Sydney, Australia | 28 May 2024

Rich Data Co (RDC) is thrilled to announce the general availability (GA) of our AI Decisioning platform version 4.0, marking a significant milestone in customer adoption readiness.

Model Life Cycle Management

The new version introduces a substantial enhancement in managing model lifecycles, offering:

• Standardised model meta data for seamless model implementation, execution, and monitoring across various model types and algorithms.
• A streamlined model implementation process that drastically reduces the time and effort required to transition models into production.
• Enhanced data pipelines for robust automated model monitoring.

Dashboard and Data Pipeline Enhancement

This upgrade significantly improves our service delivery for analytical and reporting data, resulting in:

• A foundational analytics and reporting data structure capable of processing Data Sensor data and Self-Describing Decisions for adaptable reporting needs.
• Service-based reporting data delivery for dashboards and presentation layers, incorporating autonomous AI agents in query and presentation processes.
• A modernised dashboard and data visualisation layer that loads faster and offers greater customisation flexibility for customer requirements.

Extended Integration with nCino

Our deepened partnership with nCino now supports Continuous Credit Monitoring, seamlessly integrating features such as Early Warnings, Automated Reviews, and Lead Limits directly within nCino’s banker desktop UI.

Additional Enhancements

• Simplification of Early Warning decision outcomes to facilitate downstream system processing.
• Full integration of the Long Short-Term Memory (LSTM) algorithm for time series projection, enhancing training, implementation, and execution while learning from a business cohort to boost accuracy.
• Major improvements that ease the ingestion and presentation of insights by consuming systems, delivering more actionable data for informed decision-making.
• For users not utilising Single Sign-On (SSO), the option to enable Multi-Factor Authentication with external authenticator apps is now available, enhancing security.

Security remains a critical focus for RDC and our customers. We continue to uphold our ISO27001 certification, demonstrating our commitment to an Information Security Management System (ISMS) that adheres to the highest international standards for information security.

We are excited to bring these advancements to our customers, furthering our mission to deliver cutting-edge, secure AI decisioning solutions.