2022.04.28 Press release

--To the press -

FRONTEO contributes to the construction of compliance system for Japanese companies by utilizing the mail audit system "Communication Meter"

Realized trouble prevention by early detection of potentially problematic emails

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

FRONTEO Inc. (Headquarters: Minato-ku, Tokyo, President: Masahiro Morimoto, hereafter FRONTEO) is a major Japanese company with an audit solution "KIBIT Communication Meter (hereafter, Communication Meter)" that supports online text communication such as email. We would like to inform you that it has been utilized by companies and contributed to the construction of an effective compliance system such as fraud prevention.

 

 

This time, FRONTEO supported a major Japanese manufacturing company, which used the Communication Meter to conduct an email audit in normal times targeting about 250 in-house sales representatives.The purpose is to prevent scandals and troubles related to the trust of companies such as cartels and strengthen compliance by early detection of potentially problematic email data, rather than specific fraud investigations in an emergency. FRONTEO's operational support and AI analysis capabilities are useful not only for emergency response such as proceedings and investigations, but also for finding signs of fraud in normal times, and Communication Meter is not just a cost reduction, but an audit rationality. It was introduced because it is a tool for collateral and the work man-hours required of the introducing company are very small.

 

In this case, the top 6 emails (about 400 each in Japanese and English) that AI scored as "high priority" are extracted from the huge amount of email data that reaches about 200 each month. Then, a lawyer of a major law firm in charge of the review confirmed it.As a result of the introduction, while prioritizing and reviewing the emails scored by AI at the top, the man-hours are greatly reduced, but mistakes and oversights caused by human judgment, omissions due to confirmation of sample extraction only The efficiency of email audits has improved dramatically, including the elimination.In addition, by notifying in advance that email audits are being conducted, compliance awareness has spread throughout the company, and it has also functioned as a deterrent against fraudulent activities.

 

In recent years, various types of internal fraud and confidentiality leaks have frequently occurred in companies.In some cases, the industry as a whole has suffered cost losses and cases involving litigation, and the importance of monitoring to prevent such cases and protecting data, which is an important asset of the company, is increasing. With the diversification of communication tools within a company and the rapid expansion of remote work, it is becoming difficult to accurately and efficiently supplement huge amounts of data.

 

Communication Meter, on the other hand, extracts important documents accurately and efficiently by deciphering ambiguous contexts that cannot be done by keyword search based on a small amount of teacher data, so that all audited persons' fraudulent activities and abnormalities can be detected. It is possible to catch the signs in advance.E-mails and messages containing high-risk content such as fraud are immediately notified to the person in charge, so that it is possible to detect acts that lead to fraud in advance and prevent them.

 

FRONTEO will continue to develop with the aim of providing better services in order to contribute to the efficiency and sophistication of operations aimed at corporate compliance.

 

 

 

About Communication Meter

URL: https://kibit.fronteo.com/products/communication-meter/

Communication Meter is a mail & chat audit system equipped with the natural language processing AI engine "KIBIT" developed by FRONTEO. KIBIT uses a unique algorithm to capture similarities and contexts even in different expressions and extract the features of sentences, so it eliminates excessive extraction due to a large number of keyword settings and extraction omissions due to notational fluctuations, with high accuracy. It is possible to extract messages.In addition, KIBIT can comprehensively analyze not only the date and time of transmission / reception, the name of the sender / receiver, and the subject, but also the text and attachments (text-extractable), and it is possible to narrow down the messages that need to be investigated from a large number of messages. Therefore, the work of auditors will be significantly reduced, an efficient audit system will be built, and it will contribute to early detection of fraud and prevention of recurrence.

 

About KIBIT URL: https://www.fronteo.com/products/kibit/

KIBIT (reading: KIBIT) is an artificial intelligence that analyzes text without relying on keywords, using a unique machine learning algorithm that reproduces the "tacit knowledge" possessed by experts and business experts.With high natural language processing technology, it is possible to perform highly accurate analysis in a short time with a small amount of teacher data, contributing to the efficiency and sophistication of operations in fields such as fraud investigation, intellectual property strategy, skill transfer, and risk prediction. doing.

 

FRONTEO  URL: https://www.fronteo.com/

FRONTEO means from a huge amount of text data using the in-house developed AI engine "KIBIT" specializing in natural language processing, "Concept Encoder (trademark: conceptencoder, reading: concept encoder)", and "Looca Cross". It is a data analysis company that extracts important information and supports the business of the 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 corporate international litigation. Has been deployed.Based on the AI ​​technology cultivated in this business, we will expand 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", We contribute to solving various corporate issues such as drug discovery support, dementia diagnosis support, finance, personnel, and sales support. Listed on TSE Mothers (currently TSE Growth) 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 September 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>

Public Relations Officer, FRONTEO Inc.

Email: pr_contact@fronteo.com

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