Developed a third AI following FRONTEO, KIBIT, and Concept Encoder-Installed in a network analysis system for economic security and started providing the world's first supply chain analysis service.

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2021.10.05 Press release

--To the press -

Developed a third AI following FRONTEO, KIBIT, and Concept Encoder-Installed in a network analysis system for economic security and started providing the world's first supply chain analysis service.

Three-dimensional visualization of connections with companies on the global sanctions list, such as human rights and military risks

FRONTEO Inc.
Masahiro Morimoto, President and CEO
2-12-23 Konan, Minato-ku, Tokyo
(Code number: 2158 TSE Mothers)

FRONTEO Inc. (Headquarters: Minato-ku, Tokyo, President: Masahiro Morimoto, hereinafter FRONTEO) has recently obtained a huge amount of information from open sources such as securities reports and press releases distributed by companies. Developed a new AI engine "LooCA Cross (trademark pending)" that extracts the connection between a company listed on various sanctions list and a specific company or organization (entity), and developed the AI. We will start providing supply chain analysis services using the world's first supply chain analysis system "Seizu Analysis (trademark pending)".

 

With the existence of human rights risks in the supply chain and growing interest and concern about the export of technologies and products that can be used for military purposes, it is urgent for companies to evaluate the soundness of their own and business partners' supply chains and acquisitions in M ​​& A. I am. Since we started providing supply chain network analysis solutions in June 2021, many companies have asked us if their supply chain contains risky companies or if there is a risk of violating various export control regulations. I have received a consultation.By providing a supply chain network analysis service that uses the newly developed AI and a network analysis system equipped with it, a sanction list (eg, the Bureau of Industry and Security of the US Department of Commerce) will be set in the company's supply chain. It is possible to check whether the entity list etc. is included and respond to the company's request to prepare for possible risks.

 


New AI engine "Loo CA Cross"

 

By connecting the information of shareholders and business partners of companies around the world, a huge and complicated supply chain network and holding network emerge.It is almost impossible for humans to analyze how goods and services flow and how control is transmitted in these networks.FRONTEO has developed a new AI engine "LooCA Cross" to capture the flow of goods in a network and the propagation of force in a network that cannot be analyzed by human power. With LooCA Cross, you can find potential risky routes, chokepoint companies, and remote control of companies from a great distance from a huge number of apparent trading channels. Will be able to be found. LooCA Cross is an AI that helps you formulate strategies for economic security by finding meaningful connections in a vast network.

 

Supply chain network analysis system "Seizu Analysis"

 

"Seizu Analysis" can analyze a huge supply chain based on the information obtained from open source and extract the connection between specific entities (such as companies that are judged to be unfavorable for transactions) from it. Is possible.Normally, when a company tries to check the health of its supply chain on its own, it is said that it can only track secondary and tertiary suppliers, but Seizu Analysis can track up to a dozen or more suppliers ahead. ..

 

 FRONTEO will continue to develop solutions in order to provide information useful for understanding the current situation, visualizing risks, and formulating measures for Japanese companies facing the newly emerging issue of economic security. , We will support Japanese companies in risk management and strategic response to compliance risks.

The big picture of the supply chain.The circle on the far left is the company surveyed.The circles on the right represent the primary, secondary, and tertiary suppliers, respectively.

 

Connection with sanctions companies

 

Click here for FRONTEO's economic security solutions https://osint.fronteo.com/

 

-About FRONTEO https://www.fronteo.com/

FRONTEO uses the in-house developed AI engine "KIBIT" and "concept encoder" specializing in natural language processing to extract meaningful and important information from a huge amount of text data to support corporate business. A data analysis company. Since its establishment in August 2003, it has been expanding globally to Japan, the United States, South Korea, and Taiwan, focusing on legal tech businesses such as "e-discovery (electronic discovery)" and "digital forensic investigation" that support international litigation of companies. Has been deployed.Based on the AI ​​technology cultivated in the legal tech business, we expanded the business field to the life science field, business intelligence field, and economic security from 8, and by using AI to "turn text data into knowledge" , Drug discovery support, dementia diagnosis support, financial / personnel / sales support, etc., contributing to solving various corporate issues. Listed on TSE Mothers on June 2014, 2007. Obtained a first-class medical device manufacturing and sales business license in January 6 (permit number: 26B2021X1), and notified the managed medical device sales business in April of the same year (notification number: 13 Minato Misei Equipment No. 1).The capital is 10350 thousand yen (as of March 9, 3).

 

* FRONTEO, KIBIT, and concept encoder are registered trademarks of FRONTEO in Japan.

<Contact information for the press>

FRONTEO Inc. Public Relations Takigawa

FAX: 03-5463-6345 Email: pr_contact@fronteo.com