KPMG has launched a Trusted Artificial Intelligence Centre of Excellence in Singapore, aimed at helping organizations strengthen governance and trust in artificial intelligence systems as adoption accelerates across industries.

In a statement on Monday, KPMG said the center, supported by the Singapore Economic Development Board, will serve as a capability hub focused on helping businesses move beyond AI experimentation and deploy AI systems at enterprise scale.

At the launch event, KPMG also introduced its Trusted AI Assurance framework, an assessment approach designed to evaluate how organizations govern, deploy and manage AI systems. The framework examines AI governance, regulatory compliance, system reliability and security, with assessments tailored to different industries and operating environments.

The initiative was launched by Jasmin Lau, Singapore’s Minister of State for the Ministry of Digital Development and Information and Ministry of Education, alongside EDB Managing Director Jermaine Loy and KPMG Singapore Managing Partner Lee Sze Yeng.

KPMG said its 2025 Global CEO Outlook found that more than 70 percent of CEOs rank AI as a top investment priority, though many organizations continue to face challenges related to governance, workforce readiness and data capabilities.

Lee said businesses are increasingly focused on whether their AI systems can meet the expectations of customers, regulators and international markets, particularly as regulatory requirements differ across jurisdictions.

The Trusted AI Assurance framework complies with standards including the EU AI Act, the NIST AI Risk Management Framework, ISO 42001 and Singapore’s Model AI Governance Framework, according to KPMG.

The framework can assess whether organizations have effective governance structures and whether their AI systems are documented, risk-assessed and integrated into operations appropriately, KPMG added. It also evaluates preparedness for regulations in overseas markets, including the European Union.

The center will initially focus on sectors including financial services, healthcare, logistics, manufacturing, infrastructure, government and real estate, KPMG highlighted. It will feature Singapore-based AI engineers, solution architects, data analysts, product managers and designers, supported by KPMG’s wider Singapore and global workforce.

KPMG will continue to invest in AI-related workforce development in Singapore through training, internal mobility programs and capability-building initiatives.

KPMG: Singapore’s fintech investment rebounds to $1.04B in first half