Email/chat auditing AI system “KIBIT Eye” receives patent grant

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2023.11.27 Press release

--To the press -

Email/chat auditing AI system “KIBIT Eye” receives patent grant

Evaluate the novelty and uniqueness of AI-based auditing methods

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

 FRONTEO Co., Ltd. (Headquarters: Minato-ku, Tokyo, President and CEO: Masahiro Morimoto, hereinafter FRONTEO) has launched the AI ​​solution “KIBIT Eye” (see:https://www.fronteo.com/20230316) We would like to inform you that we have received a notice of patent grant from the Japan Patent Office regarding the technology used in the email chat audit system.

[Patent outline]
Application number: Japanese Patent Application No. 2023-040722
Patent filing date: January 2023, 3

 FRONTEO is the first in the industry to utilize AI in audits, and has been accumulating a track record of audit support for approximately 10 years using our in-house developed AI engine application. In March 2023, in light of changes in IT usage trends, we began selling KIBIT Eye, which is equipped with a new algorithm as a revolutionary AI solution that supports a variety of communication tools in addition to email.

 This patent was granted based on FRONTEO's many years of experience and know-how, and includes the basics necessary for audits, such as KIBIT Eye's display functions such as scoring and highlighting of analysis results, and retuning of teacher data in standard functions. It covers a wide range of functions.We believe this is proof of the novelty and uniqueness of our technology, its social implementation methods, and AI solutions.

 Against the background of the recent trend of strengthening compliance systems, KIBIT Eye is being introduced mainly by major financial institutions and manufacturing industries as a highly practical product that enables comprehensive auditing and detects fraud. Further expansion of usage is expected in the future.

 FRONTEO will continue to strive to develop and improve the functionality of products using in-house developed AI, which has strengths in natural language processing, and will contribute to solving social issues through the social implementation of easy-to-use and practical AI.

 

FRONTEOabout URL: https://www.fronteo.com/
FRONTEO is a data analysis company that provides a variety of AI solutions and services using the in-house developed AI engine "KIBIT". Our philosophy is to "realize fairness in the information society by providing solutions that do not overlook risks and opportunities hidden in records," and extract meaningful and important information from vast amounts of text data and complex networks. Our strengths are natural language processing and network analysis technology that supports advanced judgment by experts.We are developing businesses in the areas of legal tech AI, business intelligence, life science AI, and economic security, and contributing to solving various corporate and social issues. Founded in August 2003, listed on TSE Mothers (currently TSE Growth) on June 8, 2007.The company operates in Japan, the United States, South Korea, and Taiwan.Obtained a first-class medical device manufacturing and sales business license and registered a controlled medical device sales business.Capital: 6 yen (as of March 26, 3,042,317).

* FRONTEO and KIBIT are registered trademarks of FRONTEO in Japan.

 

<Contact for inquiries from the press>
PR Department, FRONTEO, Inc.
pr_contact@fronteo.com

<Inquiries regarding the business intelligence business>
FRONTEO, Inc. Business Intelligence Business Headquarters
https://kibit.fronteo.com/contact/