconciliation teams
Reconcile internal books against external custodians across identifiers, accounts, currencies and dates.
Control owners
Track expected outcomes and spot controls that are deteriorating over time.
Integrations and fit
AuditWise is planned as a standalone assurance platform or an enterprise integration. Its first use case is mutual-fund position reconciliation between internal books and external custodians. Specific connectors are planned and not yet announced.
Shape the product
Real replies from audit and fund operations people shape what gets built. Join the design group and tell us what you would want AuditWise to do.
Frequently asked questions
- What is AuditWise?
- AuditWise is an AI-assisted internal-audit and control-monitoring product. It provides continuous assurance across the full control population by combining deterministic reconciliation checks with structured semantic judgments.
- Who is AuditWise for?
- AuditWise is built for the people who own controls and their evidence: internal audit teams, auditors performing independent review, fund operations and reconciliation teams, and control owners who need to know where confidence is weakest.
- What problem does AuditWise solve?
- Traditional review tests a small sample and can miss what is happening across the rest of the population. AuditWise is designed for population-level testing: it aims to identify deteriorating controls over time and focus auditors on the cases with the weakest evidence or highest risk.
- How does AuditWise work?
- It splits the work between deterministic code and structured AI judgments, then closes a continuous loop: detect a break, assess the explanation and evidence, extract the expected future condition, observe the later reconciliation, verify the outcome, and recalibrate risk and control confidence.
- What does the deterministic part handle?
- Deterministic code handles identifiers, accounts and currencies; quantities and valuation dates; tolerances and materiality thresholds; deadlines and timestamps; and verification of expected future outcomes.
- What do the structured AI judgments handle?
- Structured AI judgments answer questions such as whether messy or incomplete records represent the same position, whether a break explanation is plausible, whether the evidence supports the explanation, whether the independent review was substantive, whether closure is justified, and whether a claimed timing difference is genuine.
- What is outcome verification?
- An explanation such as “subscription settling at T+2” becomes a testable assertion. AuditWise records the expected resolution date and position, checks the later reconciliation, and confirms or invalidates the original explanation.
- What does AuditWise integrate with?
- AuditWise is planned as a standalone assurance platform or an enterprise integration. Its first use case is mutual-fund position reconciliation between internal books and external custodians. Specific system connectors are planned and not yet announced.