June 9, 2021 | Written by: ibmblogs
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AI-powered platform built on IBM Cloud and enabled by IBM Global Technology Services gives clients flexibility to deploy across hybrid cloud environments
June 8, 2021
SSW Pragmatic Solutions law firm announced the premiere of AQUILA: an artificial intelligence-based platform for comprehensive, fully automated analysis of the content of documents that is enabled and supported by IBM Global Technology Services.
AQUILA uses advanced algorithms built with IBM Watson Studio for natural language analysis and cloud services. For example, AQUILA can check whether the clauses found comply with current corporate regulations and standards. The AQUILA platform can already analyse the content in Polish, English and German.
The cooperation between SSW Pragmatic Solutions and IBM Global Technology Services was established in response to the firm’s need to quickly analyse large sets of documents, together with a preliminary assessment of the risk resulting from the content of provisions. One of the first projects in which the AQUILA platform was used was carrying out a detailed “due diligence” process regarding the contents of thousands of lease agreements. Without the use of artificial intelligence, this task would have been carried out on a small sample of documents only. AQUILA allowed for a quick and thorough analysis of all contracts and their provisions.
“The use of artificial intelligence in everyday business activities is the goal of many enterprises – the first one to start using it will be the first to achieve real business benefits. Solutions such as AQUILA make it possible to accelerate service, reduce costs and increase the accuracy and efficiency of people’s work”, says Piotr Spaczyński, managing partner of SSW Pragmatic Solutions. “The core of the AQUILA platform is artificial intelligence powered by knowledge and trained by experts working at our office in a given field” – he adds.
AQUILA examines documents using machine learning models and natural language analysis algorithms. Trained lawyers create knowledge bases, the so-called playbooks, containing examples of clauses, provisions and contents to be analysed by the platform. A properly trained system is able to effectively locate and recognise contents with the same meaning, however recorded differently.
“By designing the AQUILA system, we wanted to build an advanced solution for processing and analysing the natural language. The project pursued by IBM Global Technology Services and SSW Pragmatic Solutions, which took several months and has yielded the provision of the AQUILA platform to the first users, represents a breakthrough moment in the practical use of artificial intelligence and IBM Cloud for automation of business processes”. says Paweł Raczyński, director of IBM Global Technology Services. “With the flexibility to deploy the system across hybrid cloud environments, any public cloud or at the data centre of the customer, AQUILA is addressing unique needs and regulations.”
At this moment, the AQUILA platform is capable of analysing industry documents, including from the real estate and finance sector. AQUILA may check a single document in several dozen seconds. The platform can also carry out bulk analyses and present answers to inquiries about hundreds or even thousands of documents. Being a scalable system based on artificial intelligence, it can be easily adapted to specific business needs of each client by working in the background with existing systems or as a separate application.