The practice of identifying, assessing, and mitigating risks specific to AI systems. It runs on an AI-specific vocabulary and data model: risks live on models, datasets, interfaces, use cases, and actions, not on generic asset records.
AI Sigil delivers AI risk management software that runs this practice on top of the same AI system inventory that powers its compliance side, so a risk identified on a model is visible from every system that uses that model.
The AI risk management software registers each risk on the model, dataset, interface, use case, or action where it originates. Inside the AI risk management software, the risk register is a working artefact, not a quarterly export.
Identifying a risk is the beginning, not the end. The AI risk management software lets you define one or more mitigations per risk, each with its own owner, status, and timeline.
Define mitigations. One or more per risk, each with owner, status, and due date. The relationship is one-to-many: a single risk can carry several parallel treatments tracked independently.
Implement and link evidence. Documents, test results, and exported files attach to the mitigation they support, so the link from risk to treatment to proof is preserved end to end.
Reassess residual risk. Re-score after mitigations are in place. The posture reflects today, not the day the risk was opened.
Your risk register and your compliance controls are not separate programs. They share the same entity graph:
In the AI risk management software, identifying a risk on a model and assessing the control that governs it happen in the same environment, on the same data. The NIST AI RMF “Manage” function and the EU AI Act risk-management-system obligation (Articles 9 and 17 for high-risk systems) share the underlying records. No exports, no cross-referencing, no reconciliation between tools.
Most enterprise risk tools assume the risk lives on an asset, an application, or a process. AI risks live on the components that produce AI behavior: the model, the data that trained it, the prompt that drove it, the interface that shaped its use. They also have a vocabulary of their own. AI risk management software that uses a generic asset model misses this distinction.
Where each category shines, where it falls short, and how AI Sigil compares on AI-specific risk coverage.
Spreadsheet
Cheap, flexible
No audit trail, no entity graph, no residual-risk reassessment workflow
Enterprise risk management suites
Mature workflows, board reporting, integration with enterprise IT
Generic asset model, no AI-specific vocabulary or risk-class scoping
AI Sigil
AI Sigil's AI risk management software anchors AI-specific risks on components, scores residual risk, and unifies with the compliance control layer
Library still expanding
The AI risk management software you choose has to model risks at the component level, not just at the AI system level. A risk that originates in a training dataset behaves differently from a risk that lives in a prompt design or a deployment interface, and your software has to capture that distinction natively.
It has to score residual risk after mitigations, not just initial risk. AI risk management software that only stores a single severity field cannot represent the full posture lifecycle: identified, treated, reassessed.
And it has to share the same entity graph as your compliance controls. Risk records that sit in a different tool from your control library will drift apart, and you will spend more time reconciling exports than running the program.