Footnotes
- MIT Sloan School of Management: Tapping the power of unstructured data, August 1, 2022.
KPMG Ignite
Our team of data scientists and technology professionals can help you harvest new data and different types of data and interpret more signals and uncover more complex patterns.
Light a fire under your AI initiatives
KPMG Ignite is a powerful blend of platform, portfolio and people designed to accelerate your artificial intelligence (AI) efforts.
Platform
Ignite combines dozens of powerful features and industry leading AI tools into a single, flexible and easy-to-use AI development platform. You can build, train, configure and deploy your own custom AI-enabled solutions far faster than ever before.
Portfolio
Ignite includes a robust portfolio of prebuilt, industry-tested AI-enabled solutions designed to tackle some of the most common and complex business challenges. You can quickly and easily replace many error-prone manual processes and unlock valuable insights trapped in your data.
People
Ignite is backed by our team of highly skilled data scientists, technology professionals and business advisers with deep industry- and domain-specific experience. They can help you attack even the most complex data challenges and help maximize the value of your AI-enabled solutions.
Get more meaning out of more types of data
Eighty to 90 percent of organizational data is trapped in unstructured documents, images, audio and video1. Extracting insights from that unstructured data is one of the most significant challenges businesses face today — but not with KPMG Ignite. KPMG Ignite brings together natural language processing, machine learning (ML), deep learning, document ingestion and optical character recognition (OCR) capabilities into a single suite of tools designed to turn unstructured data, voice and images into meaningful, codified structures.
Unstructured and semi-structured data
Read documents, extract facts and perform analysis
Credit card agreements, appraisals, closing documents, loan estimates, K1s and more.
Images and video
Identify patterns in the data and learn new behaviors
Automated teller machine (ATM) images, more...
Voice
Perform human tasks using integrated human feedback
Mortgage call transcripts, customer service calls, more...
Structured data
Apply machine learning models on structured data
The KPMG Ignite platform
Accelerate your AI strategy by three to five years
The KPMG Ignite platform empowers you to rapidly solve common and complex business challenges, with user-friendly interfaces to build, train, configure and deploy advanced AI-enabled solutions.
Intelligent extraction
Ignite enables you to systemically consume documents and other sources for identification of information according to your framework of choice.
Human-in-the-loop expertise
Ignite includes a digitized process designed by subject matter experts (SMEs) for SMEs to decrease the amount of human intervention that’s required for workflow review, approval and remediation.
Robust reporting
You can dynamically extract key performance indicators (KPIs) for meaningful analysis and reporting fit to complement your environmental, social and governance (ESG) program.
Tailored to your needs
Our Ignite platform includes more than 30 building blocks of AI services and components that can be reused to accelerate AI enabled solutions development.
Easy to use
Our Ignite platform offers multiple interfaces optimized for different subject matter and domain experts, business users and data scientists, making it easier and more intuitive for each to use.
Plug and play
Ignite can easily integrate with your existing applications and third-party platforms including other OCR and AI solutions.
A long-term AI solution
Our continued investment in the platform, our extensive domain knowledge and experience across multiple industries, and our collaboration with clients will help ensure that Ignite continues to remain a leading AI platform.
The KPMG Ignite portfolio
The Ignite portfolio can help you deliver advanced AI-enabled solutions to some of your most pressing challenges right out of the gate, including:
LIBOR analytics
AI-enabled interpretation and amendment of London Inter-Bank Offered Rate (LIBOR) based agreements
Commercial lending
AI-enabled identification, extraction, and assessment of commercial loans processing documentation
Securities analyzer
AI-enabled review and assessment of complex securities prospectus language and documentation
Commercial leakage
AI-enabled automation and analysis of contract leakage
Regulatory mapping
AI-enabled regulatory mapping that automates and enhances parsing, and mapping of regulations
Procurement contract analytics
AI-enabled review, analysis, and refinement of supplier and/or customer contracts
The KPMG Ignite people
With KPMG Ignite, we partner technology with skill. We lead with experience in delivery.
- More than 100 engagements delivered
- Over 10 million hours of SME effort saved
- More than 700 million pages of documents processed
Proof. Positive.
More than two dozen financial institutions have capitalized on the power of AI through KPMG Ignite. Here are just a few examples:
LIBOR transition services
We’ve analyzed over 100,000 loan contracts for key London inter-bank offered rate (LIBOR) transition terms, with approximately 95 percent AI accuracy. Over 30 million pages were processed, eliminating between 250 and 300 full time equivalent (FTE) years of review work across multiple banks.
Regulatory policy automation
We used MDP to help build and deploy a marketing and sales intelligence solution for a leading US investment management company. Armed with trustworthy, timely data, the marketing team is able to finely target campaigns based on business goals, reducing sales call-to-action time from weeks to one day.
Loan origination automation
We’ve helped several large US banks automate their loan setup processes, eliminating data entry for the majority of loans originated by the banks.
Explore more
Meet our team
Accelerating business transformation requires speed of insights and deep expertise.
Our professionals immerse themselves in your organization, applying industry knowledge, powerful solutions and innovative technology to deliver sustainable results. Whether it’s helping you lead an ESG integration, risk mitigation or digital transformation, KPMG creates tailored data-driven solutions that help you deliver value, drive innovation and build stakeholder trust.
Martin Kaestner
Principal, US Analytics and AI Lead, KPMG in the US
Martin Kaestner
Principal, US Analytics and AI Lead, KPMG in the US