About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Kingland Extends AI Capability in Fourth-Generation Enterprise Software Platform

Subscribe to our newsletter

Kingland Systems continues to innovate with the fourth generation of its enterprise software platform. The platform provides artificial intelligence (AI) focused on data management, extended enterprise data management capabilities, new analytics, and cloud optimised DevOps software to support high performance software strategies. It also accelerates specific solution delivery by avoiding extensive customisation, providing 60% to 80% of core capability on Day 1, and focussing remaining time and budget on unique client requirements.

The platform uses a microservices architecture of more than 40 components to create client specific and cloud optimised solutions, and consists of four elements covering cognitive computing, data analytics, enterprise data management, and an enterprise applications foundation that accelerates project implementation and provides cloud optimisation, scalability and automated testing and deployment. The fourth-generation platform updates all these elements.

Tony Brownlee, a partner at Kingland, explains: “The fourth-generation platform formalises our cognitive computing capability and reimagines how master data management needs to operate on a modern platform. The microservices architecture helps our clients build, maintain and upgrade solutions.” He adds: “The platform is not a product, but key capabilities and components that solve clients’ problems and deliver quick, agile systems that can be maintained over years to come.”

The AI element of the platform is cloud-based and uses application programming interfaces (APIs) and software-as-a-service (SaaS) delivery to integrate with legacy systems. Its focus is on data management, data collection, and business process automation, and it has been enhanced in response to client requests to unlock data in legacy documents.

Brownlee says: “Our AI engine is very fast. It can read a 300-page document and extract data in seconds. This helps users discover and maximise new data. Typically, the data covers customers, legal entities and individuals, noting their location, services they have received, how they are related to each other, and news about issues such as mergers and acquisitions or bankruptcy.”

The company is also experiencing growing demand for cloud-based machine learning, particularly for risk, credit risk, transaction processing, clearing and settlement, and compliance. Brownlee comments: “Clients want more machine learning and the ability to load diverse types of data. The goal is to deliver data faster than can be done internally at a lower cost.”

While Kingland continues to invest in its technology and deployments across a number of industries, Brownlee concludes: “The fourth generation is something to celebrate for us. It can solve some significant problems in the world.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unpacking Stablecoin Challenges for Financial Institutions

The stablecoin market is experiencing unprecedented growth, driven by emerging regulatory clarity, technological maturity, and rising global demand for a faster, more secure financial infrastructure. But with opportunity comes complexity, and a host of challenges that financial institutions need to address before they can unlock the promise of a more streamlined financial transaction ecosystem. These...

BLOG

Uncovering Data Anomalies: 16 Data Observability Solutions for Capital Markets

Financial institutions’ operational resilience depends largely on the integrity of their data and the applications it feeds. The huge volume of data that modern organisations ingest makes this a challenge. The accuracy, completeness and timeliness of critical data can be improved if it is monitored and checked as it moves through increasingly intricate data pipelines...

EVENT

TradingTech Summit New York

Our TradingTech Briefing in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

Best Practice Client Onboarding

Client onboarding is central to the success of banks, yet it continues to present challenges and the benefits of getting it right are difficult to achieve. The challenges arise from siloed systems, manual processes and poor entity data quality. The potential benefits of successful implementation include excellent client experience, improved client acquisition and loyalty, new business opportunities, reductions in costs, competitive advantage, and confidence in compliance.