Silver Regulatory Associates launches AI governance program for investment advisers with Clarier

Silver Regulatory Associates has partnered with Clarier to give investment advisers, hedge funds, private equity and venture capital firms a combined compliance and technology program for tracking AI use and documenting oversight. The offering is aimed at helping firms answer regulator exam requests and allocator due diligence with audit-ready records.

Why it matters: - Investment advisers are under growing pressure to show they can oversee employee and vendor AI use. - Regulators and allocators are asking for audit-ready evidence, not informal assurances. - The new program is designed to help firms produce defensible documentation that can stand up to exams and due diligence.

What happened: - Silver Regulatory Associates launched an AI Governance Program in partnership with Clarier. - The program is now available to Silver clients looking to strengthen AI oversight. - The offering targets investment advisers, hedge funds, PE/VC sponsors and portfolio companies. - The launch combines Silver’s compliance advisory work with Clarier’s AI governance platform.

The details: - Clarier’s platform is used to discover AI applications in use across an organization. - The platform tracks AI-related spend and maintains an evidence log. - Clarier also generates audit-ready documentation for regulator exam requests and allocator due diligence. - Silver provides the regulatory framework, policy documentation and advisory support needed to interpret and act on the data. - The program is intended to help firms inventory AI applications, run vendor trust reports and maintain continuous records of oversight activity. - Mike Regan, Silver’s Director of Cybersecurity Compliance, said clients know employees are using AI tools but often lack an efficient way to track usage. - Regan said Clarier gives Silver a system of record and real-time visibility into what is running behind the scenes. - Adam Pfefer, Founder and CEO of Clarier, said pairing Clarier’s platform with Silver’s advisory expertise gives clients both the system and the judgment to use it well.

Between the lines: - The partnership reflects a broader shift in investment management from ad hoc AI adoption to formal governance. - Firms that cannot document AI oversight may face more friction in exams, fundraising conversations and allocator reviews. - The value proposition is not just software or consulting alone, but a combined workflow that links policy, monitoring and evidence.

What's next: - Silver clients can begin using the AI Governance Program now. - The firms are positioning the program as a way to support ongoing AI oversight initiatives rather than a one-time review. - The partnership may become more relevant as regulators continue to focus on AI controls in the investment industry.

The bottom line: - Silver and Clarier are betting that AI governance will become a standard compliance requirement for investment managers, and they are packaging technology plus advisory support to meet that demand.