Okapi AI and AYLIEN announce a collaboration, generating greater accuracy of risk-prediction for CRE clients.
Okapi is excited to announce a new collaboration with news intelligence platform AYLIEN. News mentions are an important element in Okapi’s risk-prediction algorithm, and we are committed to sourcing the best possible global aggregation of data relevant to our customers.
AYLIEN processes millions of news items every day from over 80,000 sources around the world, in multiple languages. Their AI system translates each article into English, and NLP technology is then applied to add structure to unstructured news articles in real time, enabling customers to easily pinpoint the news that matters. Okapi then applies their own layer of technology, adding tags and categories based on a custom domain specific taxonomy so that the end result is clear and can be implemented with ease.
An important element that unites Okapi and AYLIEN is the implementation of innovative augmented AI technology. It is a reflection of both companies’ commitment to providing our clients with the best possible service.
We use many sources of information when compiling a risk-assessment report, but news-mentions provide particularly useful data that can be more authentic and trustworthy when compared to social media, which is usually curated by the company itself rather than reported by a third party. Given it’s global reach and real-time properties news is also a much more dynamic source of information than some of our other data sources: according to Okapi co-founder Maya Gal “many of our data sources are more static, whereas news-mentions are up-to-date and even give us a peek into the future.”
“Early identification and assessment of risks has never been more critical.” said Roy Robinson, VP of Product Delivery at AYLIEN. “By applying the latest in NLP techniques, AYLIEN provides up to the minute key risk indicators from the world’s news. By cutting out the noise AYLIEN supercharges risk products to allow risk teams to focus on what matters most, taking action. We are very excited to partner with a truly innovative AI company like OKAPI and combine our expertise to deliver market leading risk identification for the Commercial Real Estate Industry.”
AYLIEN is known for their NLP expertise and their capabilities as a nimble organization which means they are a lot more flexible than legacy providers in the news intelligence space. This is important for us at Okapi as some of our requirements are quite specific. The team at AYLIEN have been able to accommodate our needs, which obviously translates into a better product for our customers. For example, we sometimes request that a specific source is added to the database, or that certain company mentions are filtered out as they are irrelevant.
Okapi have chosen to work with AYLIEN because besides providing consistently excellent results, we feel that their business ethos aligns with ours, namely choosing to create the best possible customer experience and outcomes, using state-of-the-art technology.