Sydney, Australia | 28 August 2024

Rich Data Co (RDC) is pleased to share the release of our AI Decisioning Platform version 4.1, now generally availability (GA) for customer adoption. This update brings powerful enhancements to streamline decision-making, improve data quality, and strengthen governance, helping businessers operate with greater efficiency.

Here’s a breakdown of the new enhancements:

Retire Models and Decision Strategies with Confidence

Managing the lifecycle of your models and decision strategies just got easier. The latest version introduces the ability to retire models and strategies while preserving critical historical data.

• Retire Models: Users can retire models without losing valuable performance data, allowing you to keep a record of past model performance even when they’re no longer active.
• Retire Decision Strategies: Similarly, you can retire decision strategies while maintaining Self-Describing Decision records for future reference.
• Improved Model Caching: This update also enhances model caching, speeding up processes and improving efficiency.

Integrated Feature Foundation for More Powerful Decision Strategies

We’ve linked our Feature Foundation with decision strategies, taking it beyond just model features. Now you can use predefined features to build more comprehensive and data-driven decisions.

• Link Feature Groups to Strategies: Users can link a group of features directly to decision strategies, ensuring a more organised and structured decision process.
• Feature Values in Decision Rules: This update allows you to use feature values not just in model execution, but also within your decision and insight rules.
• Seamless Feature Retrieval: Easily retrieve feature values while executing your decision strategy, providing more accurate and data-rich insights.

Genesis Studio Enhancements for Greater Usability

Genesis Studio has received several updates designed to make it more intuitive and easier to use for all levels of expertise.

• Feature Value Retrieval Helper: QuickStart guide and templates to quickly pull feature values from the Feature Foundation.
• QuickStart Templates: Get started faster with pre-built templates for model development, saving time and reducing complexity.
• Expanded Project Access: No longer limited to two projects, users can now access more resources within Genesis Studio, improving flexibility and collaboration.

Enhanced Dashboards and Data Pipeline Management

Keeping your data quality high is a priority, and RDC Platform V4.1 adds new validation capabilities and improvements to data handling.

• New Business Rule Validation: Enable users to define validation rules comparing key metrics such as the count of unique customers or total exposure with previous months to monitor consistency.
• Error Tolerance Thresholds: Set thresholds for business rule validation in data sensors, allowing for more controlled error management.
• Improved Reporting: Enhancements to reporting data processing and dashboards streamline your ability to track and act on key performance indicators.

Other Key Enhancements

• Strategy Documentation: Attach documentation directly to each strategy for better governance and transparency.
• Batch Decision Execution: Enhanced batch decision capabilities now allow routing to multiple strategies based on predefined conditions, providing more control over complex decision workflows.

We’re proud to offer these advancements to our customers, continuing our mission to deliver innovative and secure AI decisioning solutions.