| The name of the base system (platform): | Artificial intelligence (AI, Artificial intelligence, AI) |
| Developers: | Ravn Systems |
2017: Using the Ravn ACE system to investigate corruption
In February 2017, it became known about the use of the Ravn ACE system by the British authorities to investigate corruption. The technology was tested on British aircraft engine manufacturer Rolls-Royce.
The UK's Large Scale Fraud Office (SFO) pioneered the use of an automated Ravn ACE system designed to select and index documents and extract knowledge from them. Using the program, seven specialists processed 600 thousand documents a day. In total, about 30 million materials were analyzed in automatic mode. Previously, such information had to be processed manually.
Ravn ACE is capable of processing documents faster than humans and eliminates errors caused by human factors. A system based on machine learning technologies understands and automatically extracts information from text, tables and images.
According to Ravn Systems CEO David Lumsden, the company's software helped lawyers and investigators sort documents into "important" and "unimportant." Such work, which requires a lot of labor for people, would have been done by them in many months, and Ravn ACE significantly accelerated the process, he noted.
Rolls-Royce has been under investigation for corruption and fraud since 2012. The company was accused of paying bribes to officials in 12 countries. Rolls-Royce pleaded guilty and agreed to pay a fine exceeding $800 million.
Rolls-Royce is the second largest aircraft engine manufacturer in the world by market share. She is not affiliated with luxury car manufacturer Rolls-Royce. The two companies were separated in 1971; by February 2017, Rolls-Royce cars were produced by the corporation's eponymous division. BMW
According to the Financial Times, the SFO intends to continue working with Ravn ACE to investigate new corruption cases.[1]
See also
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