Mitsubishi UFJ Trust and Banking introduces AI solution “KIBIT Eye”

FRONTEO Co., Ltd. (Headquarters: Minato-ku, Tokyo, President and CEO: Masahiro Morimoto, hereinafter FRONTEO) is an AI solution that predicts fraud risks and is equipped with the in-house developed AI "KIBIT"."KIBIT Eye"We would like to inform you that Mitsubishi UFJ Trust and Banking Co., Ltd. (hereinafter referred to as Mitsubishi UFJ Trust and Banking) has introduced this in April to strengthen compliance.

Mitsubishi UFJ Trust and Banking aims to be a group of professionals who can solve social and customer issues, with the idea of ​​being a "trust bank that creates a safe and prosperous society" as our sustainability activity guideline. As a fiduciary, we recognize the importance of fiduciary duties and fulfill our various legal obligations, as well as act in accordance with high ethical standards and professionalism. We are working hard to live up to the expectations and trust placed in us by our customers.

KIBIT Eye, which was introduced this time, is an AI solution that supports companies in early detection of risks and prediction of fraud. By using AI to analyze huge amounts of text data, we eliminate individual bias in judgment criteria and enable uniform and comprehensive checks. In addition, by scoring data, data that is likely to contain risks is extracted, contributing to efficient risk management, sophistication of operations, and stronger compliance.

FRONTEO will continue to contribute to Mitsubishi UFJ Trust and Banking's goal of "creating a safe and prosperous society" by providing AI solutions with natural language processing as its strength.

■ About FRONTEO　URL: https://www.fronteo.com/
FRONTEO is a data analysis company that provides a variety of AI solutions and services using the in-house developed AI engine "KIBIT". Our philosophy is to "realize fairness in the information society by providing solutions that do not overlook risks and opportunities hidden in records," and extract meaningful and important information from vast amounts of text data and complex networks. Our strengths are natural language processing and network analysis technology that supports advanced judgment by experts.We are developing businesses in the areas of legal tech AI, business intelligence, life science AI, and economic security, and contributing to solving various corporate and social issues. Founded in August 2003, listed on TSE Mothers (currently TSE Growth) on June 8, 2007.The company operates in Japan, the United States, South Korea, and Taiwan.Obtained a first-class medical device manufacturing and sales business license and registered a controlled medical device sales business.Capital: 6 yen (as of March 26, 3,042,317).

*FRONTEO, KIBIT, KIBIT Eye are registered trademarks of FRONTEO in Japan.