News, Press Releases

BPER Group chooses Expert System for semantic search

Modena – July 1, 2015

Semantic intelligence plays a key role in increased organizational efficiency and reduced operating costs for information management

Expert System (EXSY.MI), the leader in semantic technology for the effective management of unstructured information, today announced that BPER Group, one of Italy’s largest banking groups, chose its Cogito semantic technology to improve the activities of search, guaranteeing access to all of the group’s information stored on the intranet.

Efficient information management underlies any organization’s strategy for growth and competitive advantage, and this is especially true in the banking industry. Expert System’s solutions for this sector address the need to access the right information at the right time, not only for simplifying internal knowledge management, but also to more effectively support customers and improve activities related to risk assessment and anti money laundering.

Based on the ability of Expert System’s Cogito software to understand the meaning of words, the search engine developed for BPER Group’s new intranet automatically identifies the relevant elements of each document. Thanks to Cogito semantic intelligence, users can quickly find all of the relevant information from a general federated search on a number of technology platforms or disparate information repositories (the most important of which is for internal regulations). Automatic identification and extraction of relevant concepts, tags, and effective document preview supports increased productivity for employees who are able to retrieve the information they need, faster.

“BPER Group’s selection of Cogito for management of valuable internal information spread across different locations demonstrates the benefits of semantic technology for all banking activities that require maximum precision in managing high-volume information flows,” said Alessandro Monico, Corporate Sales Director for Expert System Italy. “Cogito optimizes the entire search process, bringing greater efficiency and speed to sales, customer support and all of the group’s information-based activities.”

“In following the path of innovation, our new intranet represents a radical change in the way the bank supports the communication process and the access to information for all employees. This path has guided our selection of a solution that optimizes the way that all of our employees interact with the bank,” said Matteo Verri, Director, Training and Internal Communications, BPER Banca. “The Cogito technology fits perfectly in this context, allowing users to easily and rapidly access relevant information, thanks to semantic intelligence.”

About Expert System
Headquartered in Chicago, Expert System is a leading provider of information access solutions based on the proprietary, patented, multilingual semantic technology of Cogito. Using Expert System’s products, enterprise companies and government agencies can go beyond traditional keyword approaches for the rapid sense-making of their structured and unstructured data. Expert System technology has been deployed to deliver solutions for a vast range of business requirements such as semantic searches, open source intelligence, multilingual and big text analytics, natural language processing and the development and management of taxonomies and ontologies. Expert System serves some of the world’s largest industries including Banking and Insurance, Life Sciences and Pharmaceuticals, Oil and Gas, Media and Publishing, and Government including companies such as Shell, Chevron, Eli Lilly, Wolters Kluwer, Networked Insights, Nalco Champion, US Department of Justice and the DTRA. For more information visit expertsystem.com or follow us on Twitter at @Expert_System.

 


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