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: How to organise, integrate and structure data for successful AI

Artificial intelligence (AI) is increasingly being rolled out across financial institutions, being put to work in applications that are transforming everything from back-office data management to front-office trading platforms. The potential for AI to bring further cost-savings and operational gains are limited only by the imaginations of individual organisations. What they all require to achieve...

BLOG

Data Infrastructure Faces Stress Test as Private Credit Consolidation Beckons

By Charles Sayac, Managing Director EMEA West, NeoXam. A bout of consolidation unseen in the sector’s history may be on the cards for the private credit space – one that threatens to unearth a host of complex data challenges for the unprepared. A recent Carne Group report revealed almost all (96 per cent) of private debt managers...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Entity Data Management Handbook – Seventh Edition

Sourcing entity data and ensuring efficient and effective entity data management is a challenge for many financial institutions as volumes of data rise, more regulations require entity data in reporting, and the fight again financial crime is escalated by bad actors using increasingly sophisticated techniques to attack processes and systems. That said, based on best...