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AI Governance

ISO 42001 Readiness Assessment

ISO 42001 is the international standard for governing AI responsibly. When a buyer, board, or regulator asks how you manage your AI, this is the framework that answers them. traztech provides ISO 42001 readiness assessments: we measure you against the standard and build the roadmap to audit-ready.

ISO work we have delivered. We scoped ISO 27001:2022 including the Climate Action Amendment alongside a SOC 2 Type II for a data centre operator: the case study.
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From where you are to audit-ready

The same readiness motion we run for SOC 2 and ISO 27001, applied to the AI management system standard.

01

Gap analysis against the standard

We assess your current state against the ISO 42001 requirements and Annex A controls, and hand you a clear, prioritized list of what is missing.

02

AI governance and policy

Acceptable-use, accountability, and oversight: the policies and roles that make responsible AI governance real rather than a slide.

03

AI risk and impact management

A working process to identify, assess, and treat the risks and impacts of your AI systems across their lifecycle, which is the heart of the standard.

04

Roadmap to certification

A sequenced plan to close the gaps and the management-system evidence an accredited auditor will expect, then we coordinate the external audit through the same auditor management and advocacy process we run for SOC 2 and ISO 27001.

Works well with

Get ISO 42001 ready

Tell us how you use AI and we will scope a readiness assessment that fits.

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Frequently asked questions

What is ISO 42001?

ISO/IEC 42001 is the first international standard for an AI management system (AIMS). It sets out how an organization should govern its use and development of AI responsibly: policy, roles, risk management, and lifecycle controls. It is to AI what ISO 27001 is to information security.

Do you certify us to ISO 42001?

No, and no consultant can. An accredited certification body issues the certificate. We are the readiness and prep partner: we run the gap assessment, build the management system and evidence, and get you audit-ready, then coordinate the external audit.

Who actually needs ISO 42001?

Companies building or deploying AI whose customers, board, or regulators are starting to ask how the AI is governed. It is becoming the credible answer to AI-governance questions in enterprise deals, the way SOC 2 became the answer for security.

How does it relate to the EU AI Act and NIST AI RMF?

They overlap. An ISO 42001 management system gives you the governance backbone that makes EU AI Act and NIST AI RMF work far easier. We map one set of controls across all three so you build the evidence once. We also offer free tools for EU AI Act classification and AI governance self-assessment.

Also doing ISO 27001? Who does ISO 27001 work in Toronto, and why a consultant cannot certify you.

The same work, without the line item

Every readiness programme needs a control library, an evidence register, policies and a score for the board. Being quoted five figures a year for that is normal. Paying it is not.

traztech Workspace Other GRC platforms
Licence cost $0. Free forever, no card, no paid tier $7,500 to $50,000 a year, on an annual contract
Control library, evidence register, policy templates, risk register, vendor questionnaires, readiness scoring Included Included
What it costs inside an engagement with us $0. You need a workspace either way Unchanged. The subscription sits on top of the fee
What it does to your audit quote $11,000 off a five-figure quote on one engagement, for a documented readiness position Nothing. The audit firm prices your readiness, not your tooling

Pricing in the right column is what compliance automation platforms are publicly reported to charge; none of them publish a number, so treat it as a range rather than a quote. The $11,000 came off the audit firm's own number once the readiness position was documented (the engagement). Where a paid platform is the better buy, and the fuller comparison, is on the Workspace page.

Track record

Who is actually doing the work

We are deliberately not a large firm, and we would rather show you the work than a wall of logos. Here is what is behind the advice.

5
Published CVEs, including a CVSS 9.1
76
Controls taken from nothing to a passed SOC 2 Type II
Zero
Exceptions on that Type II report
75 days
Readiness window we have hit every time we have run it

Published vulnerability research

Five published CVEs. CVE-2024-45163 (CVSS 9.1) is a flaw in the Mirai botnet itself, which gave defenders a way to shut down attacker infrastructure. CVE-2026-42626 takes HP ENVY 5000 printers offline from any unauthenticated device on the same network.

The printer is the one that matters on a compliance page: an asset nobody counts as a computer, on a flat network, downed by a device that never had to log in. Auditors ask how controls fail. We have found out first-hand.

A SOC 2 Type II built from nothing

At Humera, a venture-backed US security company, Jacob built the compliance programme in-house from nothing: no report, no policies, no documented controls. It ended in a Type II attestation across 76 controls with zero exceptions, on a team of 15.

The platform held 99.9% uptime throughout, which is the part most readiness projects get wrong: controls are easy to design and hard to retrofit onto a system people already depend on.

Recent engagements

For a Waterloo data centre operator we ran SOC 2 Type II and ISO 27001:2022 together rather than one after the other, across a production campus, an AI compute platform and a self-hosted collaboration stack. Scoped so further Ontario and Quebec sites enter as they reach production. Findings delivered and remediated.

For an Ontario medtech company putting an AI clinical assistant in front of practitioners, we ran the gap analysis and built the evidence programme behind their SOC 2.

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